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What are the latest dark net markets these days anyway and have they gone Monero native yet? 2-of-3 multisig will at least provide software level trust of the

What are the latest dark net markets these days anyway and have they gone Monero native yet? 2-of-3 multisig will at least provide software level trust of the escrow process. The reviews on quality of goods would still be important though, but from an enforcement side it will be exponentially more expensive to take down one of these sites. Prior DNM busts typically also got the warchest of everything held in escrow, making it more worthwhile to try and nab cryptocurrency. They were also aided by transparency blockchains to determine social graphs, which Monero makes almost impossible.

Zak 9y ago
I checked a few sites I found from the list in the sidebar of /r/darknetmarkets. A couple of them allowed paying into their escrow service with Monero, and for vendors to receive Monero, but it looks like they're still fundamentally based on a multisig Bitcoin transaction. This seems like a mistake to me; I would have expected faster Monero adoption, especially with Bitcoin hitting performance bottlenecks.
- ringaroundthetx 9y ago
  yeah, darknetmarkets should have dropped bitcoin completely a while ago I'm not sure Monero's 2-of-3 multisig is actually merged into production yet, but they have 2-of-2 so thats still a real limitation. Also Monero has and will hit performance bottlenecks very quickly too, cryptonote coins have no layer-2 scaling solution on the roadmap. Although they have had adaptive block sizes from day 1, the block sizes grow very slowly compared to spikes in traffic. The transaction fees would quickly reach unoptimal $ amounts, but the market itself would just require larger deal flow.
mitchdoogle 9y ago
I've referred to deepdotweb for market information lately: https://www.deepdotweb.com/dark-net-market-comparison-chart/ https://www.deepdotweb.com/dark-net-market-comparison-chart/ I don't see anything about Monero on this page, but I'm sure it's there if you dig around.
duozerk 9y ago
These days: Dream (highly unprofessional / suspicious), Libertas, CGMC (only cannabis & psychedelics, extremely well done), and Zion (up and down due to DDOS). The last one at the very least support Monero, but I believe it's not the only one. That list is only a list of the "true" markets; there are also numerous forum-based ones. A lot of the above also handle multisig (including monero multisig), to make sure a vendor can get his coins even if the market disappears. There's also a galaxy of small websites / forums opened by single vendors themselves, in order to sell directly.

Zak 9y ago

I checked a few sites I found from the list in the sidebar of /r/darknetmarkets. A couple of them allowed paying into their escrow service with Monero, and for vendors to receive Monero, but it looks like they're still fundamentally based on a multisig Bitcoin transaction. This seems like a mistake to me; I would have expected faster Monero adoption, especially with Bitcoin hitting performance bottlenecks.

ringaroundthetx 9y ago
yeah, darknetmarkets should have dropped bitcoin completely a while ago I'm not sure Monero's 2-of-3 multisig is actually merged into production yet, but they have 2-of-2 so thats still a real limitation. Also Monero has and will hit performance bottlenecks very quickly too, cryptonote coins have no layer-2 scaling solution on the roadmap. Although they have had adaptive block sizes from day 1, the block sizes grow very slowly compared to spikes in traffic. The transaction fees would quickly reach unoptimal $ amounts, but the market itself would just require larger deal flow.

mitchdoogle 9y ago

I've referred to deepdotweb for market information lately: https://www.deepdotweb.com/dark-net-market-comparison-chart/ https://www.deepdotweb.com/dark-net-market-comparison-chart/ I don't see anything about Monero on this page, but I'm sure it's there if you dig around.

duozerk 9y ago

These days: Dream (highly unprofessional / suspicious), Libertas, CGMC (only cannabis & psychedelics, extremely well done), and Zion (up and down due to DDOS). The last one at the very least support Monero, but I believe it's not the only one. That list is only a list of the "true" markets; there are also numerous forum-based ones. A lot of the above also handle multisig (including monero multisig), to make sure a vendor can get his coins even if the market disappears. There's also a galaxy of small websites / forums opened by single vendors themselves, in order to sell directly.