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I'm surprised they had any kind of online wallet. You'd think you would do manual transactions with offline keys if running a blackmarket, or the very least mul

• girvo 13y ago
  Multi sgi is exactly what The Marketplace has done, as well as not keeping BTC in an online wallet. It hasn't taken off, unfortunately.
  • gwern 13y ago
    People find it hard to use, between i2p and multi-sig, and so they don't use it and then you have the usual chicken-egg problem. You might think i2p & multi-sig are trivial conveniences worth paying for security from site operators scamming you (currently the #1 cause of black-market death in my compilation), but we here, on HN of all places, should appreciate how important usability is and how hard ordinary people find crypto stuff to use: most black-market users can't even PGP-encrypt their addresses when ordering drugs. (You might expect 100% of addresses to be encrypted, but actually encryption rates range from 8% to 90%, depending on which marketplace & vendor you ask.)