Wednesday 19 March 2014

Silk Road 2.0 – The Biggest Online Black Market

If you are seeking online for items and you want to keep your details such as credit card and identity secure from the government and any other parties then Silk Road 2.0 is your best bet. To get anonymous use a Proxy/VPN service that will encrypt your personal data and hide your location.

What is Silk Road 2.0?
The Silk Road 2.0 is an underground black market. It is also referred to as the eBay or Amazon of drugs. The market was started in 2011 by Dread Pirate Roberts. Roberts is well-known for his criticism on the US drug policy. “Silk Road 2.0” the name is borrowed from a network of trade routes that went through China, India and Europe in the ancient times. The main goods in the trade routes were spices and silk just to mention a few.

How many users are in Silk Road 2.0?
The market place has attracted millions of users. The market place does not share the number of users with the public and so it is hard to say, but by looking at the listings, the users can total to more than a million.

How much does it turn over?
Silk Road records a rough estimate of $22 million in sales annually. The commission for the owners of the site is a hefty sum and the market place is booming.

What it sells?
Illegal drugs such as Cocaine and Marijuana make about 70% of the sales of Silk Road 2.0. There are also other products such as books and computer equipment. A few years ago different types of guns were on sale on the anonymous marketplace but their sales were stopped alongside other products that were deemed to cause harm. The other products that were banned from the site are weapons of mass destruction, stolen credit cards and child pornography. Assassination services which were also offered were banned. 

How it works.
The Silk Road 2.0 website is not run like any other normal websites. It unique way of running has made it difficult for the government to close it. The website is run as an invisible service on the network of Tor. The website can only be opened from a Tor browser. When you try to open Silk Road 2.0 website by using a normal browser such as Google Chrome it would not open. The Tor browser and network creation was funded by the United States Government. It was meant for defectors and spies to send information securely and anonymously without compromising their identity. The United States government have tried to take down Silk Road but so far they have not succeeded. There is no indication that the government would do so in the future.

The Silk Road 2.0 is similar to eBay; it does not sell the products for the owners. The sellers (owners) pay a small fee to be allowed to list their products with all the details from photos to prices. There is also a section for the prospective buyers and buyers to give feedback about the products. The feedback of the customers is very important when choosing the right seller.

When you are purchasing anything from Silk Road 2.0, you pay for the products through Bit coins. Bitcoins is an anonymous electronic currency that is new on the market and still growing. Bitcoins can be bought from anywhere in the world. When you get the Bitcoins you can now buy by using an escrow service. Escrow service is the same as the PayPal service. The seller would then get the Bitcoins as soon as you get the goods. There have been cases in which the seller rip the buyer off the Bitcoins and does not deliver the products as it should be. Before you make the purchase look at the feedback of the seller and make sure you use an escrow service. After you have completed the payment the products will be sent to you by the seller after you have shared your details with him/her. If you purchased something that is illegal, then the risks of getting caught are high. The risks can also increase if you are buying something that is from another country.

Buying products that are illegal from Silk Road 2.0 market place is not recommended, but if you are determined to see the site for yourself then please do so safely. Use a Virtual Private Network (VPN) Service. When you use a computer that has an IP address, it will show your location and this makes tracing easy. When a VPN and a Tor browser are used, your activity online will be untraceable. A VPN service will encrypt all your data from everyone that is including your internet service provider.