ANNOUNCEMENT: Since the Silk Road 2.0 bust by the feds a few other Darknet Markets have fallen. Silk Road 3 is up and running with a big selection of goods.
It seems that hard work has finally paid off for AlphaBay Market. Their reputation is growing bigger on daily basis and it starting to look as if they are aiming to be the next Silk Road. Which won’t be an easy task, for sure.
Silk Road was the first and the most popular market among the Dark Web markets. They have laid the foundations for secure, anonymous trading and still no market has ever been able to gain trust and popularity that they had with their customers and vendors.
It has been two years since the Silk Road was brought down, and its founder Ross Ulbricht, also known by pseudonym Dread Pirate Roberts, was arrested. Everything has changed for the Dark Web markets since then. A number of new markets popped out like mushrooms after the rain. Some of them good, some of them bad; and some – really, really bad performing exit scams, phishing, stealing other people’s money.
Apparently, Silk Road cared about its customers and vendors. They were the first to implement escrow trade and bitcoin as valid trade currency. They were categorically against child pornography, assassination or hacking services. Ross Ulbricht explained this on his trial, “The Silk Road initially started as a libertarian economic experiment, a project motivated by idealism and a willingness to let people live as they choose.” Now, everybody is trying to adopt that philosophy and recreate what Silk Road had done before the FBI shut down the market.
Just a couple of days after the original market fell, Silk Road 2.0 resurrected from the dead by remaining staff from the original project. It looked identically, but had some new security features.
It didn’t stay long in the business, however – they were seized in 2014 together with 26 other Dark Web markets. The ones that survived, among others were Evolution and Agora and both markets aspired to overtake the throne and become the biggest market.
One definitely more than the other – after a while Evolution performed an exit scam leaving hundreds of customers short of their bitcoins. So, Agora became the leading Dark Web market and they were doing quite well… until they decided to shut down at one point. In their official statement they explained that they’ve found certain security flaws in the Tor Network system which they are working to fix.
Again, new Dark Web markets emerged striving to become the new Silk Road. One of them even is using the very name of the legendary market – Silk Road 3.0. Very soon it was marked as fake market by the DeepDotWeb, a team of enthusiasts reporting about the current situation on the Dark Web.
However, despite this warning, it seems that Silk Road 3.0 marketplace is steadily gaining in popularity. At first users were not sure whether it was just an FBI hoax or a legitimate marketplace. But, according to Fezzik, a current employee at Silk Road 3.0, it counts up to 100,000 users at the moment.
So it is reasonable to believe that this market, a survivor of Operation Onymous, along with other contenders, is steadily building its way to the top.
Current elite markets are definitely AlphaBay and Abraxas Market, competing head to head. But according to a recent statement from AlphaBay team in which they announced that they’ve officially reached 200,000 users; it seems they have greater chance to become the #1 market:
“We reached 200,000 users on the Marketplace just now. On behalf of the entire AlphaBay Staff, we thank you for your ongoing support, faith & effort to shape AlphaBay as it is today – a top-grade black market!
With the help of our community, we will continue to do our best to run AlphaBay for many milestones ahead in a transparent way, accompanied by strong security practices & blazing-fast marketplace speed.
Sincerely Thank You,
This is pretty big and they are growing even bigger in numbers.
AlphaBay Market has a different approach – their PR campaign is professionally conducted and their main goal is to create a strong and loyal community. In an interview for the DeepDotWeb, the founder of the market said that “without a community, the marketplace would not exist, so the community holds the true power. We implemented multisig, shared account access, and many other features that users requested. We want to have every imaginable possible feature to be the #1 market.”
During the same interview, he also noted how proud they are “of the high level of security & strict security procedures we have here at AlphaBay. We would like to assure all of our users (both vendors & buyers) that their security, privacy and anonymity rank first place in our priorities list.”
So far they have been doing a pretty great job in their new role of being considered as the new Silk Road. But, let’s just wait and see how it turns out. To read more about AlphaBay, visit here http://alphabaymarket.com/.