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Learning & News => News related to Crypto => Topic started by: Goodcat49 on March 07, 2018, 02:51:38 PM

Title: Dark Side of the Coins: Cryptocurrencies on the Darknet
Post by: Goodcat49 on March 07, 2018, 02:51:38 PM
While surfing the Web, not everyone realizes that actually, two parallel worlds exist there: the usual Internet and the darknet, an area much deeper and much more mysterious. 

The term “darknet” first appeared in the 1970s and referred to the private networks with a high degree of confidentiality. And though, initially, the "anonymous Internet" didn’t mean something dangerous, gradually it started to go underground and became a means of communication for illegal activities and crime.

The shady corners of the Deep Web resemble the usual Internet a lot, except that it’s impossible to get to the “other "side” via Google search. For this, special protocols ensuring anonymity are needed. Most often, people use browsers like Tor with Onion routing, which hide the IP address and transmit data in encrypted form. Thus, the user gets almost complete confidentiality while being online: visiting any websites and forums, communicating via instant messages. His Internet activities are invisible to the outside world, even to officials and the police.

The name "darknet" is not just an allusion to the far side of the Moon. This overlay network is really dark, with multibillion-dollar turnovers on the black markets. The platforms for drug trafficking, weapons, fake IDs and passports - that’s only a small part of the darknet.

Until recently, “Silk Road” was the most popular black marketplace on the Web. A kind of illegal Amazon, it offered everything - from drugs to killer’s services. In 2013 the FBI managed to shut the site down.

What’s more, on the darknet there is cryptocurrency. Lots of cryptocurrency.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/cryptocurrencies-on-the-darknet/

(https://coinidol.com/upload/resize_cache/iblock/979/900_900_1/97968d0dae4486d152974d7eaa9586dc.jpg)