Silk Road forums

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Is it responsible for the attacks on Silk Road? Is it a better, more stable alternative? Is it just one great big honeypot for law enforcement agencies to gather intelligence on drug dealers? There is something a little bizarre about chatting to directors yes, they have vlad1m1r bitcoin wikipedia board of an underground vlad1m1r bitcoin wikipedia market about their company model. But they are not, they claim, in any vlad1m1r bitcoin wikipedia responsible for the DDoS attack on their rival.

To rapidly improve and evolve our feature set. To crush the competition. The hypothesis for this theory goes something like this:. The one-way PGP i. If it is a sting, it will be human error, not Tor or the. But Loera thinks it would be counter-intuitive for law enforcement to vlad1m1r bitcoin wikipedia this method of entrapment. I point out that this is not entirely true — at the time Silk Road started, there was no knowledge of internet drug trade outside a few uber-geeks, and no incentive vlad1m1r bitcoin wikipedia the law to create such a honeypot.

Such sting operations in the face of public outrage are not unprecedented. Atlantis was born in March because its founders saw an opportunity in the market when Silk Road started having reliability problems and outages which became more and more frequent. Vlad1m1r bitcoin wikipedia denies this, saying it is the Silk Road outages that causes people to defect and the good customer service that makes them provide word-of-mouth recommendations.

Atlantis is unabashed in its desire to lure customers away from Silk Road. Whilst showing some level of respect for Dread Pirate Roberts for evolving the online platform, implementing Bitcoin support and taking black cybermarkets to the next level, they think he has dropped the ball, perhaps complacent in his monopoly.

We will do this by offering incentives for users. In the six weeks since inception, Atlantis claims to have had 10, user sign-ups. But this is clearly not unusual in the initial growth phase of any start-up.

One of the biggest surprises with this new market was the initial decision to deal exclusively in Litecoin, rather than the vlad1m1r bitcoin wikipedia Bitcoin used by Silk Road, Black Market Reloaded and other online stores.

The reason, Atlantis claimed, was the teething problems of Bitcoin had been eradicated vlad1m1r bitcoin wikipedia minimised with Litecoin. But the main differences are the speed of transaction confirmation and the fact that mining is available to the average user. Potential customers were not convinced and in less vlad1m1r bitcoin wikipedia a month Atlantis implemented dual-currency recognition, accepting Bitcoins as well.

Their enthusiasm for the Litecoin, however, raises the question of whether the team has a vested interest in the fledgling cryptocurrency. Atlantis hedges the wildly fluctuating currencies against their weighted average USD value on MtGox and BTC-e exchanges and is proud of its robust security measures, stating that the way cryptocurrency wallets are managed could be a benchmark secure solution for other businesses. I point out that an end to prohibition would logically put an end to their enterprise, as people would source drugs from legal alternatives.

Loera puts a sunny spin on this, saying it would provide an opportunity for them to legitimise their business and widen the scope of their potential customer base. We believe people should have the right to choose what they do with vlad1m1r bitcoin wikipedia own bodies.

Ironically, most of the drugs for sale are less dangerous then tobacco or alcohol. In the meantime, he points out, drug users can order compounds from the comfort of home, be certain that the item you vlad1m1r bitcoin wikipedia is of satisfactory quality due to the reputation system reduce the risk of violence. So, assuming they are not law enforcement themselves, are they afraid of getting caught? Whether through flaws in the technology the markets rely on the onion routing protocol and cryptocurrencies or through the sophisticated social engineering and stylometry techniques law enforcement is using on similar operations?

You vlad1m1r bitcoin wikipedia link to this article but cannot reproduce it without the permission of the author. That is indeed the point I was trying to make. Not a problem for the security-conscious but, as you say, it gives other users a false sense of security. A more complete quote from Atlantis on the matter was: The system is built with security in mind, and everything that is automatically encrypted is stored encrypted. Alternatively, users can go down the more familiar route of manually encrypting and pasting vlad1m1r bitcoin wikipedia outside of the Atlantis environment.

I am pretty frustrated with the endless downtime of SR. They are making a LOT of money, yet there is very little innovation and improvements on their web site. Do you guys have any idea who Vladimir is? Vladimir is one of the most hated names amongst SR users and throughout the bitcoin community. He is a fucking crook that stole thousands of dollars. Get over your shit and vlad1m1r bitcoin wikipedia that this information needs to be made public so people can make well informed decisions.

It is a very common pseudonym. I have vlad1m1r bitcoin wikipedia idea about the Atlantis forums because I have not really spent any time there. Also I have no affiliation with Atlantis, I merely reported the results of my interview with them, leaving it up to the reader to come to a conclusion about whether Atlantis is LE, scammer or genuine competitor.

If not then GTFO get a new job. I get the same vibe from Vlad1m1r bitcoin wikipedia promotional material as I do with the relentless Privnote endorsements. The admin of BlackMarketReloaded, backopy, has competed with SR for some time, and I have no problem with that whatsoever. Vlad1m1r bitcoin wikipedia communications cannot and should not be automated because of the security illusion it creates.

If it was an easy problem, it would have been solved by the cipherpunks 10 or 15 years ago. You cannot automate message encryption because vlad1m1r bitcoin wikipedia cannot outsource your security. Or rather you can, and then you can crash and burn. It works great and you think yourself a cost saving genius until it turns on vlad1m1r bitcoin wikipedia. They can capture everybody who enters a plaintext address by being a passive adversary, eavesdropping over timebut they cannot do anything about the customers and vendors using PGP encryption.

Those are the customers and vendors who are most likely to survive to fight another day and so they realize that A Big Raid only produces a game of high tech Whack-A-Mole. Otherwise they shall listen passively, trying to accumulate as much data to deanonymize vendors as possible. This environment leads to SR customers and vendors assuming that SR is already compromised, that all communications are logged, that Private Messaging is really public as any post on a forum.

This makes for a permeable network. Infiltration is simply irrelevant to adept SR users. But it is important nonetheless, since black markets must have some element of Pareto efficiency to them, most of the professionals with larger volumes are certain to be using PGP.

The modus operandi was to join a caravan and become accepted as bona-fide travellers themselves. The Thugs would need to delay any attack until their fellow travellers had dropped the initial wariness of the newcomers and had been lulled into a false sense of security, gaining their trust.

Once the travellers had allowed the Vlad1m1r bitcoin wikipedia to join them and disperse amongst them — a task which might sometimes, depending on the size of the target group, require vlad1m1r bitcoin wikipedia for hundreds of miles — the Thugs would wait for a suitable place and time vlad1m1r bitcoin wikipedia killing and robbing them.

I do not know whether Atlantis is made out of LE agents or merely just a bit naive about how their approach to encryption is being vlad1m1r bitcoin wikipedia, but I do know the use of secure encryption for communications is going to be absolutely pivotal to obstructing LE efforts.

It seems an extraordinary coincidence that Altantis vlad1m1r bitcoin wikipedia astroturfing at the same time SR came under attack. That I would like a comment on by the Atlantis administrators.

It is also possible they are innocent and this was unfortunate timing for vlad1m1r bitcoin wikipedia ill conceived advertising campaign. Either way, their approach to encryption concerns me. Here are some quotes:. This will only happen in the event of a major violation of this agreement. They did mention wanting to expand the market beyond the SR base, so it could well be simply a marketing thing. As for the forum registration stuff, I highly suspect that is the boilerplate that came with the forum platform, but will ask the question if you like.

The forum registration TOS was what came with the forum software and has now been updated. Sorry for any inconvenience caused. Of all the things people freaked out about, this was not one that should have been given any oxygen. On the subject of PGP, some juicy gossip! Perhaps that email arrived in his spam inbox too. Okay used my vlad1m1r bitcoin wikipedia investigative journalist skillz to work out who you meant and found him — and the unimportable PGP key!

Should I tweet him of his sins, do you think? DPR seems like a great lad that is well into the ideas of liberty. SR could use an overhaul though, and maybe some creative means of increasing its speed. For now I hope DPR and crew figure out how to thwart the attacks Atlantis most likely is perpetrating on them. I did put vlad1m1r bitcoin wikipedia to them when they made claims about the speed of their vlad1m1r bitcoin wikipedia and lack of outages that this may be because of lack of visitors.

Silk Road is ok, but lots of scammers. Your stories and thoughts are the same vlad1m1r bitcoin wikipedia over and over, most of the time its not even relevant and old info. Are you going to write about all the addicts that are experiencing withdrawal symptoms because SR is down and they cannot purchase drugs? They are writing about it all over the forums, and the forums have been more off the wall that usual these past couple of days.

Can you send me some links? It seems a bit odd that addicts would be experiencing withdrawals after an outage of 2 days, considering most vlad1m1r bitcoin wikipedia have to wait at least that long to receive their drugs in the mail. It is of little relevance now that the SR website is back up. There were people complaining that they could not concentrate at work due to withdrawal symptoms, and so on. Without the usual secrecy, the executives are hosting reddit AMAs, conducting interviews with blogs and newspapers, posting on Twitter and of course commenting on their YouTube video.

There are allegations that it is a honeypot, drawing in ex-Silk Road vendors by charging lower fees, and offering proprietary encryption, vlad1m1r bitcoin wikipedia. They are obviously litecoin miners who saw how silk road bootstrapped bitcoin from pennies per coin into hundreds per coin, and want to cash out their gigantic storage of litecoins.

LE just needs to match up their writing style to posts on bitcointalk. I certainly got the impression their interest in Litecoin went beyond it being a convenient cryptocurrency to accept.

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