Dark Web

The Dark Web is the complete opposite of the Internet that you’re used to using.

While it is a collection of several thousand hidden websites that are “online”, the Dark Web doesn’t get indexed by your favorite search engine.

This means the Dark Web doesn’t have a homepage that will appear in any search engine search results.

Recent studies by Internet security firms and researchers have estimated that more than 50% of all Dark Web websites host illicit material.

You can buy drugs, guns, stolen identities, social security numbers, hacked website credentials, and all matters of other illegal items.

The Dark Web is also notorious for selling distributed denial of service (DDOS) attacks using botnets, stolen financial and customer data, espionage services, and access exploits and keyloggers.

The primary method of paying for these services is by using cryptocurrencies.

Silk Road is the most famous Dark Web online marketplace that gained notoriety after being shut down by the FBI in 2013.

The then founder of the website, Ross Ulbricht, was arrested and sentenced to life in prison.

Between 2013 and 2020, the FBI and U.S. government seized more than USD $1 billion worth of Bitcoin (BTC) connected to Silk Road.

Related Terms

Web 3.0

Web 3.0 is described as a phase of evolution that includes more user interaction, data sharing and ownership, decentralized connectivity, and blockchain technology at its core. Machine learning and artificial intelligence will play a larger part in the apps and services that we’re already using. Everything that can be connected to the Internet will be connected to the Internet, and there will be a huge focus on decentralization, enhanced connectivity, and more user control over personal data ownership. Centralized authorities, like governments and gigantic, multinational companies will take a backseat to self-governing and self-ownership of various parts of this new Web 3.0 world, and the individual will take a larger role in operating on a blockchain network, while also making decisions about the blockchain’s future evolution

Tor

Tor, originally called The Onion Router, is a decentralized network that encrypts all user traffic between its servers.The network provides anonymity to anyone that uses it. Because of that feature, the Tor network has become famous for providing access to the Dark Web.

Bitcoin (BTC)

Bitcoin (BTC) is most well known as a digital decentralized cryptocurrency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries, such as payment gateways or banks or routing services. Think of bitcoin as Internet money, that you can send and receive directly, to and from anyone, and you can use it to pay for stuff.

Metaverse

The Metaverse should give you the opportunity to do virtually anything you can do in the “real” world, but online…virtually. Some common characteristics of the metaverse that are discussed today include the use of virtual reality (VR) interfaces (goggles, headsets, etc.), augmented personal avatars that represent you in the digital world, and ownership of digital goods.

Bitcoin ATM (BTM)

A Bitcoin ATM (BTM) is an ATM machine that lets you buy and sell Bitcoin (BTC), transfer Bitcoin (BTC) to someone else, and some even let you sell Bitcoin (BTC) and withdraw cash. Surprise! A Bitcoin ATM is very similar to a traditional bank ATM, in that you can deposit and withdraw fiat money. To […]