[Redeemable Rewards Scheme:]

Anyone look at those "deepweb" reddit forums like darknetmarkets on reddit?

I saw a interesting post a bit ago about Bitcoin and Monero there:

This is a fair suggestion. With all the scams that have been plaguing the darknet recently, I propose a redeemable reward scheme that would provide incentive for vendors and users to use the market, while also receiving the opportunity to make a "passive income" from regular use of the market. Such a thing would benefit the community as a whole by placing the trust in both the market itself and the users, as the market would need the users to actually use the market, and the users would need the market to gain a passive income, just from being an active buyer/vendor.

Redeemable Rewards Scheme:

    Reedamable Rewards constitute as "coupons" that are given to vendors/buyers for using the market for an (x) amount of time, or having placed/sold an (x) amount of items, or having gained an (x) amount of trust/positive feedback.
    Profit's from the market via fees collected from escrow/vendor signups would have a percentage of the money put back into Reedamable Rewards, to reward loyal Vendors and Buyers.
    The use of mandatory multisig would prohibit any theft from occurring, such as what happened in Evolution recently
    The rewards structure and multisig would make the market both decentralized and centralized in one, the decentralization coming from the use of a rewards scheme that relies on both participation of the admins/users and multisig, and the centralized aspect coming from the market being hosted itself on servers.

Currency Application

    This market would make use of currencies that are actually "worthwhile". No instamined, premined, PoS, or Bitcoin-derived/forked currencies will be used, as they all present various security risks and I'm not a fan of bitcoin clonecoins. Thus, this market would utilize Monero and Bitcoin only. Monero uses cryptonote, the most fungible anonymity scheme implementation possible, along with having a surprisingly good development team, and a road paved for success. Bitcoin would act as a hedge on the market, should users choose to switch between the currencies( Such as BTC->XMR to cash out etc).

Pros of a Hybrid Decentralized/Centralized market over a fully decentralized market

    I love decentralization, but there are things that decentralized simply makes worse, such as a decentralized darknetmarket. For example: If the LE decides to come after/attempt to take down a decentralized market, they are going to go after not the admins, but all the users themselves. With a centralized market, the admins are the ones that have to look behind their back constantly, while the users are free to enjoy themselves. With a decentralized market, everyone on there is at risk of being tracked by LE, since they all are equal participants in the criminal enterprise, as you would be required to download the node hosting all the markets information to even use the decentralized market.

https://www.reddit.com/r/DarkNetMarkets/comments/30mfyp/vendormarketinquiry_creation_of_a_giftrewards/


*For the record I do not promote any illegal activity, just discussion(I don't promote discussion about it either, just like to have neutral discussion)**

[Redeemable Rewards Scheme:]

I'm taking out the few words alluding to "illegaility" such as "dark". This post really got my attention though, can someone give comment.

This is a fair suggestion. With all the scams that have been plaguing the darknet recently, I propose a redeemable reward scheme that would provide incentive for vendors and users to use the market, while also receiving the opportunity to make a "passive income" from regular use of the market. Such a thing would benefit the community as a whole by placing the trust in both the market itself and the users, as the market would need the users to actually use the market, and the users would need the market to gain a passive income, just from being an active buyer/vendor.

Redeemable Rewards Scheme:

    Reedamable Rewards constitute as "coupons" that are given to vendors/buyers for using the market for an (x) amount of time, or having placed/sold an (x) amount of items, or having gained an (x) amount of trust/positive feedback.
    Profit's from the market via fees collected from escrow/vendor signups would have a percentage of the money put back into Reedamable Rewards, to reward loyal Vendors and Buyers.
    The use of mandatory multisig would prohibit any theft from occurring, such as what happened in Evolution recently
    The rewards structure and multisig would make the market both decentralized and centralized in one, the decentralization coming from the use of a rewards scheme that relies on both participation of the admins/users and multisig, and the centralized aspect coming from the market being hosted itself on servers.

Currency Application

    This market would make use of currencies that are actually "worthwhile". No instamined, premined, PoS, or Bitcoin-derived/forked currencies will be used, as they all present various security risks and I'm not a fan of bitcoin clonecoins. Thus, this market would utilize Monero and Bitcoin only. Monero uses cryptonote, the most fungible anonymity scheme implementation possible, along with having a surprisingly good development team, and a road paved for success. Bitcoin would act as a hedge on the market, should users choose to switch between the currencies( Such as BTC->XMR to cash out etc).

Pros of a Hybrid Decentralized/Centralized market over a fully decentralized market

    I love decentralization, but there are things that decentralized simply makes worse, such as a decentralized darknetmarket. For example: If the LE decides to come after/attempt to take down a decentralized market, they are going to go after not the admins, but all the users themselves. With a centralized market, the admins are the ones that have to look behind their back constantly, while the users are free to enjoy themselves. With a decentralized market, everyone on there is at risk of being tracked by LE, since they all are equal participants in the criminal enterprise, as you would be required to download the node hosting all the markets information to even use the decentralized market.

https://www.reddit.com/r/DarkNetMarkets/comments/30mfyp/vendormarketinquiry_creation_of_a_giftrewards/