cryptomarket
Anonymous online bazaar
A cryptomarket is an online marketplace operating on the dark web where goods—typically illegal drugs, stolen data, or other contraband—are bought and sold using cryptocurrency for anonymity.
Transactions occur through encrypted networks like Tor, with Bitcoin or similar currencies obscuring buyer and seller identities.
The Silk Road was the most notorious cryptomarket before its shutdown.
Lacking single authority
- ledgerFinancial record book
- smart contractsSelf-enforcing coded agreements
- nodesPoints of connection
- miningExtracting earth's resources
immutable · peer-to-peer · consensus · validation · proof of work · proof of stake · Ethereum · Bitcoin
Mutual giving and receiving
- liquidityConvertibility to cash
- buyObtain through payment
- sellTransfer for payment
- volumeAmount of space filled
bid · ask · spread · pairs · leverage · margin · shorting · scalping
Encrypted anonymous network
- TorAnonymous routing network
- pseudonymityState of using aliases
- tumblerFlat-bottomed drinking vessel
- mixerCombines ingredients or people
untraceable · Silk Road · escrow · vendor · onion · dead drop · zero-knowledge
Collected works or assets
- diversificationExpanding into varied areas
- assetsOwned items of value
- tokenomicsDigital asset economic structure
- airdropParachute delivery from aircraft
APY · whitepaper · vesting · seed round · presale · bull run · accumulation
Irregular change over time
- crashSudden violent impact
- bubbleAir-filled film sphere
- correctionFixing of mistakes
- surgeSudden powerful increase
speculation · unpredictable · swing · panic · frenzy · whipsaw · choppy · momentum
decentralized
Lacking single authority
- ledgerFinancial record book
- smart contractsSelf-enforcing coded agreements
- nodesPoints of connection
mining · immutable · peer-to-peer · consensus · validation · proof of work · proof of stake · Ethereum · Bitcoin · wallet
exchange
Mutual giving and receiving
volume · bid · ask · spread · pairs · leverage · margin · shorting · scalping · swing trading
darknet
Encrypted anonymous network
- TorAnonymous routing network
- pseudonymityState of using aliases
- tumblerFlat-bottomed drinking vessel
mixer · untraceable · Silk Road · escrow · vendor · onion · dead drop · zero-knowledge
portfolio
Collected works or assets
- diversificationExpanding into varied areas
- assetsOwned items of value
- tokenomicsDigital asset economic structure
airdrop · APY · whitepaper · vesting · seed round · presale · bull run · accumulation
fluctuation
Irregular change over time
- crashSudden violent impact
- bubbleAir-filled film sphere
- correctionFixing of mistakes
surge · speculation · unpredictable · swing · panic · frenzy · whipsaw · choppy · momentum · moon
cryptomarketAmazon
Greek warrior women
eBay · Walmart · stock exchange · NYSE · authorized dealer
crypto, market, crypt, cryptic, cryptically, cryptography, cryptographic, cryptographer, encrypt