OpenBazaar, Born of an Effort To Build the Next Silk Road, Raises $1 Million

Patrick O'Neill writes: After the fall of Silk Road, Amir Taaki built DarkMarket in an effort to offer a decentralized and "untouchable" market alternative. That's grown into OpenBazaar, a "censorship-resistant" protocol that just raised $1 million from venture capital firms Union Square Ventures and Andreessen Horowitz, as well as angel investor William Mougayar through the company OB1, which will now do core development on the software.

Comments

Re:Untouchable?

[Canth7]

I would note that other articles on the OpenBazaar raise, do not use that word. Censorship-resistant seems to be the consensus on what the product aims to achieve.

Re:Unpossible

[Archangel Michael]

I am not a dumbass. I speak for those that don't know certain things are even possible. Those that use SilkRoad /OpenBazzare probably already know about these things, or at least should. Your Grandma doesn't.

Yes, you can (and should) use a new wallet every transaction, by default.

Yes, you can wash your currency between transfers to new wallets, and probably should do that too.

You and I are both well versed in these things, but most people are not.