Learn how the Silk Road became a multi-million dollar Dark Web & Narcotics platform - that spawned a new industry using encryption within the Dark Web...here's the link to the full course: https://www.concise-courses.com/learn/silk-road/

1. SILK ROAD AND ONLINE
NARCOTIC DISTRIBUTION

2. FOR THE FULL FREE VIDEO
COURSE PLEASE VISIT
WWW.CONCISE-COURSES.COM/TRAINING/
Valid for Continuing Education!

3. concise
cybersecurity

4. WHAT WAS THE SILK ROAD?
The Silk Road was an online ‘black market’ and the first modern
‘Darknet Market’, best known as a platform for selling illegal
drugs.
As part of the dark web, it was operated as a TOR hidden
service, such that online users were able to browse it
anonymously and securely without potential traffic monitoring.
The website was launched in February 2011 and closed in
October 2013 by the FBI. At that time the FBI also arrested Ross
William Ulbricht under charges of being the site’s
pseudonymous founder ‘Dread Pirate Roberts’.
In summary, the Silk Road was the Internet’s (dark web’s) largest
drug-dealing website.
concise
cybersecurity

5. SILK ROAD EARNINGS AT ITS’ PEAK
In two years the website facilitated
around USD 1.2 billion in sales, the vast
majority of it illegal drugs, and the
founder (more on him later) took USD
79.8 million in commissions on those
sales (in Bit Coin ‘btc’ currency).
The site at its’ peak had 957,079 user
accounts: at least 30 per cent of those
users were in the US, and the next most
popular countries were Britain, Australia
and then Germany.

6. WHAT WAS THE PROCESS?
The process, or ‘business model’ for the Silk Road, was
reliant on a usable interface, electronic currencies and
anonymous networks to access a drug market located in
the ‘Deep Web’.
The ‘Deep Web’ has secure and confidential
communication lines by encryption of computer IP
addresses using TOR anonymizing software or web proxy
to the TOR network (http://TOR2web. org).
Most users use ‘PGP4Win Gpg4win’ a system which
enables the secure transmission of emails and files with
the help of encryption and digital signatures.

7. TOR EXPLAINED
TOR was at the center of the Silk
Road enterprise, so here’s a quick
overview of TOR:
▸ First the US Naval Research
Laboratory, then the EFF and now
the TOR Project (501c3 non-profit)

8. TOR EXPLAINED
“…..TOR is free software and
an open network that helps you
defend against a form of
network surveillance that
threatens personal freedom
and privacy, confidential
business activities and
relationships, and state security
known as traffic analysis…..”

9. TOR EXPLAINED
▸ Access normal Internet sites
anonymously, and TOR hidden
services.
▸ Locally run SOCKS proxy that
connects to the TOR network.

10. TOR KEY FUNCTIONS…
(Critical to Silk Road Vendors/ Users)
- Layered Encryption
- Bi-Directional Tunnels
- Has Directory Servers
- Mostly Focused on ‘Out Proxying’

11. TRANSACTIONS ON THE DARK WEB
Buyers and vendors use ‘Bitcoins’ (btc) to conduct all transactions,
which is a non-government controlled anonymous and
untraceable crypto-currency, used as peer-to-peer currency and
indexed to the US dollar to prevent excessive inflation or
deflation.
For users transacting on ‘Deep Web’ sites, ‘Electrum’ is an
anonymous TOR server used to access a virtual wallet containing
btc’s and ensures payment anonymity via online verifiable
transactions occurring without a central third party.
btc can be bought at many online exchanges such as the ‘Tokyo
Mt.Gox’ and ‘Bitstamp’ and is indexed to the USD

12. TRANSACTIONS ON THE DARK WEB
Buyers and vendors use ‘Bitcoins’ (btc) to conduct all transactions,
which is a non-government controlled anonymous and
untraceable crypto-currency, used as peer-to-peer currency and
indexed to the US dollar to prevent excessive inflation or
deflation.
For users transacting on ‘Deep Web’ sites, ‘Electrum’ is an
anonymous TOR server used to access a virtual wallet containing
btc’s and ensures payment anonymity via online verifiable
transactions occurring without a central third party.
btc can be bought at many online exchanges such as the ‘Tokyo
Mt.Gox’ and ‘Bitstamp’ and is indexed to the USD
concise
cybersecurity

13. VENDOR/ CLIENT TRANSACTION WITHIN THE
DEEP WEB & THE SILK ROAD
Vendor authenticity and member opportunity to
commence vending on the site are controlled through
the payment of a refundable bond (which was
approximately around USD 500), and by the
auctioning of new vendor accounts to the highest
bidders.

14. Commission fees range between 3 and 8.5 precent of the sales price.
Comprehensive measurement analysis and site monitoring for a
period of eight months during late 2011 and 2012 estimated total
vendor revenue from public listings, as slightly over USD 1.2 million
per month; with approximately USD 92,000 per month in
commissions for the ‘Silk Road’ operators
Transaction anonymity is optimized by use of ‘tumbler’ services of
dummy and single use intermediaries between buyer and vendor.
The ‘escrow’ system is used that releases payment to vendors on
customer receipt of orders.
VENDOR/ CLIENT TRANSACTION WITHIN THE
DEEP WEB & THE SILK ROAD

15. FOR THE FULL FREE VIDEO
COURSE PLEASE VISIT
WWW.CONCISE-COURSES.COM/TRAINING/
Valid for Continuing Education!