Silk Road - Definition from the Hotspot Shield Encyclopedia

The Silk Road was the original online black market and the first darknet black market created in 2011.

After much controversy and investigation the market was shut down by the FBI in 2013. The Silk Road was created using the Tor hidden service so that users could browse its contents without being monitored or traced. This black market was used specifically to sell drugs which made up 70% of its products, but also fake driver's licenses and also some legal items such as cigarettes, art and books. At its height of operation, it was reported that the Silk Road processed $15 million of transactions a year, and these transactions were mainly processed using digital currencies like Bitcoin to avoid credit card traceability.