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[2014-09-01] Creators of New Fed-Proof Bitcoin Marketplace Swear It’s Not for Dr
by
erono
on 01/09/2014, 04:25:57 UTC
http://www.wired.com/2014/08/openbazaar-not-for-drugs/

When the recording industry smashed Napster with a $20 billion lawsuit more than a decade ago, filesharing morphed into Bittorrent, a fully peer-to-peer system with no central server for law enforcement to attack. Now the developers behind one software project are trying to pull off a similar trick with the anarchic model of bitcoin e-commerce pioneered by the billion-dollar Silk Road black market. And just as with Bittorrent, their new system may be so decentralized that not even its creators can control exactly how it will be used.