How Governments Push Forward The Security Of Cryptomarkets

The first popular cryptomarket (Silk Road) was of course unique, but relatively simple - a single server with no decentralization, no multi-sig or anonymous cryptocurrency support. The goal of the presentation is to show that government financial dictatorship leads to significant improvement of cryptomarket security. Police and government agency raids were the main reason all cryptomarkets had to improve their overall security to survive and keep their business running.

A new generation of cryptomarket uses multi-sig to prevent governments from seizing it's users deposits by utilizing integrated webmail PGP clients, I2P anonymization networks in addition to ""the government well-known"" Tor. They are fully decentralized (e.g. Axis Mundi, Bitmarkets, Shadow Markets), and therefore practically impossible to shut down by government agencies.

The new anonymous, untraceable cryptocurrencies (e,g, monero, zcash) are ready for cryptomarket adoption with no possibility of revealing transaction history. The weakest point - cryptocurrency exchanges that governments can regulate and shut down can be reinforced by the use of decentralized crypto exchanges (e.g. bitsquare).