Silk Road

What does Silk Road mean?

The Silk Road was a notorious dark web ecommerce site that offered up drugs, money laundering, and other illegal activities until it was shut down in October 2013.

It’s connected with cryptocurrencies because Bitcoin was a popular payment method on the Silk Road. Subsequent to the Silk Road being shut down, and its owner arrested, there have been several copycat sites, and experts claim it is impossible to ever be rid of Silk Road type sites because the software used to perate the site is open source and available to anyone.