Evolution (marketplace)

From WikiMD's Wellness Encyclopedia

Evolution vendor category relationships.png

Evolution (marketplace)

Evolution is an online darknet market that operates on the Tor network. It is known for facilitating the sale of illegal goods and services, including narcotics, firearms, and stolen data. Evolution gained notoriety for its user-friendly interface and robust security features, which attracted a large user base.

History[edit | edit source]

Evolution was launched in early 2014, following the shutdown of several prominent darknet markets such as Silk Road. The marketplace quickly grew in popularity due to its advanced features and the trust it garnered from users. Unlike its predecessors, Evolution implemented an escrow system to protect buyers and sellers from fraud.

Features[edit | edit source]

Evolution offered several features that set it apart from other darknet markets:

  • **Escrow System**: This system held funds in escrow until both parties confirmed the transaction, reducing the risk of scams.
  • **Multi-Signature Transactions**: Evolution supported multi-signature transactions, adding an extra layer of security.
  • **User-Friendly Interface**: The marketplace was designed to be easy to navigate, even for users who were not tech-savvy.
  • **Vendor Ratings**: Users could rate vendors based on their experiences, helping others make informed decisions.

Shutdown[edit | edit source]

In March 2015, Evolution abruptly shut down, leaving many users unable to access their funds. It was later revealed that the administrators had performed an exit scam, absconding with millions of dollars in Bitcoin. The sudden closure of Evolution led to widespread distrust in darknet markets and highlighted the risks associated with using such platforms.

Impact[edit | edit source]

The shutdown of Evolution had a significant impact on the darknet market ecosystem. It led to increased scrutiny of other marketplaces and prompted users to be more cautious. The event also spurred the development of more secure and transparent platforms, as developers sought to restore trust in the darknet market community.

See Also[edit | edit source]

Template:Darknet market

Contributors: Prab R. Tumpati, MD