Outlaw Market Prepares Scam-Deterring Revamp

Outlaw is one of the few darknet marketplaces that predated Alphabay—almost difficult to imagine. However, other than a small number of devoted users, the market sees fewer new customers than Alphabay or Dream, the other darknet marketplace veterans. Why this is the case, only few know. However, the administration outlined plans that may not only revolutionize Outlaw but also attract both more vendors and customers.

The first change, and possibly the most important, is one beneath the surface. One of the most powerful decision-making elements, as evidenced by every other post on any number of darknet discussion boards, is financial safety. Consumers want to know their money will not vanish in an exit scam. They want to know if a vendor is trustworthy.

In most cases, ratings help determine every decision a consumer makes. This works for finding the best product but also for finding the most reliable or trustworthy vendor. In this era, the classic escrow system is flawed. Bad customers can easily scam perfectly good vendors. And for newer, less established vendors, escrow may not always be the most viable marketplace sales platform.

This is why “we now use what we call TLCE, Time Locked Currency Escrow,” an Outlaw admin wrote in an email. “This system is combined with our already existing Vendor Market-Exit Insurance (VMEI) and a new Satisfaction Guarantee (SG).” The admin continued to explain that, “instead of using manual actions and decisions, payments to the vendor now rely on a system using statistical data to ensure objectivity and honestly as much as possible.”

Now, when an order is placed:

    1. Customers send the payment to the Outlaw ​mixer.
    2. After the vendor marks the order as “shipped,” the payment moves to the TLCE.
    3. Outlaw checks the vendor’s scam risk through the VMEI and VMEI settings.
    4. Average delivery times are checked as well, with respect to distance or location.
    5. Along with a handful of similar variables, these “parameters” dictate fund release.

“After this period, the currency-value of the order is released to the vendor, independent on an arrival confirmation of the customer,” the admin clarified. “If a vendor gets a lot of orders on one day, the smallest order will be paid out first, followed 6 hours later by the second smallest order and so on. Thus, if a vendor has 10 orders in a day, his first payout will be after the calculated period and his last one 2.5 days later.”

Outlaw Market Prepares Scam-Deterring Revamp Outlaw Market Prepares Scam-Deterring Revamp Reviewed by KAMAR CISA on April 26, 2017 Rating: 5
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