How would an admin make money off a decentralized market?

[procashout]

I hear a lot of hype about decentralized markets. On paper, this could all be done, there are no technical hurdles stopping us from making a decentralized market that anyone can run off their computer. The only thing that would need to be handled would be the issue of anonymity, but that could probably be circumvented using something like whonix or tails (now how many users would want to use that is a whole other story).

What confuses me is why an admin, someone with years of technical experience, would want to make this project. It would have to be a HUGE endeavor, just as it is to make a good market in its current form. Between the bugs, the moderation, the scamming, it becomes a pretty tedious thing to keep running. Even if you put moderation in the hands of the most senior users, that just means that you can let these senior users get away with scammy behavior or allow their cronies to get away with scams.

If there is no way for the admin to take a cut of transaction, then why even put the effort into creating (and maintaining) such an complicated service?

I want to add that this isn't something that can likely be community driven. It takes a lot of knowledgeably about cybersecurity to keep markets online. Plus, you need to make sure that these are trusted people who are performing routine maintenance and making upgrades to these site. This isn't something for your average CS major.

How, then, are the people who will be building and maintaining these sites making enough money to justify the amount of work that goes into a decentralized marketplace?

Edit: Admin refers to the person or group who made the site and are actively maintaining it

 

[NBAYoungCarder]

He explains this well on his post about his vision. He's like the Elon Musk of the deepweb.

 

[alligatorman17]

He explains this well on his post about his vision. He's like the Elon Musk of the deepweb.

lmao. indeed he has the spirit .

 

[NBAYoungCarder]

lmao. indeed he has the spirit .

Thanks, do you know when he posted it? He's got 1703 posts haha

 

[procashout]

2 words. smart contracts.

 

[alligatorman17]

2 words. smart contracts.

What are smart contracts? I'm very new to this space haha

 

[NBAYoungCarder]

What are smart contracts? I'm very new to this space haha

on a search engine search for strings such as
smart contracts explained
what are smart contracts
that should be enough to get your search going. good luck on your search .

 

[alligatorman17]

Decentralization can take 2 very different aspects at this level:
1 - auto-market regulation ( disputes + support tickets ) through trusted peers, which is what we are ultimately aiming at on Black Pyramid Market ( stay tuned ! )


2 - mostly likely never happening: storing each part of your server configuration and datas on multiple peers devices. Just like any de-centralized networks protocol would work.
Server clouding could also be seen as a decentralize option for a market but is highly unsafe when it comes to dark-net related activities.
Now to answer the original question: de-centralization and profit making are not incompatible and will never be.
The way a market makes profit strictly rely on fees implementation and bond sales.