Published On: Thu, May 25th, 2017

Alphabay Dark Market to Accept Zcash in July

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Darknet marketplace “Alphabay” has announced that it will allow vendors to accept Zcash alongside Bitcoin and Monero.
Zcash is Coming to Alphabay
The announcement was posted on Reddit on May 25th, 2017.
It reads:
We decided to move forward and we will accept Zcash payments starting July 1st, 2017.
Alphabay is one of the most popular online “Dark marketplaces.” Previously, it only allowed their vendors to accept Bitcoin and Monero as payment.

The website is thought to be hosted in Russia, with links to the Russian Mafia.  Darknet underground markets come and go, but Alphabay has survived what is known as “the 6 month barrier,” a period of time during which such sites are usually taken down. The most famous of which was The Silk Road, but there have been many attempts since, which have all been subsequently shut down during their first 6 months of operation.
Alphabay has recognized that Bitcoin is going through scaling issues and encourages its users to begin looking into additional cryptocurrencies, something that suggests future announcements may follow.
ZCash ‘Rising Price’ Shows Growing Interest
The decision to add Zcash by Alphabay was …

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