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Home Glossary D Double-Blind Marketplace

Double-Blind Marketplace

An online market where both buyer and seller have minimal identifying info about each other, often using Bitcoin-based escrow.
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A double-blind marketplace is like a cloak-and-dagger bazaar where only essential details (like what’s being bought or sold) are shared, not personal identities. Bitcoin-based escrows—especially multisig arrangements—allow funds to be held until both parties verify completion of the deal. Neither side learns more than necessary, protecting privacy.

In practice, these marketplaces may run over Tor to hide IP addresses and rely on dispute arbitration if something goes wrong. The ‘double-blind’ aspect reduces the risk of targeted scams or harassment, but it can also attract illicit use if not carefully moderated. Nonetheless, it demonstrates how Bitcoin’s pseudonymous nature can foster privacy-centric commerce.

Key takeaways
Protects buyer and seller identities in trades
Often uses multisig or LN escrows for trust minimization
Can be anonymity-friendly but poses regulatory challenges
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