Authors:
Rugved Gramopadhye, Aashna Desai, Jashkumar Shah, Sanjay Rizal, Tina Nenshi Gada, Debabrata Das
Addresses:
Department of Information Technology, The University of Texas at Dallas, Texas, United States of America. Department of Information Technology, Pace University, New York, United States of America. Department of Information Technology, Illinois Institute of Technology, Chicago, Illinois, United States of America. Department of Commerce, Sarupathar College, Golaghat, Assam, India. Department of Human Computer Interaction, State University of New York at Oswego, New York, United States of America. Department of Information Technology, The University of Texas at Austin, Texas, United States of America.
Abstract:
This paper provides a comparative study of dark web crypto networks, focusing on their economic aspects. This study is observing how the operational models of mainstream cryptocurrencies, such as Bitcoin and Monero, function in dark web illicit markets. Researchers are contrasting the structural and transactional gap of such cryptocurrencies, making them differently adopted and operational for criminal purposes. Among its primary objectives is to quantify the economic impact of said networks by comparing transaction volumes, price volatility, and the market capitalization of cryptocurrencies traded on the dark web. The dataset was artificially created to emulate the nature of transactions and economic values observed on dark websites. Statistical analysis was conducted using a range of software, including network programs for visualizing transactional flows, statistical packages, and economic modelling tools. The results indicate a heightened, intensive financial footprint of dark web cryptocurrency networks, underscoring the challenges they pose to international financial regulation and law enforcement. The paper concludes with an evaluation of how these networks will develop in the future and how they will become part of the growing role in the international legal economy over the next few years.
Keywords: Dark Web; Mainstream Cryptocurrency; Bitcoin and Monero; Economic Impact; Financial Transaction; Crypto Networks; Decentralization and Anonymity; Cryptocurrency Market.
Received: 14/10/2024, Revised: 29/11/2024, Accepted: 18/02/2025, Published: 07/12/2025
DOI: 10.64091/ATICL.2025.000233
AVE Trends in Intelligent Computer Letters, 2025 Vol. 1 No. 4 , Pages: 188-197