13 Sep '13, 10am

Top 10 Sites That Accept Bitcoin

Top 10 Sites That Accept Bitcoin

Bitcoin, unlike other currencies, does not use a central issuer such as a bank or a government, but relies on a peer-to peer computer network for recording and exchanging actions. A transaction for a Bitcoin is secured by servers called Bitcoin miners. These servers communicate over the Internet confirming transactions and adding them to a ledger, which is periodically updated. Bitcoins are accepted by merchants and individuals in many parts of the world and traded much like that of other currencies. A user can have one or several Bitcoin addresses where Bitcoins are received or sent through web-sites or downloaded into a ‘wallet’. In 2008 a paper first describing the use of Bitcoins was published by Satoshi Nakamoto and the project was launched a year later. It has gone from strength to strength since then, gaining in momentum and now they are traded on many websites. Bel...

Full article: http://www.top-site-list.com/topsites/top-ten-sites-that-...

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