27 Nov '12, 8pm

Bitcoin emerges from the shadows, but just how safe is it? | NSS Labs

Bitcoin emerges from the shadows, but just how safe is it? | NSS Labs

WordPress recently announced it would be joining the growing number of vendors accepting bitcoins. WordPress.com, which hosts 58 million blogs across the world, stated it will now accept payments for upgrades via bitcoin, the peer-to-peer digital currency so famous in the underworld. Some hotels and retailers have begun to accept bitcoins. Bitcoin has become versatile enough it can be used to purchase gold and silver. Some online software companies are accepting payments with bitcoins and offering up to 40% discount all products paid with the digital currency. Even some political parties accept Bitcoin. Reddit is considering accepting bitcoins as part of its subscription model. What is Bitcoin Bitcoin is an unregulated, stateless and increasingly global currency. It is an electronic currency that uses a cryptographic system to verify transactions. A bitcoin is an encrypted...

Full article: https://www.nsslabs.com/blog/bitcoin-emerges-shadows-just...

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