myLot should support Bitcoin
By userbacsi
@userbacsi (57)
Hungary
April 19, 2013 9:47pm CST
Bitcoin is a digital currency, invented by Satoshi Nakamoto in 2008. It is a P2P, electronic payments system. Bitcoin creation and transfer is based on an open source encryption protocol and is not managed by any central authority. It is fully decentralized. The creation of new bitcoins is automated and may be accomplished by servers, called bitcoin miners that run on an internet-based network and confirm bitcoin transactions by adding codes to a decentralized log, which is updated and archived periodically. Bitcoin is accepted in trade by various merchants and individuals in many parts of the world.
It would be awesome if myLot support Bitcoin. :)
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