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Author Topic: 2012-11-16 - Wordpress to accept Bitcoin without confirmations  (Read 713 times)
julz (OP)
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November 16, 2012, 04:18:40 AM

Wordpress to accept Bitcoin without confirmations
Blog platform says there's low risk in unapproved transactions

Simon Sharwood

Automattic, the company behind blogging platform ,has decided it will accept payment for some services through Bitcoin, the controversial open source currency.

Intriguingly, the company will offer Bitcoin payments without waiting for 'confirmations', a method Bitcoin uses to verify transactions that relies on other participants in the Bitcoin network recording the transaction and passing news of it to other participants.

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