Wednesday, March 23, 2011

Bitcoin - P2P payment system

Directed via a Slashdot article (http://news.slashdot.org/story/11/03/23/0210207/Google-Engineer-Releases-Open-Source-Bitcoin-Client) about a Google engineer who created a Bitcoin client I started to read up on the Bitcoin concept.

It is actually really cool. It cuts the banks out of the equation making money transfer for transaction less expensive, less traceable, and more in your control.

Check out the Main wiki page for the project (https://en.bitcoin.it/wiki/Main_Page). As well as the introduction page that has a great walk through of our current system and how Bitcoin is different (https://en.bitcoin.it/wiki/Introduction)