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authorAdam Soltys <[email protected]>2012-12-02 16:15:38 -0800
committerAdam Soltys <[email protected]>2012-12-02 16:15:38 -0800
commit98dbe53b498ebd044dfc7cf7a28d08e419fc1bec (patch)
tree429d0b23a477dda2de499e4053bc221a596741df /views/about.html
parenta189adff41fbc3a95ba8da982a757bd4649a60f6 (diff)
downloadcoinos-server-98dbe53b498ebd044dfc7cf7a28d08e419fc1bec.tar.gz
coinos-server-98dbe53b498ebd044dfc7cf7a28d08e419fc1bec.zip
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<p>
Transactions between bitcoin addresses are
recorded in a public file and <a href="http://blockchain.info/unconfirmed-transactions">published on
- the Internet</a>. This file called the block chain keeps track of what amounts are
+ the Internet</a>. This file is called the block chain and it keeps track of what amounts are
stored at what addresses.
</p>
About every 10 minutes, 50 new bitcoins are
- generated by a mathematical algorithm and distributed to people who
+ generated and distributed proportionally to people that
contribute computing power to the network. The
- <a href="http://bitcoin.org">software to participate in the network</a> is free and open source so anyone can run it on their computer.
+ <a href="http://bitcoin.org">software to participate</a> is free and open source so anyone can run it on their computer.
</p>
<p>
- Over time, fewer and fewer
+ The software has been designed so that over time, fewer and fewer
bitcoins will be created until there are a total of
21 million of them in circulation by the year 2040. Each bitcoin
is divisible up to 8 decimal places, making
@@ -73,7 +73,7 @@
<div class="span6">
<h1>Where can I get some?</h1>
<p>
- Contact one of our trusted in-person <a href="/exchangers">exchangers</a>.
+ Contact one of our trusted <a href="/exchangers">exchangers</a>.
</p>
<p>
@@ -84,7 +84,7 @@
</p>
<p>
- You can also use sites like <a href="http://localbitcoins.com/">Local Bitcoins</a>, <a href="http://bitcoinary.com/">Bitcoinary</a>, and <a href="http://bitcoin-otc.com/">Bitcoin OTC</a> to find people to trade with directly if you want to take your chances with strangers.
+ You can also use sites like <a href="http://localbitcoins.com/">Local Bitcoins</a>, <a href="http://bitcoinary.com/">Bitcoinary</a>, and <a href="http://bitcoin-otc.com/">Bitcoin OTC</a> to find people to trade with over the Internet if you want to take your chances with strangers.
</p>
</div>
@@ -128,9 +128,8 @@
their best interest to avoid the transaction fees
charged by the credit card companies. Transaction
fees end up getting built into the prices we pay for
- goods and services across the board so we're
- indirectly subsidizing the big banks and credit card
- companies whether or not we personally use their services.
+ goods and services across the board so we're all
+ indirectly subsidizing the big banks and credit card companies.
</p>
</div>