Can someone explain why the spots daemon has an open TCP connection to coinchoose?

~# host data.coinchoose.com
data.coinchoose.com has address 162.243.78.234

:~# netstat -apn | grep 162.243.78.234
tcp        0      0 0.0.0.0:58743      162.243.78.234:4588     ESTABLISHED 2308/spotsd