AdSense hosted account and normal account

There is only one difference between AdSense hosted account and AdSense normal account.

Adsense Hosted account: You can show Adsense ads using this account only on Youtube, BlogSpot, Hubpages (Sites which let you apply for Adsense and use ad codes on their domain)

Normal Account: You can use this account on any Sites/Domain owned by you.

:-) enjoy your adsense.