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Preeti Tripathi

Job Interview Skills
English
2 years ago

36. What is double spending, exactly? In a blockchain system, is it possible to double spend?

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Abhishek Mishra

2 years ago

Simultaneously, the user sends the copied version of 1 BTC to Merchant B. Since the second transaction was not confirmed by other miners, the merchant accepts the bitcoin and sends the service. But the cryptocurrency that was sent is invalid. This is the case of Double Spending.

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