Double spending is a condition where the same value can be spent twice, revealing a flaw in the payment processing system.
One publication found under Double Spending
Understand the Double Spending problem
As implied by the name, a double spending problem happens when a transaction is processed twice while your account balance is only subtracted once.
This, of course, can only h...
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Double Spending
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Double spending is a condition where the same value can be spent twice, revealing a flaw in the payment processing system.
Irreversible Transactions
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Irreversible transactions are a characteristic of digital payment systems which offer trustless decentralization. The irreversibility is necessary in order to guarantee that no transaction will be undone once committed by the network.