Browsing Concept: Irreversible Transactions

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.

One publication found under Irreversible Transactions
Understand the Double Spending problem
As the name implies, the double spending problem consists in executing a transaction twice while subtracting just once from your account balance. This, of course, can only hap...