How Bitcoin Solved the Double-Spending Problem - Bitpinas

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A vulnerability in some bitcoin wallets leads to double spend attacks and inflated balance (current BTC/USD price is $9,222.54)

Latest Bitcoin News:
A vulnerability in some bitcoin wallets leads to double spend attacks and inflated balance
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
submitted by coinsaladcom to CoinSalad [link] [comments]

Popular Subreddit r/bitcoin Bans Questions About BTC Double Spend Security Breach

Popular Subreddit bitcoin Bans Questions About BTC Double Spend Security Breach submitted by afriendofsatoshi to btc [link] [comments]

Bitcoin had the 184 Billion BTC Bug in 2010 and a double-spend bug in 2018. Why should I still trust Bitcoin?

for reference:
184 Billion BTC Bug
double-spend bug
Pretty crazy how this stuff actually happened. Why aren't people freaking out?
submitted by ShrekAsAService to BitcoinBeginners [link] [comments]

Bitcoin crashed from ~$750 to ~$100 almost instantly following a bitcoin exchange claiming the protocol is flawed allowing double spending along with a huge 4,000 BTC sell.

People watching live were freaking out
Looks like the protocol issue has been known and the exchange is looking to blame not accounting for it on Bitcoin itself.
Calls for the guy who made the protocol statement removed from the bitcoin foundation met with commentors calling the foundation a joke
Tin foil hat time
All of /bitcoin is basically drama right now.
SINCE I KEEP GETTING PMS FROM NEW PEOPLE WHO CAN'T READ ON THIS THE PRICE CRASHED TO AROUND $100 AND THEN SHOT BACK UP TO $650. IT DID NOT JUST CRASH $100
submitted by 75000_Tokkul to SubredditDrama [link] [comments]

Bitcoin (BTC) On Demand, ATM Double Spending Scare - newsBTC

Bitcoin (BTC) On Demand, ATM Double Spending Scare - newsBTC submitted by ulros to fbitcoin [link] [comments]

Bitcoin (BTC) On Demand, ATM Double Spending Scare

Bitcoin (BTC) On Demand, ATM Double Spending Scare submitted by leftok to atbitcoin [link] [comments]

BTC double spending alert /r/Bitcoin

BTC double spending alert /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

BTC double spending alert /r/Bitcoin

BTC double spending alert /Bitcoin submitted by cryptoanalyticabot to cryptoall [link] [comments]

06-18 21:44 - 'I sold my BCH into a dip. This recent possibly hyped double spend of BCH and the whole shambles that took BTC down so far was caused by Bitcoiners wanting to hang onto their fake BTC. Look at this SV crap... If BCH was disowne...' by /u/adzamz removed from /r/Bitcoin within 150-160min

'''
I sold my BCH into a dip. This recent possibly hyped double spend of BCH and the whole shambles that took BTC down so far was caused by Bitcoiners wanting to hang onto their fake BTC. Look at this SV crap... If BCH was disowned and discarded burned from the start then we would be several hundred percents further along with our goal of not being rich but having a credible monetary alternative.
Isnt that the goal?
'''
Context Link
Go1dfish undelete link
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Author: adzamz
submitted by removalbot to removalbot [link] [comments]

Ethereum Classic (ETC) Outperforms Ethereum (ETH), Bitcoin (BTC) After Double Spend Attack

Ethereum Classic (ETC) Outperforms Ethereum (ETH), Bitcoin (BTC) After Double Spend Attack submitted by layuse to EthereumClassic [link] [comments]

The novelty of the Bitcoin protocol is how it solves the double spending problem for online commerce. Replace-by-fee (RBF) makes double spending new BTC transactions trivial, robbing Bitcoin of one of its most useful and innovative features.

Satoshi's novel innovation was how he solved double spending for online commerce in a decentralized manner. A basic premise of the Bitcoin protocol is that the longer your transaction sits in the network, the lower the probability that someone can double spend. This includes 0-conf transactions. RBF breaks this crucial premise entirely, as you can trivially include a higher fee, double spend transaction before the next block is found. This forces merchants to wait at least 10 minutes (if the BTC network doesn't have a clogged mempool, or your fee is high enough) in order to be fairly confident that the transaction is valid.
If you're unconvinced, please read what Satoshi himself had to say about accepting transactions within a 10 second time period.
submitted by Yurorangefr to btc [link] [comments]

@FrankW12461294 1. This is reality. 2. That ONLY allows them to double spend. The BTC (sham Bitcoin) model allows… https://t.co/Q34KeK4JH1 - Crypto Dynamic Info - Whales's

Posted at: January 21, 2019 at 06:16PM
By:
@FrankW12461294 1. This is reality. 2. That ONLY allows them to double spend. The BTC (sham Bitcoin) model allows… https://t.co/Q34KeK4JH1
Automate your Trading via Crypto Bot : http://bit.ly/2GynF9t
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submitted by cryptotradingbot to cryptobots [link] [comments]

Bigger blocks actually make the Bitcoin network more resistant to double-spending /r/btc

Bigger blocks actually make the Bitcoin network more resistant to double-spending /btc submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Sent BTC from Ledger, payee says he got a warning "May be at risk for a double spend" /r/Bitcoin

Sent BTC from Ledger, payee says he got a warning submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

The Double-Spend (What Bitcoins White Paper Solved Forever) (current BTC/USD price is $6491.11714713)

Latest Bitcoin News:
The Double-Spend (What Bitcoins White Paper Solved Forever)
Other Related Bitcoin Topics:
Bitcoin Price | Blockchain | ICOs
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
submitted by coinsaladcom to CoinSalad [link] [comments]

So new to btc. This morning bought coins off bittylicious. Confirmed transaction and bits in blockchain wallet but says may be at risk of double spending. Obviously I want more, initial transaction just to test what I was doing, safe to buy more from there? /r/Bitcoin

So new to btc. This morning bought coins off bittylicious. Confirmed transaction and bits in blockchain wallet but says may be at risk of double spending. Obviously I want more, initial transaction just to test what I was doing, safe to buy more from there? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

The novelty of the Bitcoin protocol is how it solves the double spending problem for online commerce. Replace-by-fee (RBF) makes double spending new BTC transactions trivial, robbing Bitcoin of one of its most useful and innovative features. /r/btc

The novelty of the Bitcoin protocol is how it solves the double spending problem for online commerce. Replace-by-fee (RBF) makes double spending new BTC transactions trivial, robbing Bitcoin of one of its most useful and innovative features. /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: Will a bug in Bitcoin’s software lead to double-spend exploits of Altcoins which use BTC’s public code? /r/finance

Bitcoin mentioned around Reddit: Will a bug in Bitcoin’s software lead to double-spend exploits of Altcoins which use BTC’s public code? /finance submitted by cryptoanalyticabot to cryptoall [link] [comments]

Bitcoin mentioned around Reddit: Will a bug in Bitcoin’s software lead to double-spend exploits of Altcoins which use BTC’s public code? /r/finance

Bitcoin mentioned around Reddit: Will a bug in Bitcoin’s software lead to double-spend exploits of Altcoins which use BTC’s public code? /finance submitted by SimilarAdvantage to BitcoinAll [link] [comments]

bitcoin.com mining pools still accepts, and mines, transactions with fees lower than minrelay fee, and makes 'reverse double spend' possible. /r/btc

bitcoin.com mining pools still accepts, and mines, transactions with fees lower than minrelay fee, and makes 'reverse double spend' possible. /btc submitted by cryptoallbot to cryptoall [link] [comments]

bitcoin.com mining pools still accepts, and mines, transactions with fees lower than minrelay fee, and makes 'reverse double spend' possible. /r/btc

bitcoin.com mining pools still accepts, and mines, transactions with fees lower than minrelay fee, and makes 'reverse double spend' possible. /btc submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin mentioned around Reddit: bitcoin.com mining pools still accepts, and mines, transactions with fees lower than minrelay fee, and makes 'reverse double spend' possible. /r/btc /r/cryptoall

Bitcoin mentioned around Reddit: bitcoin.com mining pools still accepts, and mines, transactions with fees lower than minrelay fee, and makes 'reverse double spend' possible. /btc /cryptoall submitted by SimilarAdvantage to BitcoinAll [link] [comments]

NEW! Bitcoin Double Spend Tool 2020 (Tutorial)! Does Bitcoin Solve The Double Spending Problem? How Bitcoin shields you from Double Spending!  Watch Now! Btc Legit Doubler Software  For win/mac Bitcoin Doubler Bitcoin Double Spend Tool (Tutorial)

The Problem of Double Spending: How did Bitcoin Solve it? The idea of digital money has been around for a long period of time now, and it did not originate 10 years ago when Bitcoin first emerged. However, all previous attempts to come up with a product that we now know as cryptocurrencies have failed for one simple reason — double spending. Amazon-owned streaming platform Twitch appears to be ramping up its crypto strategy. The site, which focuses primarily on video game livestreaming, is now offering users a 10% subscription discount when paying with cryptocurrency through the platform’s payment processor, BitPay.. BitPay’s chief marketing officer, Bill Zielke, told Cointelegraph that out of the thousands of merchants the In 2008, Bitcoin was introduced and it became the most widely used and accepted digital currency. The Bitcoin was a success due to the fact that it had solved problems which its predecessor could not solve. One of these issues was a double spending. Let’s see how Bitcoin has solved this problem. Double Spending This is what you call Double-Spending. Bitcoin’s Solution. Satoshi Nakamoto solved the problem in Double-Spending by introducing Bitcoin and the Blockchain (note that the bitcoin whitepaper did not include the word “blockchain”. Only “chain of blocks”). Bitcoin uses Proof-of-Work (PoW) mechanism for every recorded transaction. Double-spending problem is the successful use of the same funds twice. Double-spending of Bitcoin is not possible as Bitcoin is protected against a double-spending problem thanks to each transaction which is added to the blockchain being verified, and the majority of funds contained in this transaction cannot have been previously spent.. Double-spending is a potential flaw in a digital cash

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