The Bank Of Canada Reveal The Truth About Double Spend Attacks

The Bank Of Canada Reveal The Truth About Double Spend Attacks
ôîòî ïîêàçàíî ñ : cryptodaily.co.uk

2018-7-24 06:00

2018 seems to have been coined the year of the double spend attack. Attacks have occured left, right and centre and frankly, the threat of the double spend attack doesn’t seem to have let up just yet.

If you’re not au fait with how double spend attacks work, here’s a quick description by Jimi S on Medium.

“Let’s say I spend 10 Bitcoin on a luxurious car. The car gets delivered a few days later, and my Bitcoins are transferred from me to the car company.

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