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double spending

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What is Bitcoin Double Spending and How Does It Work?

Double-Spending Explained Double-Spending within Bitcoin is when the same BTCs (digital money files) are used more than once. For instance, if you buy an item for $1, you cannot spend that same $1 to buy a different item. If this were to happen, money would have no value since everyone would have unlimited amounts and [...]

Anca FlorentisDec 10, 20185 min read
What is Bitcoin Double Spending and How Does It Work?