Hi i just found some posted here in other thread and section about double spend but honestly i do not know what it is.
But i have idea that double spend means that you double your send bitcoin but i do not understand someone that why they need to wait for confirmation before accepting and the other said that they want to wait because of double spending..
So if the receiver receive double spending i think it is lucky that he receive double? am i right?
Sorry for noob question.. even i am sr.member i never experience double spending in my life..
But i have idea that double spend means that you double your send bitcoin but i do not understand someone that why they need to wait for confirmation before accepting and the other said that they want to wait because of double spending..
So if the receiver receive double spending i think it is lucky that he receive double? am i right?
Sorry for noob question.. even i am sr.member i never experience double spending in my life..
Technically a Double spend is Counterfeiting .
The coins you receive are not Valid , and you are unable to redeem them.
Double Spend will destroy any trust in a Crypto almost overnight.
