Double-Spend

Revision as of 12:53, 26 April 2022 by Define (talk | contribs) (Created page with "When someone tries to send a transaction, but ends up sending it twice since they did not wait for the first one to be confirmed on-chain; this is often done by those with malicious intent and can lead to losing all of your funds if you fall victim. == Sources: == https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary Category:Glossary")
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When someone tries to send a transaction, but ends up sending it twice since they did not wait for the first one to be confirmed on-chain; this is often done by those with malicious intent and can lead to losing all of your funds if you fall victim.

Sources:

https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary