Bitcoin Forum

Economy => Service Discussion => Topic started by: alani123 on June 16, 2014, 12:13:26 PM



Title: Someone just found a way to "double-spend" in paypal.
Post by: alani123 on June 16, 2014, 12:13:26 PM
This is why the protection against double spending bitcoin provides is something really important. Check out the articles below for more.

Detailed aticle from sophos:
http://nakedsecurity.sophos.com/2014/06/16/how-to-double-your-money-on-paypal-and-why-you-should-not-try-it/

The hacker's article:
https://cybersmartdefence.com/docs/Paypal-Safely-Double-your-Money.csd

And his website:
http://www.slacker.ro/


Title: Re: Someone just found a way to "double-spend" in paypal.
Post by: 🏰 TradeFortress 🏰 on June 16, 2014, 12:20:53 PM
This has been completely obvious to anyone with half a brain, and is an unavoidable side effect of reversibility (eg consumer protection) while giving merchants immediate access to their funds.