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Author Topic: How safe are 0-conf transactions?  (Read 106 times)
Abiky (OP)
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January 23, 2019, 11:22:10 PM
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Both BCH and BSV proponents have been researching the possibility of implementing safe and secure zero-confirmation transactions within their blockchain networks. If successful, this could be a greater alternative than Dash's Instant Transactions with Masternodes. However, it's only a matter of question whenever 0-conf transactions are safe or not for the real world.

AFAIK, enabling 0-conf transactions would allow the attacker to easily perform a double spend. I'm not exactly sure what would be the mechanism to prevent a double spend from occurring, since I’ve always known that the more confirmations a transaction has on the network, the better as the chances of double spending declines.

What are your thoughts about this? Huh

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