What is double spending?

starbiter (OP)

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What is double spending?

January 09, 2014, 05:10:42 PM

I've seen articles about one of the mining pools double spending. Can someone explain what that means?

guybrushthreepwood

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⇾ Re: What is double spending?

January 09, 2014, 05:45:24 PM

Quote from: starbiter on January 09, 2014, 05:10:42 PM

I've seen articles about one of the mining pools double spending. Can someone explain what that means?

Well, I don't know if it's different in regards to mining pools but double spending it self explanatory: https://en.bitcoin.it/wiki/Double-spending

theym00s

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Re: What is double spending?

January 09, 2014, 06:08:12 PM

is it bad to do double spending?

guybrushthreepwood

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Re: What is double spending?

January 09, 2014, 06:23:15 PM

Quote from: theym00s on January 09, 2014, 06:08:12 PM

is it bad to do double spending?

Very very bad; the greatest of all Bitcoin sins.

CornedBeefHash

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Re: What is double spending?

January 09, 2014, 06:30:36 PM

Quote from: guybrushthreepwood on January 09, 2014, 06:23:15 PM

Quote from: theym00s on January 09, 2014, 06:08:12 PM

is it bad to do double spending?

Very very bad; the greatest of all Bitcoin sins.

Just wait to see how ghash.io handles it. It's only bad if your not the one doing it.

nerobie

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Re: What is double spending?

January 10, 2014, 08:09:44 AM

nobody can really explain what you wanna know dude

guybrushthreepwood

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Re: What is double spending?

January 10, 2014, 02:10:21 PM

Quote from: nerobie on January 10, 2014, 08:09:44 AM

nobody can really explain what you wanna know dude

What are you actually on about?

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