Double Spending

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The Risks of the Bitcoin Security Budget: Halving, Double Spending, Fee Sniping

7 Jan 2024 4 minute read 4 comments ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ

The term "Security Budget" refers to the budget used to pay the miners (and thus sustain the network) and the security of the same. If there are no more incentives to mine, the Bitcoin network could collapse. As the Security Budget decreases, the net...

The Risks of the Bitcoin Security Budget: Halving, Double Spending, Fee Sniping

Bitcoin SV Hit By 51% Attack: Double Spending?

7 Aug 2021 1 minute read 4 comments ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ

The Bitcoin SV (Satoshi Version) network created by one of the most talked about characters in the crypto ecosystem, Craig Wright, suffered a powerful 51% attack. These types of attacks are not new, as the Ethereum Classic blockchain had also suffere...