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There is something i don't understand: At the point a transaction is made there is only one copy. Does that not mean at that point its vulnerable to fraud bef
by stevehiehn 10y ago
There is something i don't understand: At the point a transaction is made there is only one copy. Does that not mean at that point its vulnerable to fraud before more copies are made?
- pizza 10y agohttps://en.bitcoin.it/wiki/Double-spending#Finney_attack https://en.bitcoin.it/wiki/Double-spending#Finney_attack The key is to wait for confirmations
- stevehiehn 10y agoAh! i get it now. I just watched a kahn academy video. When a transaction occurs between valid users (with public keys) the transaction is broadcast to the entire network.