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Set up a binance account	Why is the double spend problem even a problem? We respect your privacy. Because to be able to double spend that coin, the sender has to go back and reverse all transactions in the 6 blocks that have been added after their transaction, which is computationally impossible. I used the Mycelium Android wallet for this sweep attempt and have actually used the Mycelium wallet for this same purpose dozens of times in the past without any problems. Exchanges Comparisons:. I already bought before and I had to problem.
Bitcoin double	603
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Bitcoin 51% Attack EXPLAINED in 3 minutes
It even speculates about a price jump to as high as $73, That would imply an increase of close to $1 trillion in the market cap of Bitcoin. �Double-spending� means that the same units of a currency could be spent twice � Double-spending would destroy the trust in a cryptocurrency � Cryptocurrencies. This study analyzes and evaluates double-spend attacks on Bitcoin, with a specific focus on threats related to zero confirmations and instant.