PROTECTING BITCOIN DOUBLE-SPEND ATTACKS: A COMPREHENSIVE GUIDE

Bitcoin, the pioneering copyright, relies on a decentralized network to validate and record transactions. This open and transparent nature, while a strength, presents a vulnerability known as the double-spend attack. In this type of attack, untrustworthy actors attempt to spend the same Bitcoin unit multiple times, potentially manipulating the syst

The core of Bitcoin's strength lies in its decentralized nature. However, this very design can be manipulated to create a problem known as double spending. Double spending occurs when a identical Bitcoin is transacted multiple times, {potentially significant financial loss. To grasp this weakness, it's crucial to delve into the mechanics of Bitcoin