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/biz/ - Business & Finance

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[ERROR] No.29360928 [Reply] [Original]

All references I could find came to the conclusion "we dont know what it was so let's not call it a double spend"

>> No.29361047
File: 105 KB, 599x515, BTC Double Spend - 01-21-2021.png [View same] [iqdb] [saucenao] [google]
29361047

>>29360928
"There was a stale Bitcoin block today, at height 666,833. SlushPool has beaten F2Pool in a race.It appears as if a small double spend of around 0.00062063 BTC ($21) was detected"
>https://twitter.com/BitMEXResearch/status/1351855414103715842

>> No.29361071
File: 22 KB, 461x278, responding-to-antonopoulos-on-the-btc-double-spend-analysis-2.png [View same] [iqdb] [saucenao] [google]
29361071

yep

>> No.29361101
File: 79 KB, 1343x757, Fork Monitor BTC Double Spend.png [View same] [iqdb] [saucenao] [google]
29361101

>>29360928
>>29361047
Moar sauce:
>https://forkmonitor.info/stale/btc/666833

>> No.29361211

if you dont wait for 2 confirmations its your fault

>> No.29361313

>>29361071
Why wasn't this a bigger story at the time? Can't even recall any breads on /biz/ from it that day
>seems like a big deal

>> No.29361345

>>29361211
This

>> No.29361433

>>29361313
there was a few. If you know you know at this stage, most smart people don't engage with sybils

>> No.29362631

>>29361433
can you define engage?

>> No.29362737

>>29361047
What does this mean? I’m retarded, explain what “double spending” means

>> No.29363063

>>29362737
It means BTC no longer has a hard cap on supply. Someone sent the same coins to two different addresses and both transactions were considered valid.

>> No.29363130

>>29362631
make threads, argue against people who constantly spew shit arguments

>> No.29363214

It wasn't a fucking double spend you retards.
The code worked just as intended.

The dude wo got payed 2 times just did because the exchange had a 1 block confirmation time which is retarded af.

>> No.29363330

>>29363063
retard no it doesnt. this is why we wait for 2 confirmations. 1 confirmation blocks are not truly valid until one gets built on.
literally nothing changed, it's just fud to scare normies.