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Is it possible to double spend in a blockchain system?



Is it possible to double spend in a blockchain system?..

Answer / Brij Bhushan

Double spending, or spending the same cryptocurrency more than once, is difficult but not impossible on a blockchain. It can occur if a transaction has not been confirmed by enough nodes within the network. However, once a transaction has been added to multiple blocks and multiple confirmations have occurred, it becomes increasingly difficult to double spend.

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