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Reverse Transactions – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Fri, 20 Dec 2019 01:00:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Reverse Transactions – DIGIT INFO https://www.digit.info 32 32 Travelbybit to Drop Bitcoin Payments After Viral Double Spend Video https://www.digit.info/travelbybit-to-drop-bitcoin-payments-after-viral-double-spend-video/ Fri, 20 Dec 2019 01:00:58 +0000 https://www.digit.info/2019/12/20/travelbybit-to-drop-bitcoin-payments-after-viral-double-spend-video/ Read more]]>

Travelbybit to Drop Bitcoin Payments After Viral Double Spend VideoOn December 18, Bitcoinbch.com published a video explaining how easy it is to double spend BTC transactions in the wild. Not long after the film was released, the payment processor Travelbybit announced it would be removing both BTC and BCH payments for over 400 Australian merchants. Unfortunately, a few BTC proponents claimed BCH has the […]

The post Travelbybit to Drop Bitcoin Payments After Viral Double Spend Video appeared first on Bitcoin News.

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]]> Video Shows How Easy It Is to Double Spend BTC Using RBF https://www.digit.info/video-shows-how-easy-it-is-to-double-spend-btc-using-rbf/ Wed, 18 Dec 2019 19:45:29 +0000 https://www.digit.info/2019/12/18/video-shows-how-easy-it-is-to-double-spend-btc-using-rbf/ Read more]]>

Video Shows How Easy It Is to Double Spend BTC Transactions Using RBFOn December 18, the web portal Bitcoinbch.com published an informal notice explaining that merchants accepting BTC should switch to BCH because of “dangerous flaws” found in the BTC software. The problem is tied to slow confirmation times tethered to a BTC-based protocol called Replace-by-Fee (RBF), which gives individuals the opportunity to double spend on merchants. […]

The post Video Shows How Easy It Is to Double Spend BTC Using RBF appeared first on Bitcoin News.

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