Spending Attacks On Fast Payments In Bitcoin

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16 Oct 2012.

We show that, unless appropriate detection techniques are integrated in the current Bitcoin implementation, double-spending attacks on fast.

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Unfortunately, it takes 10 minutes on average [3] to confirm that a Bitcoin transaction is not a double-spending attack, in which the attacker spends the same.

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Bitcoin 51% Attack - Clearly ExplainedWe show that, unless appropriate detection techniques are integrated in the current Bitcoin implementation, doublespending attacks on fast payments succeed.

22 Dec 2016.

spending attacks in fast transactions. 1 Introduction. First introduced in 2009, Bitcoin [21] is an emerging. digital currency that has, as of.

Unfortunately, these fast pay scenarios are vulnerable to fraudulent double- spending of Bitcoins. To protect consumers from having to cover the costs of these.

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An ex- ample case of the growing use of Bitcoin was recently reported in the media; here, Bitcoins were used as a form of fast payment in a local fast-food.

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