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, fraudulent actors attempt to employ the same Bitcoin unit multiple times, potentially exploiting the system f

Double-spend attacks pose a grave threat to the integrity of the Bitcoin network. These attacks exploit the inherent risk of spending the same bitcoin twice, likely disrupting transactions and damaging trust in the system. Fortunately, Bitcoin's design incorporates several robust mechanisms to prevent this risk. The use of a decentralized blockchai