Latest revision as of 14:13, 8 January 2020
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Message definition (VeriBlock and Proof-of-Proof FAQ )
VeriBlock prevents double-spend attacks. In a double-spend attack, an attacker sends tokens/coins to an exchange/merchant, the exchange accepts the deposit/the merchant delivers the goods, and then the attacker reorganizes the blockchain and removes that transaction from the network, stealing the funds.
VeriBlock prevents double-spend attacks. In a double-spend attack, an attacker sends tokens/coins to an exchange/merchant, the exchange accepts the deposit/the merchant delivers the goods, and then the attacker reorganizes the blockchain and removes that transaction from the network, stealing the funds.
Translation VeriBlock prevents double-spend attacks. In a double-spend attack, an attacker sends tokens/coins to an exchange/merchant, the exchange accepts the deposit/the merchant delivers the goods, and then the attacker reorganizes the blockchain and removes that transaction from the network, stealing the funds. VeriBlock prevents double-spend attacks. In a double-spend attack, an attacker sends tokens/coins to an exchange/merchant, the exchange accepts the deposit/the merchant delivers the goods, and then the attacker reorganizes the blockchain and removes that transaction from the network, stealing the funds.