4 years and 5 months ago · listen stop
Bitcoin Cash double spends
Double spend is when a set of coins is spent in more than one transaction. This can happen for various reasons, but one of the reasons is fraud attempts.
Bitcoin Cash accepts 0-conf payments, which I consider insecure by default. But I would like to have some data to support this, so I went looking.
Since someone developed a website for detecting double spends on the Bitcoin Cash network, I decided to scrape it and get some numbers from it. The site in question is:
- Date of first transaction, 2018-02-13 11:34:44 +0000
- Date of last transaction, 2018-08-22 06:31:53 +0100
- Period, 189 days
- Number of attempts, 387
- Successful double spends, 109 (28%)
Feel free to clone the GitHub repo and use it at your own will.