Tag: Zero Confirmations

What Are Bitcoin Transactions With Zero Confirmations?

An interesting topic was raised on Reddit a while ago about whether or not Bitcoin transactions with zero confirmations should be accepted or not. Most Bitcoin payment processors will protect users against any double-spend attack that might occur, and process payments as soon as the transaction is unconfirmed on the network. But what about those people not relying on payment processors? Also read: How Does The Fold App Work? Bitcoin …
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