Double Spend

Return to Glossary

Double Spend is a scenario, in the Bitcoin network, where someone tries to send a bitcoin transaction to two different recipients at the same time. However, once a bitcoin transaction is confirmed, it makes it nearly impossible to double spend it. The more confirmations that a particular transaction has, the harder it becomes to double spend the bitcoins.

Source: https://hackernoon.com/blockchain-dictionary-f4d098c9ef89