3min chapter

Swan Signal Live - A Bitcoin Show cover image

Lyn Alden and Vijay Boyapati - E54

Swan Signal Live - A Bitcoin Show

CHAPTER

Is There a Greater Risk of Double Spending Attacks on Bitcoin?

The cost of double spending is quite high and it's fought with risk even if you have 51% of the hash power you're not guaranteed to succeed in mining every single block. A recent study showed that in periods where there was hash power concentration in a few pools there was no double spend attacks. Nation states often act in economically irrational ways to further their political ends, says John Defterios.

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