BSV Basics

2 years ago

SPV can not stop double spends? i.e if the customer and merchant both are offline but have the latest block headers, transaction and merkle proof.

link Tip tx translate

glauce tipped:

0.01 USD

2 years ago

glauce

2 years ago

The post I mentioned covers this too... with damn good answers! Here is that link again: https://powping.com/posts/e33f07e15093ffe920fd7ddabb3fcc14a61f7ef5d6633d863ccf804b7c57d518

link Tip tx translate

reldavs tipped:

0.01 USD

2 years ago

bsvsinger

2 years ago

merchant has to be online or transacation can not be valided.In some other usecase when transaction need continued service flow.bitcoin sv can be accepted offline.

link Tip tx translate

reldavs replied:

Merchant can validate the transaction (offline) but can not be sure that it's not a double spent. But maybe I'm missing something. What do you mean with continued service flow? payment channels (multi sig first on the blockchain?)

Tip tx translate

@reldavs is on PowPing!

BSV Basics