News 
A Fraud Risk Management Framework For The Bitcoin Ecosystem
□ Dec 14 2020 □
Published
at Bitcoin Magazine
under tags
alternative history attack
finney attack
merchants
privacy & security
race attack
With the growth of Bitcoin’s popularity, more businesses are starting to accept it as a mode of payment. As with any financial asset, increased acceptance is coupled with a rise in fraud attacks. Although Bitcoin was designed so that transactions are publicly verified, the Bitcoin ecosystem will always witness attempts at double spending as a primary way of committing fraud on the network....