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Vulnerable to double spends.



How can you claim that this is vulnerable to double spends when we haven’t even finished defining the system?

Double spending is a symptom of a broken system. Let us at least figure out the system first so we can determine if it is broken.

Of course double spending is a concern that will need to be navigated in a system like this. Check out some of other discussions in this thread about where that leads - a centralized authoritative body responsible for issuing and “transferring” these wallets.


Payment by simple QR codes is inherently vulnerable to double spends. Because QR codes can be copied.

If you give the same QR code to two people in the same taxi, literally nothing in the system can ever distinguish between them.




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