Letter #212: Double Spend Primer
Read now to learn how Bitcoin is the first and only successful digital money in history.
Dear Readers,
One of the true innovations of the Bitcoin blockchain is that it solved a problem that permeated digital spaces for decades: proving ownership of digital money while maintaining true decentralization. The ability to easily copy and paste digital content made it nearly impossible, before Bitcoin, to prevent the duplication of digital money through what’s known as a “double spend”.