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About BIBIBI Daily Digest Privacy & Account Security

For information and learning only. Not investment advice. Crypto assets involve risk.

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Glossary

Terms4 shown

BTCThe abbreviation commonly used for Bitcoin when referring to it as a digital currency.
Central bank digital currencies (CBDCs)A digital currency issued by a government that represents the digital form of a country’s legal tender.
CryptocurrencyA digital currency protected by cryptography that can be used to transfer value or conduct transactions over digital networks.
Double-spending problemThe double-spending problem is the risk that the same digital currency may be copied or paid more than once, thereby undermining the credibility of the ledger.

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Definition

Double-spending problem

The double-spending problem is the risk that the same digital currency may be copied or paid more than once, thereby undermining the credibility of the ledger.

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