Bitcoin Exploit. Double Spend Attack! Who Is At Risk?? BTC Volatility Index. Waves & Enigma Web 3.0

8,250 Views · Posted 5 years ago

Bitcoin ATM’s have recently been targeted in Canada, and thieves made away with $200,000 in cash because of a double spend exploit. The Bitcoin core code has a replace by fee tool which allows a double spend to happen, to help with stuck transactions. The attacker’s used this tool to target ATMs with zero confirmations, making away hand over fist with cash from over 55 ATMs. Who implemented this tool into the the Bitcoin core code and was this done on purpose to make Bitcoin unusable as for payments. Waves cryptocurrency has recently refocused their mission to capitalize on Web 3.0. They are building out the tools to accomplish this goal for the mass population and enterprise. They also updated their roadmap showing when at what would be implemented. Enigma crypto has it’s Discovery testnet launching this month, and this will be the first time privacy will be allowed within the Ethereum ecosystem. What will be included with the Enigma Discovery mainnet? Tune in to find out!
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⏰ Time Stamps ⏰
00:08 Introduction
00:53 Bitcoin Thief Trying To Get Bitcoins Out of An ATM
01:19 Bitcoin ATM Fraud Bitcoin Double Spend Attack
01:40 How This Happened? Zero Confirmations & Replace By Fee Tool
02:30 Replace By Fee Tool Highly Criticized When Implemented 3 Years Ago
02:55 Did Blockstream Implement This To Make Bitcoin Unusable As A Payment Solution Paving The Way For The Lightning Network?
03:19 Bitcoin Volatility Index May Signal Accumulation Zone
04:10 Waves & Web 3.0
05:58 Waves Is Building Web 3.0 Applications For Mass Adoption
06:32 Waves New Website & Roadmap
07:42 Enigma Discover Testnet Is Coming This Month & The Features Included
08:58 Conclusion

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