Double spending (双重支付 shuāngchóng zhīfù, or 双重花费 shuāngchóng huāfèi) refers to the situation that the same digital currency is spent (支付 zhīfù) twice at the same time by controlling the hash power of the network. It will cause a serious decline in the price of the cryptocurrency on the exchange.
- 双 (shuāng) as in double room (双人间 shuāng rénjiān) or even number (双数 shuāngshù).
- 重 (chóng) as in repeat (重复 chóngfù) or again (重新 chóngxīn).
- 支付 (zhīfù) as in public spending (公共支付 gōnggòng zhīfù) or accounts payable (应支付账款 yīngzhīfù zhàngkuǎn).
Double spending (双重支付 shuāngchóng zhīfù) word examples:
- Double spending attacks (双重支付攻击 shuāngchóng zhīfù gōngjī).