Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: Tanimariya on March 19, 2021, 11:26:49 AM
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It’s not a “true” double-spend, but does it matter if funds can still be duplicated and traded on an exchange?
The very problem Bitcoin’s proof-of-work design was meant to stop just took place on the Filecoin (FIL) network – well, sort of.
According to Filecoin miners at Filfox and FileStar, Binance processed a “double deposit” of FIL on Wednesday worth millions of dollars. This is not a true, on-chain double spend, but Binance credited the miners’ filecoin account twice after one deposit due to a “serious bug” in Filecoin’s remote procedure call (RPC) code.
More
(https://www.coindesk.com/filecoin-double-deposit-on-binance-exploit-open-other-exchanges)