Ashish Jaiswal 32 Questions 69 Answers 1 Best Answers 795 Points View Profile 0 Ashish Jaiswal BlockchainProfessional Asked: January 27, 2019 What is Double Spending in Blockchain? 0 Rate this post Let’s share what is Double Spending in Blockchain. ShareTweetShare0 Shares double spending Share Facebook 1 Answer Voted Oldest Recent Ashish Jaiswal 32 Questions 69 Answers 1 Best Answers 795 Points View Profile Ashish Jaiswal BlockchainProfessional Added an answer on January 27, 2019 at 11:30 am Double spending happens when one digital token is spent multiple times. This is obviously a situation that has to be avoided and generally arises because the token is made up of a digital file that can be cloned easily. Not only does double spending lead to inflation, but also to huge losses for organizations. One of the main aims behind blockchain technology is to eliminate double spending. 0 Login to Reply Share Share Share on Facebook Share on Twitter Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer.