____ is spending a particular piece of electronic cash twice by submitting the same electronic currency to two different vendors.

Question

Quizplus · Accepted Answer

Double spending is the act of using the same electronic currency or digital token twice, which is considered fraudulent and illegal. It can lead to a loss of trust in the system and a decrease in the value of the currency. Frauds may be able to spend their electronic cash twice by submitting the same electronic currency to two different vendors, but this is called double spending, not fraudulent spending, double shopping or illegal shopping.

____ Is Spending a Particular Piece of Electronic Cash Twice