What is the double-spending problem in blockchain?

What is the double-spending problem in blockchain?

a) When a miner solves two blocks at once
b) When the same digital currency is spent more than once
c) When a blockchain forks into two
d) When miners work together to solve a block

Answer:

b) When the same digital currency is spent more than once

Explanation:

The double-spending problem refers to the risk of a digital currency being spent more than once due to its electronic nature, which blockchain helps prevent through decentralized validation.

Reference:

Blockchain Quiz – MCQ Questions and Answers

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