Brewology

I've just started diving into cryptocurrency and came across the term "double spending." Can someone explain what it means and why it's a concern?

Double spending is a potential issue in digital currency systems where the same single digital token can be spent more than once. This is a critical concern because it could undermine the integrity of the currency system. Cryptocurrencies like Bitcoin address this problem through the use of blockchain and consensus mechanisms among nodes. For a more detailed breakdown of how double spending is prevented, you might want to read this article: https://paybis.com/blog/glossary/what-i ... -spending/ It clearly explains the concept and the solutions implemented to prevent it.