Author

Topic: Bitcoin Flashing (Read 143 times)

legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
August 29, 2022, 07:20:42 AM
#4
In trying to better myself in the crypto industry I came across this phrase "Bitcoin flashing software" and after reading through some publications about it I'm quite troubled.

I did 3 minute research and it's just another scam with gibberish text. They mix all kinds of terminology to make their software looks convincing.

Is there any way that exchanges would notice if a certain Bitcoin stored in their platform is a flash BTC? Any solution for victims who had bought same unknown to them?

Since the software itself is scam, the exchange never receive anything from whoever use that scam software.
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
August 29, 2022, 04:02:46 AM
#3
Is there any way that exchanges would notice if a certain Bitcoin stored in their platform is a flash BTC? Any solution for victims who had bought same unknown to them?

As pooya87 said, there is no such thing as flash bitcoin. Once bitcoins are transferred across the blockchain, it is permanent. You are probably referring to unconfirmed transactions that are double-spent with RBF.
legendary
Activity: 3472
Merit: 10611
August 28, 2022, 10:40:50 PM
#2
It sounds like someone invented a new term and reading the website descriptions on google it looks like they are scamming people with "fake bitcoin transactions".

Just know that there is no such thing as "flash bitcoin" and you can not send "fake bitcoin transactions" or coins you don't already own.
newbie
Activity: 4
Merit: 0
August 28, 2022, 06:37:08 PM
#1
In trying to better myself in the crypto industry I came across this phrase "Bitcoin flashing software" and after reading through some publications about it I'm quite troubled.

Is there any way that exchanges would notice if a certain Bitcoin stored in their platform is a flash BTC? Any solution for victims who had bought same unknown to them?
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