Question: INVE3001 Portfolio Management c. Blockchain could help to avoid double spending in cryptocurrency. Based on the information below, User A is sending 5 BTC to

INVE3001 Portfolio Management c. Blockchain could help to avoid double spending

INVE3001 Portfolio Management c. Blockchain could help to avoid double spending in cryptocurrency. Based on the information below, User A is sending 5 BTC to Users B and C almost simultaneously. Who is guaranteed to receive the payment from A? What rule describes the confirmation process of the transaction? (3 Marks) Time of transaction 10:36 am on 10 Jan 2021 User B Subsequent blocks B2 B3 B1 B4 User A 10:38am on 10 Jan 2021 User C 01 c2 C4 C5 C6

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