Skip to main content

Can a Successful Collision Attack Be Used to Facilitate a Financial Double-Spending Scenario?

Yes, in certain contexts. If an attacker can find two different transactions, T1 and T2, that result in the same transaction hash H(T1) = H(T2), they could attempt a double-spend.

The attacker could broadcast T1 to one part of the network and T2 to another. If the receiving party accepts the transaction based only on the hash, and the transactions have different destinations, the attacker may succeed in spending the same funds twice before the conflict is resolved by the blockchain consensus.

What Is a Hash Collision and Is It a Threat to Blockchain Security?
What Is a “Hash Collision” and Why Is It a Critical Concern for Blockchain Security?
What Is ‘Collision Resistance’ in the Context of a Cryptographic Hash Function?
What Is a “Double-Spend” in the Context of a 51% Attack?