What Is the Role of Network Latency in Preventing Double-Spending?
Network latency plays a crucial role in preventing double-spending. When a transaction is broadcast to the network, it takes time for it to propagate to all the nodes.
This delay can create opportunities for double-spending attacks, such as a race attack. However, the network's consensus mechanism, such as Proof of Work, is designed to resolve conflicts and ensure that only one version of the transaction history is accepted.
A well-connected network with low latency can help to mitigate the risk of double-spending by ensuring that all nodes have a consistent view of the blockchain.