Undoing the Undoable: Bitundo - Doublespending Bitcoins as a Service

Undoing the Undoable: Bitundo - Doublespending Bitcoins as a Service

Undoing the Undoable. One of the many long standing truths about bitcoin is the permanent nature of all send transactions. Once you've hit send, there is no way to stop it. Right? Wrong says new start-up BITUNDO who claims that they can at least attempt to get your errant payment back to the original sender. Yes, contrary to popular belief, your mistakes might not be mistakes forever. Remember that a transaction is not technically confirmed until it is secured in a block and as part of the blockchain. Until it is secured in the blockchain and confirmed for the first time, technically no....


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