What happens when a fraudulent transaction is reversed on the

Question

What happens when a fraudulent transaction is reversed on the

blockchain after payment has been paid out of the pool. Where does the repayment come from to replace what was in the pool? Who takes the loss at the end of the day?

#amp #cryptocurrency #english

0

19.02.2022

3 ответов

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Nami

amp is the way
Its my understanding that with failed transactions...

Spot on, thanks! The only thing I'd add is that stakers of other pools on the network would be completely unaffected.

0

19.02.2022

Nami

I replied to your same question in discord btw. Oh and can you please add a user name to your profile? We have bots here that may ban you if you don't have a username set. Thanks. 🙏

0

19.02.2022

amp is the way · Accepted Answer

Its my understanding that with failed transactions, the value is liquidated from the staking pool. So the stakers take the loss but it's distributed across all stakers in that pool. Gotta be some risk tied to the staking rewards. But I don't think its possible to "reverse" a blockchain transaction. I think there are a number of measures in place to significantly reduce the likelihood of a fraudulent transaction. For example the two part flexa codes and the inability to create a flexa code without the proper amount in the wallet.

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