Ethereum update: Tx nonce question
Please correct any of the following. Ethereum, as I understand it, uses a transaction nonce to avoid replay attacks. It’s an index which increments each time ether moves out of an address, right? Why did Ethereum choose to enforce such strict ordering of the transaction nonces? Wouldn’t it be enough to disallow the same transaction nonce twice? Is the issue that it takes too much time to search the entire blockchain looking for the duplicate tx nonce?
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
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