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Solana AI Payment System Can Leave Sellers Unpaid After Delivery, Researchers Find

(45 days ago) · 1 source · Summarized by CryptoBipto

A payment system built on Solana that claims to handle a million payments per second using AI has been found to have a flaw where sellers can deliver goods or services but still not receive payment. The issue raises concerns about the reliability of automated, high-throughput payment systems on blockchain networks.

WHY IT MATTERS

When you buy something online, you expect that once the seller ships your item, they get paid. Blockchain payment systems are supposed to make this even more reliable by using code — called smart contracts — to automatically handle both sides of a deal. Think of it like a vending machine: you put in money, and the machine gives you a snack, all in one step. This story is about a system on the Solana blockchain that processes payments very quickly using artificial intelligence, but has a flaw where the "vending machine" can give you the snack without actually collecting your payment — leaving the seller out of pocket. This matters because one of the main reasons people use blockchain for payments is the promise that the technology itself guarantees fairness, without needing to trust the other person. If that guarantee breaks down, it raises questions about how much users can rely on these automated systems.

Solana has been positioning itself as a high-performance blockchain capable of supporting large-scale payment infrastructure. A system described as handling "million payments a second" leverages AI to process transactions at scale.

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SOURCES

  • cryptoslate.com

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