What happens to a double spend during a fork where one of the transactions are in a orphaned block and the other in the main chain?
2 transactions get broadcasted in the network and 2 conflicting blocks gets mined at the same time. The transaction that gets broadcasted first is for the seller and the second transaction is fraudulent. First transaction gets in the orphaned block and the second transaction goes in a block that becomes part of the main chain.
With the knowledge I have now, I assume the 2nd transaction is considered valid. While the first one gets returned to the memory pool and the pool sees that there is already a transaction in the main chain so it gets dropped. Is this true? And how do the confirmations show up?