D

Dust Transaction

Dust transactions are a series of trace amounts of crypto assets that individually are less valuable than the computing power or fee that is required to process them

If you use cryptocurrency to trade or transact, you probably have dust. Dust is simply a trace amount of cryptocurrency that’s leftover after a trade or transaction. It typically has negligible monetary value, ranging from minuscule fractions of a penny to a few dollars. In the crypto world, dust is a byproduct of numerous trades and transactions and is found on most blockchains.

While Bitcoin dust can slow down network transactions, attempting to clean up Bitcoin dust can create a privacy problem, especially for small users.

A disadvantage—and more importantly, a risk—of bitcoin dust is the chance of de-anonymization, which is when a person’s identity can be linked to their Bitcoin transactions.

Hackers have developed a strategy called a dust attack where micro amounts of Bitcoin dust are sent to an unsuspecting user’s wallet. When the user spends the dust-tainted, hackers use software to analyze the user’s other transactions and develop an identity profile for malicious purposes.

Beauty is everlasting and dust is for a time.

Marianne MooreAmerican modernist poet, critic, translator, and editor

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