Bitcoin has become widely used in the last several years and its popularity keeps growing. Still, there are some factors that can throw sand into the machine and slow down the fast development of these technologies. Various hackers, computer burglars, and scammers have increased their malicious attempts in the crypto world.
Being both transparent and anonymous, Bitcoin blockchain technology is more vulnerable that it may seem. And the owners of digital and hardware wallets, should know how to protect themselves from various types of spam activity. For example, if you find a small amount of coins in your wallet coming out of nowhere, it should urgently raise your attention. I would like to make you aware of such a phenomenon, Bitcoin dust.
How Tiny Is Dust?
My definition for Bitcoin dust is a very small fraction of Bitcoin, so small that the fee to send it from one wallet to another is bigger. In this case, Bitcoin Coreconsiders a transaction output to be the “dust.” It actually is worth almost nothing, and its holder can’t…