Dusting Attack
By CoinGecko | Updated on Aug 13, 2021
A new form of malicious activity in which hackers and scammers attempt to undermine the privacy of cryptocurrency users by sending little amounts of money to their wallets. The attackers then track the transactional activity of these wallets, combining several addresses to deanonymize the person or entity behind each wallet.
Related Terms
Hybrid PoW/PoS
It is the allowance for both Proof-of-Stake and Proof-of-Work distribution consensus to work on the same network.
Permissioned Blockchain
It is a private blockchain where the nodes must be previously authorized by a central entity.
Relative Strength Index (RSI)
Relative Strength Index (RSI) is a popular technical indicator used to analyse financial markets. By charting the current and historical closing prices to evaluate overbought/oversold conditions, RSI oscillates between 0 - 100, with <30 indicating oversold and >70 indicating overbought.
Token Generation Event (TGE)
An event in which new tokens (ussually on a smart contract platform) are created and distributed to the public.
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