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
Token
Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network.
Dump
A common term used to describe downward market movement, or to describe the action of selling an individuals holdings.
Graphical Processing Unit (GPU)
They are chips dedicated to graphics processing or floating point operations, allowing to lighten the workload of the processors during applications usage such as video games.
Liquid Proof of Stake (LPoS)
A proof of stake consensus mechanism by Tezos that slightly differs from Delegated Proof of Stake.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.