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
Bitcoin Improvement Proposal (BIP)
Refers to improvement proposals for Bitcoin, used to introduce features or any updates on the Bitcoin network.
Proof of Work (PoW)
A consensus algorithm in which a block is validated via mathematical hashing
Interoperability
Interoperability refers to the property of product/systems that are able to work with products/systems that are different without any restrictions.
Off-chain
It refers to transactions occuring outside the blockchain and executed instantly.
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