Dusting Attack
A dusting attack is when someone sends tiny amounts of cryptocurrency to a wallet to try to find out who owns it. This information can then be used for scams, like phishing.
More terms under D
- Dual-Token Economy/Model (Two-Token Economy)A dual-token economy is a system where a cryptocurrency project uses two different tokens. One token is used for everyday functions within the network, while…
- DumpA dump is when many people quickly sell their cryptocurrency, causing the price to drop.
- DumpingDumping is when a lot of people sell a specific cryptocurrency quickly, causing its price to drop.
- Dust TransactionsDust transactions are very small amounts of Bitcoin in a wallet that are worth less than the cost of sending them in a transaction.
- Dutch AuctionA Dutch Auction is a type of auction where the price starts high and gradually lowers until it reaches a set minimum price.
- dPoSec (Distributed Proof of Security)Distributed Proof of Security (dPoSec) is a way for a blockchain network to keep running smoothly, even if up to one-third of its nodes are hacked or…
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.