Title: Things you should know about dust Post by: Mia Chloe on November 21, 2023, 01:25:14 PM The term"Dust" or "Dust coin" is unique to Bitcoin. It refers to very small amounts of Bitcoin that are economically too small to spend.This is because these amounts of Bitcoin to be sent are so small that the transaction fees needed to transact them becomes bigger than the Bitcoin to be sent.These dust coins are typically tiny fractions of Bitcoin that are lower than the minimum transaction limit of the network.Due to this fact many wallet would display a UTXO error or rather some custodian wallets would display a feedback of insufficient Bitcoins.To further explain better,below are a list of properties related to Dust coin.
Note-->Any additional information would be appreciated
In conclusion, generally a Bitcoin transaction consists of an input which is the source of Bitcoin to be sent and the output which is the receiver or destination.In most cases if the input size is too small the transaction may be treated as a dust. Don't forget to keep your keys safe mate 😁 Title: Re: Things you should know about dust Post by: tranthidung on November 21, 2023, 02:11:50 PM Some threads about dust attacks.
There are different limit for Bitcoin dust
Title: Re: Things you should know about dust Post by: Richbased on November 23, 2023, 01:57:46 AM Op what about a scenario whereby you merge both the amount of cryptos you want to transfer to someone including the transaction fees but yet it keeps saying unable to transfer due to dust UTXO what can someone do at that time because I've encountered a situation whereby I have 0.0008575btc in my wallet then I wanted to send it to another address but the transaction fee was about 0.00093btc so I now tried sending 0.0007645btc to the address but I still got the dust UTXO error so what can be done in other for the dust error not to appear again
Title: Re: Things you should know about dust Post by: Mia Chloe on November 23, 2023, 02:26:36 AM Op what about a scenario whereby you merge both the amount of cryptos you want to transfer to someone including the transaction fees but yet it keeps saying unable to transfer due to dust UTXO what can someone do at that time because I've encountered a situation whereby I have 0.0008575btc in my wallet then I wanted to send it to another address but the transaction fee was about 0.00093btc so I now tried sending 0.0007645btc to the address but I still got the dust UTXO error so what can be done in other for the dust error not to appear again From the numbers you gave above,0.00093btc which is the transaction fee is larger than the amount 0.0008575btc which you are willing to send.I suggest you fund your wallet with more Bitcoins as the mempool is still quite congested owing to high fees.You can also make use of SEGWIT address on lightning network to help reduce your fees |