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Author Topic: Is There A "Dusting Coin"?  (Read 101 times)
Retiree2018 (OP)
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January 11, 2018, 12:15:00 AM
 #1

Is there a coin or exchange out there that's dedicated to doing something with "dust"? If there were a coin/exchange out there that could sweep up all that dust and turn it into its own coin I feel like it'd be extremely popular. Just imagine all those zero's in your account that are actually zero and not 0.0324?!

Dust- To put it simply, the remaining small balance left in your exchange after a transaction.
DevelopmentBank
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January 11, 2018, 12:22:01 AM
 #2

Is there a coin or exchange out there that's dedicated to doing something with "dust"? If there were a coin/exchange out there that could sweep up all that dust and turn it into its own coin I feel like it'd be extremely popular. Just imagine all those zero's in your account that are actually zero and not 0.0324?!

Dust- To put it simply, the remaining small balance left in your exchange after a transaction.

Conceptually, and by the way you described it, that is actually a great idea. With all these coins today the amount of "dust" would probably amount to something significant. However, the problem is that technically, a coin like this would be hard pressed in development. The coin would need access to multiple blockchains and would have to go through very secure security and penetration testing. It would be a nightmare to develop.
Retiree2018 (OP)
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January 11, 2018, 01:29:46 PM
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Maybe one day we will see it I hope, both for the eyesore of dust and the profit that follows!
miyaka26
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January 11, 2018, 01:43:12 PM
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Dust coins for currencies like bitcoin, ethereum and other high valued coins still have their costly price to the market, the idea can be implemented for those coins that are undervalued and cheap but you can still consider that someday those coins will get to the moon if they are good and legit so the logic for that one is still impossible for now to implement for markets given by the fact that it is still an asset of a certain individual/investor even it is a dust.

ranga71
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January 11, 2018, 01:56:15 PM
 #5

I'm unaware of a universal "dust" coin. But can't you buy BNB with the dust in your binance account?
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