Ways to Identify and Mitigate a Bitcoin Dust Attack

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The transactions utilizing the Bitcoins are not anonymous while the users can still add a layer of privacy by using various addresses and / or other techniques to confuse the blockchain surveillance. Nevertheless, a de-anonymization method known as the Bitcoin dust attack is highly rising. In case the micro-transactions characterizing a dust attack go unnoticed, they can be potentially used to identify the Cryptocurrency users. People have used their own degree of privacy to provide themselves with the uber form of anonymity. Despite all of the measures they have taken, there is a way in which users can be identified by blockchain analysis which is known as the  Bitcoin dust attack.

In the aura of Bitcoins, the term ‘dust’ is used to point out a very small fraction of Bitcoin which often times have been referred to as Satoshis. In a bid to track the further transactions, large amounts of duct are peppered across the network targeting a large group of addresses. Some of the users might not even realize a dust attack has been done on their accounts and that they received a small amount of dust. Most of them spend the tainted coins later. The first and the foremost ways to mitigate a dust attack are to keep an eye on the dust by regularly checking into the account. Some of the wallets also allow one to add a description or flag to the fraction of satoshis that were sent randomly. But in this case, there remains another problem as to may be the extra satoshis or the fraction of Bitcoins has been sent by some people by mistake and might not be a dust attack. Moreover, there is no way that people can stop the dust attacks as the superior portion of the blockchain networks is permission-less.

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