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Topic: Bitcoin Dust - page 2. (Read 504 times)

copper member
Activity: 335
Merit: 35
August 18, 2020, 04:55:51 PM
#1
Can someone explain this article in more simpler terms (maybe with examples/pictures?) I'm confused on how this makes it easier to track wallet addresses to IP addresses.

More specifically the following:

Entities conducting blockchain analytics may use dust to deanonymize users and their wallet addresses. The idea is to create enough deterministic links between the analysis firm’s wallets and the recipient addresses. Once these links are created, the firm can run analysis using the data it collects to trace IP addresses to the recipient wallets.

“When the dust is consolidated with the user’s other funds, it helps with chain analytics by making it easier to cluster addresses,”

https://www.coindesk.com/dust-attacks-bitcoin-wallets

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