We examine the history and future of dust: containers (UTXOs) of bitcoin that cost more to spend in fees than they hold. The amount of dust in the blockchain is...
There are many stories of people losing BTC in large amounts - especially in the early days - when BTC wasn’t worth much, and was easily forgotten on an old hard-drive, USB...
Bitcoin uses a curious accounting structure called a UTXO — an Unspent Transaction Output. All UTXOs are timestamped by the transaction/block in which they were created. Since all bitcoin in existence is contained...