What can we do about dust?
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This isnt an issue unique to Feathercoin, lots (if not all) coins based on the Bitcoin code have an issue with dust. Over the years Ive ran gathered a bit of dust in various coins due to faucets, p2pool mining, change from transactions, etc. My question is what can we do about it?
While I dont fully understand how/why it works I know its an issue due to spamming the network, if we didnt have fees in place to prevent spam then the dust could be spent. In a perfect world we could combine dust into a larger transaction and spend that but I dont think thats possible. What about just sending it to miners? Are fees viewed as ‘newly generated’ or do they carry the same weight as a standard transaction?
Ive seen a number of programs, scripts and services that eliminate dust in one form or another for BItcoin but they are all old and most dont appear to be working today. Just wanted to get some feedback from the brighter minds on this.
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You can combine several small payments and use them for a larger payment.
In the qt-wallet got to settings->options and check the ‘enable coin control features’ in the ‘wallet’ tab.When you then send coins you can select the change you want to use for the next transaction.
It’s a long process, but a way to use the dust transactions
Feathercoin development donation address: 6p8u3wtct7uxRGmvWr2xvPxqRzbpbcd82A
Openpgp key: 0x385C34E77F0D74D7 (at keyserver.ubuntu.com)/fingerprint: C7B4 E9EA 17E1 3D12 07AB 1FDB 385C 34E7 7F0D 74D7 -
@Wellenreiter said in What can we do about dust?:
You can combine several small payments and use them for a larger payment.
In the qt-wallet got to settings->options and check the ‘enable coin control features’ in the ‘wallet’ tab.When you then send coins you can select the change you want to use for the next transaction.
It’s a long process, but a way to use the dust transactions
This would be really long and boring process… especially if there is real dust, very small transactions.
I think best way is to zeroing your wallet sending everything to wallets which aggregate many such coins like exchanges. Or simply drop this address with no-use amount of coins. -
Ive tried using the coin control and while that is a step in the right direction, my FTC wallet has nearly 40,000 tiny transactions. WAY too many to manually select and combine. Id honestly donate it to miners if they could use it or even to nodes if that were possible.
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Exactly, what I noticed. We wold need an automated way, to use the small transactions to create larger ones.
Another problem is, that the transactions get too large, if you use many small inputs rather then some larger ones, and the output transaction gets rejected, because the overall size of the transaction becomes to large
