Nostr Web Client

Does anybody know why there were a bunch of 546 sat UTXOs being created as early as 2019? I knew of the more recent spike due to BRC-20 but didn't realize how early on 546 sats would become the most common (mode) UTXO value.

Reply to this note

Please Login to reply.

Discussion

Arnold Hubach 1y ago

Dust attacks?

Wicked 1y ago

Most likely...I don't remember specifically hearing about those though.

Arnold Hubach 1y ago

Not sure about the exact UTXO size that there used. But I do remember that it was a thing in 2019

Zach⚡️ 1y ago

Isn't it some sort of minimum?

Wicked 1y ago

Yes, 546 sats is the dust limit.

WARTIME PSYCHOPATH™ ☣️⚔️ 1y ago

I remember hearing about it, and collected some in Samourai too

Nathan 1y ago

Idk. Awesome chart. Wish I understood Bitcoin back then.

Wicked 1y ago

Looks like it might have something to do with Omni Layer...gonna look more into this at some point.

SPA (Super Phat Arrow) 1y ago

Also some will be BIP47 notification transactions

Nackoo2000 1y ago

Because of the lightning network most likely.

SPA (Super Phat Arrow) 1y ago

No, BIP47 has nothing to do with LN

Nackoo2000 1y ago

I am saying 546 sats are a reserved balance in the lightning network and the an=mount fits so it could be the reason why there are so many UTXOs of that size. I have no idea about BIP47 what it is.

jimbocoin 🃏 1y ago

Yeah, I was going to guess some scheme like that, or RGB.