@abraxas
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[NOTE] This was originally part 3 of a 3-part post on Noise. It was suggested that I move it over to read.cash to make it easier to follow. Here is the post: https://read.cash/@abraxas/new-users-guide-to-getting-the-most-out-of-noisecash-c591ef5d Thanks to all who re-noised! #WelcomeToNoise
15 comments
Thank you again. This was also very informative :)
Great tips for newbies like me! Thank you for taking time to write this :)
You're welcome! :)
I like reading part 2 too. Not sure I understand the term 'dusting' you used in point 10.
Thanks for the feedback - I'll have to expand on that. Dusting is basically when you get a small fraction of a cent in your wallet. All the "dust" leads to higher network fees when you try to move/spend it, and can cause issues when trying to spend as well. The best way to fix it is to consolidate the coins. I use Electron wallet for that.
Ahh, I see. I'm rather new to bitcoin, so this is a very helpful explanation. Thank you
I've updated that point to better explain what dusting is. Let me know if this looks better: "The information is all relatively private, but I think most people would agree that taking more than 50% of somebody else's reward is a bit selfish. The other thing to keep in mind is dusting. [EDIT STARTS HERE] Dusting is a term used for receiving very tiny transactions - at a very surface level BCH network fees are based on the number of transactions that make up the value that you're sending. As you can imagine, lots of very small deposits to your wallet will end up costing you more to move. These tiny fractions-of-cents transactions are known as "dust". [EDIT ENDS HERE] With this in mind, remember that all FreeTips use the %, so if you tip 1 cent to somebody, even with the slider all the way down you're really only giving them 80% of 1 cent and dusting yourself with 20% of 1 cent. It's completely personal opinion here, but I prefer to wait until I have at least 2 cents before I tip anything just to prevent as much of the dusting as possible."
I like it, but I liked the first explanation more. This one is much more intellectualized, while the first one was more of a common sense approach which I think is more relatable to a beginner like me. Either way, I am grateful for your explanations and the time you take to edit it.
Nice
#9 I hope Noise will review my account. As I want to give more back to the community. I'm grateful for the amazing curators here :) Wonderful article :)
Well done! great help for everyone!
Hello @abraxas, Hope somebody can translate this in Spanish :) The Spanish community also is growing here.
It is great to see you're putting that much efforts and attention to details ;) I enjoy reading those, wouldn't be Read.Cash be a better place for the full glory ;) Also, I wouldn't recommend bitcoin.com wallet as sending (outcoming transfer) a meaningful amount from it results in errors and big fees due to the multiple small faucet-like incoming transfers we get from Noise.cash. It seems exchange wallets cope better in that case. Speaking entirely from my humble experience with 5 different wallets :D
Awesome idea, kuya!
I really needed this. Thank you❤