What is the white residue on the branches of my potted palm? I have a hulking potted palm plant and in the ending few...

I have a hulking potted palm plant and in the ending few weeks, I've noticed a dry white residue contained by the palm branches, particularly within the areas where the smaller branches come across the larger branches.

Does anybody know what this residue is and whether or not it poses harm to my plant?
Which plant is correct to save inside house...
Answers:    Actually its call a Mealy bug. Dont fret you can beat it.
They dont really look close to bugs until closer (very closer) inspection. The easiest way to see them is using a cotton ball or q-tip. Get Isopropyl alcohol, dip orb or Q-tip into it and touch the white things. At this point the white will desinegrate on contact and reveal the actual bug ( which will very immediately die) the white stuff is actually hundreds of microscopic babies living on the surface of the grown.
Happy hunting!
Can I shred my old-fashioned bills to use...
Does it look like a network? I think it domes from spider mites. ( i could be wrong near the name. they do net a spray you can buy to kill it!