All the things you wanted to know about Bitcoin and the other cryptocurrencies

Satoshi as Monetary Unit

0

A Satoshi is the smallest fraction of a Bitcoin that can currently be sent: 0.00000001 BTC, that is, a hundredth of a millionth BTC. In the future, however, the protocol may be updated to allow further subdivisions, should they be needed.

Table of conversion:

.00000001 BTC = 1 satoshi= .01 μBTC (microbitcoin)= .00001 mBTC (millibitcoin)
.0000001 BTC = 10 satoshi= .1 μBTC (microbitcoin)= .0001 mBTC (millibitcoin)
.000001 BTC = 100 satoshi = 1 μBTC (microbitcoin)= .001 mBTC (millibitcoin)
.00001 BTC = 1,000 satoshi = 10 μBTC (microbitcoin)= .01 mBTC (millibitcoin)
.0001 BTC = 10,000 satoshi = 100 μBTC (microbitcoin) = .1 mBTC (millibitcoin)
.001 BTC = 100,000 satoshi = 1,000 μBTC (microbitcoin) = 1 mBTC (millibitcoin)
.01 BTC = 1,000,000 satoshi = 10,000 μBTC (microbitcoin) = 10 mBTC (millibitcoin)
.1 BTC = 10,000,000 satoshi = 100,000 μBTC (microbitcoin) = 100 mBTC (millibitcoin)
1 BTC = 100,000,000 satoshi = 1,000,000 μBTC (microbitcoin) = 1,000 mBTC (millibitcoin)

bitcoin_cover_image_20

Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles