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/biz/ - Business & Finance


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19141334 No.19141334 [Reply] [Original]

Why is there 18 decimal spots for each link. Bitcoin has like 8 I think

>> No.19141347

1+8=9 father

>> No.19141364

Because 0.000000000000000001 will be $1

>> No.19141437

>>19141334
that is the default for tokens on ethereum

>> No.19141505

>>19141347
Thanks son

>> No.19141953 [DELETED] 
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19141953

>>19141334
he has 0 affinity for tech and doesn't understand details like those should be adjusted only when there's a realistic prospect of need. it will take way less effort to make bitcoin use higher decimals WHEN needed, than the amount of computing power / ledger size etc. it saves that it only uses 8 decimals for now, when 1 satoshi costs 1 hundredth of a cent.