Could you please elaborate on the hierarchical sequence of prefixes used in describing large numbers, specifically what comes after the prefix "mega" in terms of magnitude? I'm curious to understand the progression from mega to the next level of numerical representation. Is there a logical progression from mega to the next prefix, or is it a more arbitrary jump? Additionally, could you provide an example of how these prefixes are used in real-world scenarios, perhaps in the field of finance or cryptocurrency, to denote large quantities or values?
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    Enrico
    Thu Jul 25 2024
   
  
    Specifically, the prefixes kilo, mega, and giga are often employed to represent the powers of 1024, a number that is inherently linked to the binary system. 
  
  
 
            
            
  
    
    BitcoinWarrior
    Thu Jul 25 2024
   
  
    This convention is prevalent in the realm of digital information, where the byte serves as the fundamental unit of measurement. 
  
  
 
            
            
  
    
    CryptoPioneerGuard
    Thu Jul 25 2024
   
  
    The kilobyte, for instance, represents 1024 bytes, rather than the traditional metric definition of 1000. 
  
  
 
            
            
  
    
    Silvia
    Thu Jul 25 2024
   
  
    Similarly, the megabyte corresponds to 1,048,576 bytes, and the gigabyte encompasses 1,073,741,824 bytes. 
  
  
 
            
            
  
    
    BusanBeautyBloomingStarShine
    Thu Jul 25 2024
   
  
    The utilization of binary prefixes in modern information technology has led to a unique application of metric prefixes.