Questions tagged [smallest unit]

Sara Mon Jan 20 2025 | 6 answers 1190

I am trying to understand the terminology used in Ethereum blockchain. Specifically, I want to know what the smallest divisible unit of Ethereum currency is called.

CryptoGladiator Thu Dec 26 2024 | 5 answers 1352

I'm trying to understand the basics of Ethereum and I'm curious to know what the smallest divisible unit of Ethereum is. Can someone explain this to me?

NebulaNavigator Wed Dec 04 2024 | 7 answers 1767

I'm interested in Litecoin and its technical aspects. Specifically, I want to know the smallest divisible unit of Litecoin. This information would help me understand the precision and flexibility of transactions using this cryptocurrency.

JessicaMiller Sun Oct 06 2024 | 5 answers 1028

I don't understand this question. Could you please assist me in answering it?

alexander_clark_designer Sat Jun 22 2024 | 7 answers 1255

In the realm of cryptocurrency and finance, there's often confusion surrounding the various denominations and units that constitute digital currencies. One such question that often arises is: "Are satoshis the smallest unit of bitcoin?" The query seeks clarity on whether satoshis, named after the pseudonymous creator of Bitcoin, Satoshi Nakamoto, represent the fundamental building block or smallest fraction of a bitcoin. Understanding this nuance is crucial for those involved in transactions, investments, or any other form of financial activity related to Bitcoin. A thorough answer would not only confirm or deny the statement but also provide context and possible alternatives, if any.