Can bitcoin be divided?Report
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Can bitcoin be divided?
Yes, Bitcoins can be divided into 100 million coins using the metric naming system. The smallest bitcoin currency is called Satoshi. It is similar to the euro or other fiat currency cents and is named after Satoshi Yakamoto, the creator of bitcoin. Due to the increasing value of 1 bitcoin and its current price, bitcoin divisibility is one of the largest functions, which allows customers to make valuable payments even below $ 0.01. In future if required the divisibility of bitcoin may be increased to make it even smaller.
You can find a list of bitcoin denomination names, abbreviations and their value in the bitcoins below.
|BITCOIN DENOMINATION||ABBREVIATION BITCOIN||VALUE IN BITCOINS|
|Satoshi||SAT||0.000 000 01 BTC|
|Microbit||μBTC (uBTC)||0.000 001 BTC|
0Bitcoin 8 months 0 Answers 243 views 0