How small can Bitcoin be divided? Don't worry, your class rep has the answer:
1 bitcoin can be divided into 100 million satoshis (satoshi), i.e. 1 satoshi = 0.00000001 BTC.
An output with an amount that's too small may not cover the transaction fee when spent. Under their default policy, nodes may also treat such outputs as “dust” and refuse to relay them.
My transaction notes homepage says: Understand it before you act.
$BTC 71443.81(-3.53%)
#BTC
1 bitcoin can be divided into 100 million satoshis (satoshi), i.e. 1 satoshi = 0.00000001 BTC.
An output with an amount that's too small may not cover the transaction fee when spent. Under their default policy, nodes may also treat such outputs as “dust” and refuse to relay them.
My transaction notes homepage says: Understand it before you act.
$BTC 71443.81(-3.53%)
#BTC
