📎 Cryptocurrency Basics | Bitcoin’s Smallest Unit
· Key point: 21 million bitcoins is approximately 2,100 trillion satoshis.
· How to understand it: An output with too small an amount may not even cover the transaction fee when you spend it. By default, nodes also treat such outputs as “dust” and won’t relay them.
· Note: Before transferring, check whether the amount is denominated in BTC or satoshis. A one-place error in the decimal point changes the amount by an order of magnitude.
$BTC 83824.43(+0.92%)
#BTC
· Key point: 21 million bitcoins is approximately 2,100 trillion satoshis.
· How to understand it: An output with too small an amount may not even cover the transaction fee when you spend it. By default, nodes also treat such outputs as “dust” and won’t relay them.
· Note: Before transferring, check whether the amount is denominated in BTC or satoshis. A one-place error in the decimal point changes the amount by an order of magnitude.
$BTC 83824.43(+0.92%)
#BTC