jakub on Nostr: Technically, 1 bit equals 100 sats. I think the confusion comes from ‘bits’ ...
Technically, 1 bit equals 100 sats. I think the confusion comes from ‘bits’ already being a familiar unit in computer science, tied to any digital process. So using it in Bitcoin just adds another layer of ambiguity.
Published at
2024-11-12 22:01:13Event JSON
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"pubkey": "adeddcaed09462b291f1dd54dbb5806198710eb0b520fc0ed7b0629147cee262",
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"content": "Technically, 1 bit equals 100 sats. I think the confusion comes from ‘bits’ already being a familiar unit in computer science, tied to any digital process. So using it in Bitcoin just adds another layer of ambiguity.",
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