puzzles 🧩 on Nostr: If there is no decimals then why is every exchange, wallet and their mom using ...
If there is no decimals then why is every exchange, wallet and their mom using decimals? There were discussions on Bitcoin talk about this very subject 12 years ago.
Bitcoin is a number (among other things)
Just like a million has 6 zeros behind it. Bitcoin has 8 zeros.
Base units could be called bitcoins but they are not. 100 million base units are called bitcoins.
Most whole units of anything can be broken into pieces aka decimals.
It doesn’t matter whether decimals are explicitly stated in the whitepaper or code. Decimals are a way to represent fractions. When you say there are no decimals, you are also saying there are no fractions in bitcoin.
Bitcoin is a number (among other things)
Just like a million has 6 zeros behind it. Bitcoin has 8 zeros.
Base units could be called bitcoins but they are not. 100 million base units are called bitcoins.
Most whole units of anything can be broken into pieces aka decimals.
It doesn’t matter whether decimals are explicitly stated in the whitepaper or code. Decimals are a way to represent fractions. When you say there are no decimals, you are also saying there are no fractions in bitcoin.