2 years ago

What unit is used to describe the smallest amount of bitcoin?

1 answer:

7 0

Answer:

The satoshi is currently the smallest unit of the bitcoin currency recorded on the block chain. It is a one hundred millionth of a single bitcoin (0.00000001 BTC).

Explanation:

A bitcoin is a type of digital currency in which a record of transactions is kept and new units of currency are generated by the computational solution of mathematical problems. Bitcoins operate independently through a central bank.

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