amazon prime wholesale jewelry What currency is Satoshi

amazon prime wholesale jewelry

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  1. costume jewelry wholesale san antonio It is the smallest unit of Bitcoin, with 0.00000001 bitcoin, and expresses 1.0 * 10-8 in the form of scientific counting, which means that 1 bitcoin is 100 million SATS. Bitcoin blockchain can support a Bitcoin split to 8 digits after the decimal point, which means that the smallest unit of Bitcoin is 0., and this smallest unit is called 1 Zhong Ben Cong (referred to as Cong). This is also the Bitcoin's of Bitcoin. Basic units will not have a smaller division than 1 Cong. Because of the founder of Bitcoin, Nakamoto Nakamoto, in order to commemorate his epoch -making invention, he used his name to be a unit.
    The expanded information: Commonly used units:
    _ 1 Bitcoins (BTC) = 1bTC
    _ 1 Bit (CBTC) = 0.01btc
    _ 1 mill bice (Milli-Bitcoins, MBTC) = 0.001BTC
    _ 1 micro-bit (micro-bitcoins, μbtc or ubtc) = 0.000001btc
    _ 1 Cong (Satoshi) = 0.
    _ 1Bitcoin (BTC) = (mbtc) = (ubtc) =
    The concept of Bitcoin was initially proposed by Nakamoto Satoshi in 2009. According to the open source software designed by Satoshi Nakamoto and constructed the P2P network on it. Bitcoin is a P2P form of digital currency. Point -to -point transmission means a decentralized payment system. Unlike most currencies, Bitcoin does not rely on specific currency institutions. According to specific algorithms, it is generated by a large number of calculations. The Bitcoin economy uses a distributed database composed of many nodes in the entire P2P network to confirm and record all transactions. And use the design of cryptography to ensure the security of all aspects of currency circulation. The decentralization characteristics and algorithms of P2P can ensure that the currency value cannot be manipulated by a large number of Better dollars. Design based on cryptography can make Bitcoin only transfer or pay by real owners. This also ensures the anonymity of currency ownership and circulation transactions. The biggest difference between Bitcoin and other virtual currencies is that its total number is very limited and has a strong scarcity. The currency system has only exceeded 10.5 million in 4 years, and the total number will be permanently limited to 21 million. Bitcoin can be used to fulfill, and can be exchanged for currency in most countries. Users can buy some virtual items with Bitcoin, such as clothes, hats, equipment, etc. in online games. As long as someone accepts it, it can also use Bitcoin to buy items in real life.
    Bitcoin (Bitcoin: Bitkin) is the earliest network virtual currency that can buy items in real life. It is characterized by decentralization, anonymous, can only be used in the digital world, does not belong to any country and financial institutions, and is not limited by regions. Essence In 2013, the US government acknowledged the legitimate status of Bitcoin, making Bitcoin prices rise sharply. In China, on November 19, 2013, a Bitcoin was equivalent to 6,989 yuan.

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