Understanding Bitcoin unit divisions.
Since i have seen multiple questions and error about BTC, mBTC, uBTC and all the Bitcoin's subunits i will post here some good links where anyone can deeply understand how the Bitcoin unit division works.
It will take just some minutes and you will understand Bitcoin a little bit more
Please check this useful links to understand better how Bitcoin unit is divided:
https://en.bitcoin.it/wiki/Units
http://youmeandbtc.com/bitcoin-converter/convert-btc-mbtc-bits-satoshis-usd/
http://bitcoin.stackexchange.com/questions/114/what-is-a-satoshi
Below, a brief summary of Bitcoin Units:
Hope this helps!
_Crypt1x_
Since i have seen multiple questions and error about BTC, mBTC, uBTC and all the Bitcoin's subunits i will post here some good links where anyone can deeply understand how the Bitcoin unit division works.
It will take just some minutes and you will understand Bitcoin a little bit more
Please check this useful links to understand better how Bitcoin unit is divided:
https://en.bitcoin.it/wiki/Units
http://youmeandbtc.com/bitcoin-converter/convert-btc-mbtc-bits-satoshis-usd/
http://bitcoin.stackexchange.com/questions/114/what-is-a-satoshi
Below, a brief summary of Bitcoin Units:
Code:
A Satoshi is the smallest fraction of a Bitcoin that can currently be sent: 0.00000001 BTC, that is, a hundredth of a millionth BTC.
In the future, however, the protocol may be updated to allow further subdivisions, should they be needed.
Further examples of units
1 BTC = 1,000 mBTC (millibitcoin)
1 BTC = 1,000,000 μBTC (microbitcoin)
1 BTC = 100,000,000 Satoshis
1 mBTC = 100,000 Satoshis
1 μBTC (microbitcoin) = 100 Satoshis
In the future, however, the protocol may be updated to allow further subdivisions, should they be needed.
Further examples of units
1 BTC = 1,000 mBTC (millibitcoin)
1 BTC = 1,000,000 μBTC (microbitcoin)
1 BTC = 100,000,000 Satoshis
1 mBTC = 100,000 Satoshis
1 μBTC (microbitcoin) = 100 Satoshis
Hope this helps!
_Crypt1x_