Quote from: azmojo on July 18, 2017, 02:20:44 PM

Quote from: toknormal on July 18, 2017, 02:16:17 PM

We hit 1:1 with Ether on coin price.

Not only that, it's headed higher. The minor 1.0 sell wall won't last long. Accumulation going on!

The utility of the token is that you can trade it for services from Veritaseum. Reggie has already shown that he will price those services at the market rate for Veri to Ether.
We have extra decimals places for a reason! I think now is the time to dicuss naming the fractional units.

In ether these are specified:

Code:

[b]Unit Wei Value Wei[/b]
wei 1 wei 1
Kwei (babbage) 1e3 wei 1,000
Mwei (lovelace) 1e6 wei 1,000,000
Gwei (shannon) 1e9 wei 1,000,000,000
microether (szabo) 1e12 wei 1,000,000,000,000
milliether (finney) 1e15 wei 1,000,000,000,000,000
ether 1e18 wei 1,000,000,000,000,000,000

If ether is $100 and 1 ether buys you a tenth of a Veri than Veri = $1000; So then 1 millveri would be equal to one hundredth of an ether (or one buck:$1) and a microveri would be one thousandth of a cent... (or 0.00001 ether).

You can have fraction of my Veri for some of your ethers... Tongue