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Main => Technical Support => Topic started by: monsterer on December 11, 2014, 04:32:10 pm

Title: Are the lowest possible units in every asset called 'Larimers', or just for BTS?
Post by: monsterer on December 11, 2014, 04:32:10 pm
Just for the record, is there a name for the lowest possible unit of an asset, given that they're all different potentially?
Title: Re: Are the lowest possible units in every asset called 'Larimers', or just for BTS?
Post by: xeroc on December 11, 2014, 06:10:08 pm
Bts -> Larimers
The rest ... individual .. like a 10000th of a dollar
Title: Re: Are the lowest possible units in every asset called 'Larimers', or just for BTS?
Post by: monsterer on December 11, 2014, 06:14:20 pm
Bts -> Larimers
The rest ... individual .. like a 10000th of a dollar

There ought to be a generic term. Can't really call them cents, or pennies. Hmmm...
Title: Re: Are the lowest possible units in every asset called 'Larimers', or just for BTS?
Post by: bytemaster on December 11, 2014, 06:35:24 pm
Bts -> Larimers
The rest ... individual .. like a 10000th of a dollar

There ought to be a generic term. Can't really call them cents, or pennies. Hmmm...

bits
Title: Re: Are the lowest possible units in every asset called 'Larimers', or just for BTS?
Post by: monsterer on December 11, 2014, 06:59:16 pm
bits

That's already in use in bitcoin to mean 10 satoshis?
Title: Re: Are the lowest possible units in every asset called 'Larimers', or just for BTS?
Post by: bytemaster on December 11, 2014, 07:09:14 pm
bits

That's already in use in bitcoin to mean 10 satoshis?

Really?  Because I have never heard that. 
Title: Re: Are the lowest possible units in every asset called 'Larimers', or just for BTS?
Post by: clayop on December 11, 2014, 07:25:08 pm
bits

That's already in use in bitcoin to mean 10 satoshis?

Really?  Because I have never heard that.
100 satoshi
http://blog.coinbase.com/post/89405189782/its-bits
Title: Re: Are the lowest possible units in every asset called 'Larimers', or just for BTS?
Post by: monsterer on December 11, 2014, 07:31:23 pm
100 satoshi
http://blog.coinbase.com/post/89405189782/its-bits

Sorry, yes 100 :) Could never remember which it was, or for that matter see the point of it compared to plain satoshis!
Title: Re: Are the lowest possible units in every asset called 'Larimers', or just for BTS?
Post by: fran2k on December 12, 2014, 05:55:48 am
The analogy with BTC will be to call them Dans.