Units: Difference between revisions
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| || sat. || 0.00000001 || [[Satoshi (unit)|satoshi]] || Blockchain value | | || sat. || 0.00000001 || [[Satoshi (unit)|satoshi]] || Blockchain value | ||
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| || || 0.00000000001 || millisatoshi<ref>[https://github.com/ElementsProject/lightning/blob/master/README.md#receiving-and-receiving-payments Receiving and receiving payments]</ref> || [[Lightning Network|Payment channel value]] | |||
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Revision as of 02:19, 13 August 2017
Most commonly, units of bitcoin are expressed in decimal exponents such as BTC ("bitcoins"), mBTC ("millibitcoins") and μBTC ("bits").
Decimal metric units
The BTC unit was chosen to represent a value of 108 so as to give sub-unit precision rather than large whole numbers. Mirroring the standard Le Système International d'Unités, this allows for divisions of 1/10th (deci-bitcoins, dBTC), 1/100th (centi-bitcoins, cBTC), 1/1 000th (milli-bitcoins, mBTC), and 1/1 000 000 (micro-bitcoins, μBTC).
Bits
Many have adopted the practice of referring to the micro-bitcoin metric sub-unit as "bits".
Table of all units
This table is intended to include all well-defined units of bitcoin value, including less common and niche units.
Unit | Abbreviation | Decimal (BTC) | Alternate names | Info |
---|---|---|---|---|
Algorithmic maximum | 20,999,999.9769 | Calculation | ||
tam-bitcoin | 2,814,749.76710656 | 1,0000,0000 tonal | ||
mega-bitcoin | MBTC | 1,000,000 | Rare in context | |
kilo-bitcoin | kBTC | 1,000 | Rare in context | |
hecto-bitcoin | hBTC | 100 | Rare | |
Initial block subsidy | 50 | Until block 210000[1] | ||
bong-bitcoin | ᵇTBC | 42.94967296 | 1,0000 tonal | |
Current block subsidy | 12.5 | block | As of block 420000 | |
deca-bitcoin | daBTC | 10 | Rare | |
mill-bitcoin | ᵐTBC | 2.68435456 | 1000 tonal | |
bitcoin | BTC | 1 | coin | SI base unit |
san-bitcoin | ˢTBC | 0.16777216 | 100 tonal | |
deci-bitcoin | dBTC | 0.1 | Rare | |
ton-bitcoin | ᵗTBC | 0.01048576 | 10 tonal | |
centi-bitcoin | cBTC | 0.01 | bitcent | Formerly frequent[2] |
milli-bitcoin | mBTC | 0.001 | millibit, millie | Occasional |
bitcoin | TBC | 0.00065536 | Tonal base unit | |
bitcoin-ton | TBCᵗ | 0.00004096 | 0.1 tonal | |
bitcoin-san | TBCˢ | 0.00000256 | 0.01 tonal | |
micro-bitcoin | μBTC | 0.000001 | bit | Frequent |
bitcoin-mill | TBCᵐ | 0.00000016 | 0.001 tonal | |
0.0000001 | finney[3] | |||
bitcoin-bong | TBCᵇ | 0.00000001 | 0.0001 tonal | |
sat. | 0.00000001 | satoshi | Blockchain value | |
0.00000000001 | millisatoshi[4] | Payment channel value |
See also
References
- ↑ Block 209999. Main chain. 2012-11-28. Hash 00000000000000f3819164645360294b5dee7f2e846001ac9f41a70b7a9a3de1. Block explorer
- ↑ Bitcents were frequent until the November 2013 bubble
- ↑ After Hal Finney, Bitcoin Pioneer
- ↑ Receiving and receiving payments