Cryptocurrencies are often broken down into smaller units to facilitate transactions and computations. For instance, Bitcoin is divided into 100,000,000 satoshis (sats), while Ethereum is measured in 1,000,000,000,000,000,000 wei. Similarly, Solana uses lamports, with 1 SOL equating to 1,000,000,000 lamports. Secret Network's SCRT is divided into 1,000,000 uSCRT, Cosmos's ATOM into 1,000,000 uATOM, and Nolus's NLS into 1,000,000 uNLS.
These subdivisions allow for precise transactions and operations within their respective networks. Users often transact in these smaller units rather than whole coins, such as spending sats instead of Bitcoin or computing in wei instead of Ethereum. Understanding these denominations is crucial for effectively navigating and utilizing blockchain networks.
Understanding Cryptocurrency Denominations: From Sats to Wei
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