CryptoURANUS Economics: Bit: Defined in CryptoCurrency

CryptoCurrencies


Friday, August 3, 2018

Bit: Defined in CryptoCurrency

Bit: Defined in CryptoCurrency


A bit is the smallest unit of digital, computerized information represented as either a 0 or 1. But bit also refers to a very small amount of bitcoin, specifically, one-millionth of a bitcoin or 0.00000100 bitcoin.

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