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Title: litoshi pls read Post by: serdar on May 15, 2015, 02:54:25 AM how much litecoin is a litoshi and satoshi?
Title: Re: litoshi pls read Post by: MisO69 on May 15, 2015, 03:28:35 AM Think of them as the equivalent of cents to the dollar. Except they have 8 decimal places in the case of Bitcoin. So one satoshi is .00000001 bitcoins.
Litosh, I don't use that term. Since Satoshi Nakamoto invented bitcoin and all these clones are simply Bitcoin core modded or hacked in some cases. I call every altcoin's "cents" satoshis. Title: Re: litoshi pls read Post by: username18333 on May 15, 2015, 03:56:54 AM Since Satoshi Nakamoto invented bitcoin and all these clones are simply Bitcoin core modded or hacked in some cases. I call every altcoin's "cents" satoshis. Great Empire Coin™ (GEC) is the official currency of Great Empire of Earth (http://rgeo5wj7gneidzh3.onion), is divisible into cents and mills, and has denominations of mega-, terra-, and exacoins. You call the thousandths (and hundredths) of a cryptographic currency “satoshis” instead of “mills (http://www.merriam-webster.com/dictionary/mil#mwEntryData)” (and “cents (http://www.merriam-webster.com/dictionary/cent#mwEntryData)”)‽ Title: Re: litoshi pls read Post by: serdar on May 15, 2015, 11:40:41 AM so what are the subdivisions of a litecoin and what do they value?
Title: Re: litoshi pls read Post by: username18333 on May 15, 2015, 09:08:44 PM Code: static const CAmount COIN = 100000000; Presumably, in the source code of Litecoin Core, a "coin" is defined as one hundred million and a "cent" as one hundredth of that (i.e., one million). Integers do not have units (by default); however, laypeople often (at least, in effect) define a "satoshi" (or "litoshi", etc.) as one (so as to concatenate a unit onto these integers). |