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Unmasking the lie of the Petro
1-The Venezuelan State will issue 100,000,000 petros.
2-The Petro, a Venezuelan cryptocurrency, will circulate through the NEM technological platform, this was reported on Tuesday night by the President of the Bolivarian Republic of Venezuela, Nicolás Maduro Moros.
3-The minimum unit of exchange will be called Mene (0.00000001).
4-NEM Official (Editors)
Divisibility
The divisibility determines to what decimal point the mosaic can be divided. Therefore, a divisibility of 3 means that a mosaic can be divided into smaller pieces of 0.001 tiles (that is, milli mosaics are the smallest subunit). The divisibility must be in the range of 0 and 6. (0.000001)
1-The Venezuelan State will issue 100,000,000 petros.
2-The Petro, a Venezuelan cryptocurrency, will circulate through the NEM technological platform, this was reported on Tuesday night by the President of the Bolivarian Republic of Venezuela, Nicolás Maduro Moros.
3-The minimum unit of exchange will be called Mene (0.00000001).
4-NEM Official (Editors)
Divisibility
The divisibility determines to what decimal point the mosaic can be divided. Therefore, a divisibility of 3 means that a mosaic can be divided into smaller pieces of 0.001 tiles (that is, milli mosaics are the smallest subunit). The divisibility must be in the range of 0 and 6. (0.000001)
The official whitepaper says 0,000001, typos happen.
The fact that anyone can create a smart asset does not automatically mean petro is a scam. That's the core logic of NEM, anyone can create smart assets, xem itself is actually a mosaic under the nem namespace(nem:xem).
