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Author Topic: litoshi pls read  (Read 890 times)
serdar (OP)
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May 15, 2015, 02:54:25 AM
 #1

how much litecoin is a litoshi and satoshi?
MisO69
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May 15, 2015, 03:28:35 AM
 #2

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.


username18333
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May 15, 2015, 03:56:54 AM
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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, 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” (and “cents”)‽

Escape the plutocrats’ zanpakutō, Flower in the Mirror, Moon on the Water: brave “the ascent which is rough and steep” (Plato).
serdar (OP)
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May 15, 2015, 11:40:41 AM
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so what are the subdivisions of a litecoin and what do they value?
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May 15, 2015, 09:08:44 PM
Last edit: May 15, 2015, 09:32:10 PM by username18333
 #5

Code:
static const CAmount COIN = 100000000;
static const CAmount CENT = 1000000;

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).

Escape the plutocrats’ zanpakutō, Flower in the Mirror, Moon on the Water: brave “the ascent which is rough and steep” (Plato).
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