Cryptocurrency Q&A
What is a Milli Satoshi?
What is a Milli Satoshi?
Eleonora
Tue Dec 03 2024
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5 answers
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I recently came across the term 'Milli Satoshi' in a discussion about cryptocurrencies, particularly Bitcoin. I'm familiar with Satoshi being the smallest unit of Bitcoin, but I'm not sure what a Milli Satoshi is. Can someone explain?
5 answers
Eleonora
Thu Dec 05 2024
This means that to obtain one full satoshi, you would need to accumulate 1000 milli-satoshis.
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BlockchainEmpiress
Thu Dec 05 2024
In the digital currency network, the use of milli-satoshis is prevalent.
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CryptoKnight
Thu Dec 05 2024
A milli-satoshi represents a fractional unit of a satoshi.
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JejuJoyful
Thu Dec 05 2024
HTLC payments, a common transaction type, are denominated in milli-satoshis.
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Federica
Thu Dec 05 2024
Specifically, it is equivalent to one-thousandth of a satoshi.
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