Does the Blockchain Recognise a Bitcoin as a Quantity or Does It Work with Satoshi?

I know the question sounds weird, but correct me if my assumptions are wrong.

My understanding is, a Satoshi (Sat) is the minimum transferable quantum in the Blockchain. Am I correct there?

Then, does the quantity of 10^8 Sats (which we call Bitcoin) mean anything special to the Blockchain? Or is it purely a construct for convenience to call that many Sats collectively as one Bitcoin?



from Recent Questions - Bitcoin Stack Exchange https://ift.tt/w2rZsOk
via IFTTT

Popular posts from this blog

How to compute MAST commit bytes in bitcoin payment?

Image
The hash digests used to create the commitments are each 32 bytes, so proving that a spend of Figure 7-6 is authorized (using a merkle tree and the particular conditions) and authenticated (using signatures) uses 383 bytes. By comparison, the same spend without a merkle tree (i.e., providing all possible authorization conditions) uses 412 bytes. Can anyone explain how to compute 383 bytes and 412 bytes? Thanks! from Recent Questions - Bitcoin Stack Exchange https://ift.tt/M2lri0K via IFTTT
Read more

Isit possible to swap my MBTC into BTC

I have a question. I was sent some bitcoin about 10 years ago on my bitcoin wallet app. I just found it today and i'm a little confused whether it is a wrapped version or the original bitcoin because there is a M infront of the BTC. Please can someone clarify from Recent Questions - Bitcoin Stack Exchange https://ift.tt/oj8vRHf via IFTTT
Read more

Anyone help with some tbtc?

Anyone help with some tbtc? Need a quite large amount for testing. Here is my address : tb1pve2jcvzmh6vjvlk6qnpae0yd2dsv96jp2cswaszazmkargxrgmgqu0p6ul from Recent Questions - Bitcoin Stack Exchange https://ift.tt/ltVf39I via IFTTT
Read more