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Santiago originally said if we need more than 8 decimal places, it can be done with an update. There’s nothing really fundamental in Bitcoin that is limiting it
by zwily 9y ago
Santiago originally said if we need more than 8 decimal places, it can be done with an update. There’s nothing really fundamental in Bitcoin that is limiting it to 8 decimal places.
- beiller 9y agoYou should probably clarify that 1 satoshi = 0.00000001 bitcoins, the current smallest unit. Now people say "we can move the decimal point", but I believe they are stored as 64 bit integers. Which means the smallest unit is not infinitely divisible without moving to say 128 bit integers (which is not much _more_ of a hurdle, but still slightly higher effort than implied by adding more precision).