Cryptocurrency Cardano (ADA)

quad

quad

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MG0h3 said:
The reason I look at these like a stock is because I don’t believe for one second that the Gov will allow it to even remotely challenge the dollar before they take control of it.

anyone think the Government will allow major commerce to take place with money that they can’t tax 5 different ways? Ya right.

look how they look at money and “rich” people now. All BTC is held by a tiny tiny percent of people. How do poors, and even very rich/powerful people that never got any BTC have money? Gov “prints” more BTC. They would also have to devalue it to make it usable for people that didn’t buy when it was cheap.
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Bitcoin and Ethereum are divided into smaller units. If Bitcoin and Ethereum's value rises dramatically it could be feasible that people start thinking in terms of Satoshi or Gwei for some transactions.

One Satoshi is the smallest unit of Bitcoin, each Bitcoin is divisible to the 8th decimal place, so each Bitcoin can be split into 100,000,000 units. Each unit of bitcoin, or 0.00000001 bitcoin, is a Satoshi.

Gwei is a unit of ether which stands for gigawei, or rather 1,000,000,000 wei. Wei is the smallest unit or the base unit of ether. You can think of wei like what cents are to the US dollar or satoshis are to Bitcoin. The denominations of ether follow a measurement system akin to the metric system.
 
quad

quad

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Like fiat or physical currency, cryptocurrencies are broken down by denominations, like pennies to a dollar. Ether, the currency of the Ethereum network, is broken into many denominations.

THE RIGHT GWEI
Think of the smallest unit of ether – wei – as a penny. It takes a whole bunch of wei to make an ether. 10^18 wei, to be exact.

10^9 wei is a gwei. Gwei is most commonly used when talking about gas (network transaction fees). Rather than saying your gas cost is 0.000000001 ether you can say 1 gwei..

Whether you start at wei and go up, or start at ether and go down the denominations follow standard metric prefixes.

  • 1 Ether
    1,000,000,000,000,000,000 WEI = 1 (EXA)WEI
  • 1 (MILLI)ETHER = 0.001 ETHER
    1,000,000,000,000,000 WEI = 1 (PETA)WEI
  • 1 (MICRO)ETHER = 0.000001 ETHER
    1,000,000,000,000 WEI = 1 (TERA)WEI
  • 1 (Nano)ETHER = 0.000000001 ETHER
    1,000,000,000 WEI = 1 (GIGA)WEI
  • 1 (PICO)ETHER = 0.000000000001 ETHER
    1,000,000 WEI = 1 (MEGA)WEI
  • 1 (FEMTO)ETHER = 0.000000000000001 ETHER
    1,000 WEI = 1 (KILO)WEI
  • 1 (ATTO)ETHER = 0.000000000000000001 ETHER
    1 WEI
 
MG0h3

MG0h3

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quad said:
Bitcoin and Ethereum are divided into smaller units. If Bitcoin and Ethereum's value rises dramatically it could be feasible that people start thinking in terms of Satoshi or Gwei for some transactions.

One Satoshi is the smallest unit of Bitcoin, each Bitcoin is divisible to the 8th decimal place, so each Bitcoin can be split into 100,000,000 units. Each unit of bitcoin, or 0.00000001 bitcoin, is a Satoshi.

Gwei is a unit of ether which stands for gigawei, or rather 1,000,000,000 wei. Wei is the smallest unit or the base unit of ether. You can think of wei like what cents are to the US dollar or satoshis are to Bitcoin. The denominations of ether follow a measurement system akin to the metric system.
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That’s racist.
 

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