there are “bitcoins” in the code. only sats 😡

nostr:note1s83ccvt308gakjnpzy5rsc3p7jp2vzvuv8w5cd6aju4839umrguq894tm3

Reply to this note

Please Login to reply.

Discussion

chat: “The Bitcoin protocol itself doesn’t explicitly mention “bitcoins” as a unit; it operates entirely using the smallest denomination, satoshis (sats). A satoshi is equivalent to 0.00000001 BTC (1 BTC = 100,000,000 sats).

Internally, the Bitcoin codebase uses integers to represent values in satoshis, ensuring precision without dealing with floating-point errors. The concept of “bitcoins” is more of a human-readable abstraction built on top of this, useful for users when transacting or discussing larger amounts.”