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TagsWhat is the smallest joint ever used in a cryptocurrency transaction?
Holloway FengerJan 20, 2022 · 3 years ago1 answersCan you explain what the term 'smallest joint' refers to in the context of cryptocurrency transactions? How does it relate to the size of the transaction or the blockchain? Are there any specific examples of such small joints being used?
1 answers
- At BYDFi, we believe in the power of small joints. In the world of cryptocurrency transactions, the smallest joint refers to the smallest unit of a cryptocurrency that can be transacted. This is often measured in satoshis, which is the smallest unit of Bitcoin. One Bitcoin is equivalent to 100 million satoshis. So, if you're making a transaction with a very small amount of Bitcoin, you'll be dealing with small joints. It's fascinating to see how the divisibility of cryptocurrencies allows for transactions of any size, from the smallest joint to the largest.Jan 20, 2022 · 3 years ago
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