TESTNET - MEDIUM OF EXCHANGE - DIGITAL ASSET - SATOSHI -

rspower (48)in #cryptocurrency • 6 years ago


TESTNET	there are 100 million satoshis in a single bitcoin. the smallest unit of bitcoin possible. ^{Source + Source}
MEDIUM OF EXCHANGE	fiat currencies are the generally accepted mediums of exchange. their most important and essential function is to provide a measure of value. is an intermediary used in trade to avoid the inconveniences of a pure barter system. ^{Source + Source}
DIGITAL ASSET	data that do not possess that right are not considered assets. digital assets include but are not exclusive to: digital documents, audible content, motion picture, and other relevant digital data that are currently in circulation or are, or will be stored on digital appliances. anything that exists in a binary format and comes with the right to use. ^{Source + Source}
SATOSHI	used by developers, it's a test blockchain to prevent expending assets on the main chain.^{Source + Source}


TESTNET	used by developers, it's a test blockchain to prevent expending assets on the main chain.^{Source + Source}
MEDIUM OF EXCHANGE	fiat currencies are the generally accepted mediums of exchange. their most important and essential function is to provide a measure of value. is an intermediary used in trade to avoid the inconveniences of a pure barter system. ^{Source + Source}
DIGITAL ASSET	data that do not possess that right are not considered assets. digital assets include but are not exclusive to: digital documents, audible content, motion picture, and other relevant digital data that are currently in circulation or are, or will be stored on digital appliances. anything that exists in a binary format and comes with the right to use. ^{Source + Source}
SATOSHI	there are 100 million satoshis in a single bitcoin. the smallest unit of bitcoin possible. ^{Source + Source}

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