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SVTPerformance's Chain of Restaurants
Road Side Pub
Cryptocurrency Cardano (ADA)
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<blockquote data-quote="quad" data-source="post: 16559671" data-attributes="member: 17952"><p>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.</p><p></p><p><span style="font-size: 18px"><strong>THE RIGHT GWEI</strong></span></p><p>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.</p><p></p><p>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..</p><p></p><p>Whether you start at wei and go up, or start at ether and go down the denominations follow standard metric prefixes.</p><p></p><ul> <li data-xf-list-type="ul">1 Ether<br /> 1,000,000,000,000,000,000 WEI = 1 (EXA)WEI</li> <li data-xf-list-type="ul">1 (MILLI)ETHER = 0.001 ETHER<br /> 1,000,000,000,000,000 WEI = 1 (PETA)WEI</li> <li data-xf-list-type="ul">1 (MICRO)ETHER = 0.000001 ETHER<br /> 1,000,000,000,000 WEI = 1 (TERA)WEI</li> <li data-xf-list-type="ul">1 (Nano)ETHER = 0.000000001 ETHER<br /> 1,000,000,000 WEI = 1 (GIGA)WEI</li> <li data-xf-list-type="ul">1 (PICO)ETHER = 0.000000000001 ETHER<br /> 1,000,000 WEI = 1 (MEGA)WEI</li> <li data-xf-list-type="ul">1 (FEMTO)ETHER = 0.000000000000001 ETHER<br /> 1,000 WEI = 1 (KILO)WEI</li> <li data-xf-list-type="ul">1 (ATTO)ETHER = 0.000000000000000001 ETHER<br /> 1 WEI</li> </ul></blockquote><p></p>
[QUOTE="quad, post: 16559671, member: 17952"] 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. [size=5][b]THE RIGHT GWEI[/b][/size] 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. [LIST] [*]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 [/LIST] [/QUOTE]
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SVTPerformance's Chain of Restaurants
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