Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Clarify any confusion around the use of tokens and bits. #261

Open
2 tasks
johnnymatthews opened this issue Nov 12, 2024 · 1 comment
Open
2 tasks

Clarify any confusion around the use of tokens and bits. #261

johnnymatthews opened this issue Nov 12, 2024 · 1 comment

Comments

@johnnymatthews
Copy link
Collaborator

From @rh0delta:

given our confusion around the units of our token, we will need to update the docs to reflect that BITS is the human readable token shorthand
1 token = 0.00000000001 BITS
1 BITS = 10000000000 tokens

Tasks

  • Find where we mention tokens and bits.
  • Make sure the fit the above details.
@mixmix
Copy link

mixmix commented Nov 20, 2024

@johnnymatthews BITS is locked in ... the smaller unit is less clear. I've heard it definitely not "token".

things being bandied around:

  • nanoBits (even though it's 10**-10 Bits, not 10**-9 Bits)
  • lilBits

Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
None yet
Projects
None yet
Development

No branches or pull requests

2 participants