What is the smallest byte size used in digital currencies?

3 answers

• Apr 16, 2022 · 3 years ago
  The smallest byte size commonly used in digital currencies is 1 byte. This is the basic unit of information storage in computers and is used to represent small amounts of data. For example, in Bitcoin, a single byte can represent a transaction input or output. It's important to note that larger byte sizes are also used in digital currencies for more complex data structures and operations.
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• Apr 16, 2022 · 3 years ago
  When it comes to the smallest byte size used in digital currencies, it's 1 byte. This tiny unit of information is used to store and represent various data in the digital currency ecosystem. From transaction inputs and outputs to simple data storage, 1 byte is the building block of digital currencies. However, it's worth mentioning that larger byte sizes are also utilized for more intricate operations and structures within the digital currency realm.
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• Apr 16, 2022 · 3 years ago
  The smallest byte size commonly used in digital currencies is 1 byte. This byte size is used to represent basic data elements in digital currencies, such as transaction inputs and outputs. However, it's important to note that digital currencies also utilize larger byte sizes for more complex data structures and operations. For example, in the Ethereum blockchain, a single byte can represent a boolean value or a small integer, while larger byte sizes are used for more extensive data storage and computation.
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