sheldon scofieldDec 17, 2021 · 3 years ago2 answers How many bits are needed to represent a dollar in the world of cryptocurrency?
In the world of cryptocurrency, how many bits are required to represent the value of one dollar? I'm curious about the technical aspects of digital currencies and how they handle the representation of traditional fiat currencies like the dollar. Can someone explain the specific number of bits needed and how it relates to the value of a dollar in the cryptocurrency world?