diff --git a/resources/moneropedia/denominations.md b/resources/moneropedia/denominations.md new file mode 100644 index 00000000..24bda241 --- /dev/null +++ b/resources/moneropedia/denominations.md @@ -0,0 +1,36 @@ +--- +layout: moneropedia +entry: "Denominations" +terms: ["denominations", "subunits", "tacoshi", "piconero", "nanonero", "micronero", "millinero", "centinero", "decinero","decanero","hectonero","kilonero","meganero","giganero"] +summary: "A denomination is a proper description of a currency amount. It is oftentimes a sub-unit of the currency. For example, traditionally a cent is 1/100th of a a particular unit of currency.)" +--- + +### The Basics + +A denomination is a proper description of a currency amount, oftentimes a sub-unit of the currency (for example, traditionally a cent is 1/100th of a a unit of currency). Monero denomination names add SI prefixes after dropping the initial "mo" for ease of use. The smallest unit of Monero is 1 piconero (0.000000000001 XMR). + +### Denominations of Monero + +|------------+----------+-------------------| +| Name | Base 10 | Amount | +|-----------:|:--------:| -----------------:| +| piconero | 10^-12 | 0.000000000001 | +| nanonero | 10^-9 | 0.000000001 | +| micronero | 10^-6 | 0.000001 | +| millinero | 10^-3 | 0.001 | +| centinero | 10^-2 | 0.01 | +| decinero | 10^-1 | 0.1 | +|============+==========+===================| +| **monero** | **10^0** | **1** | +|============+==========+===================| +| decanero | 10^1 | 10 | +| hectonero | 10^2 | 100 | +| kilonero | 10^3 | 1,000 | +| meganero | 10^6 | 1,000,000 | +|------------+----------+-------------------| + +### In-depth Information + +Support for input using SI prefixes was [added to the Monero codebase](https://github.com/monero-project/monero/pull/1826) on March 3, 2017 by [Moneromooo](https://github.com/moneromooo-monero). The smallest unit of monero (10^-12 XMR) was originally called a tacoshi in honor of user [Tacotime](https://bitcointalk.org/index.php?action=profile;u=19270), an early Monero contributor and was later renamed for ease of use and consistancy. + +{{ page.summary | capitalize }}.