From 74bf08680b205b33e9f2f898cb143b75a9a52843 Mon Sep 17 00:00:00 2001 From: laboon Date: Thu, 12 Sep 2019 13:17:59 -0400 Subject: [PATCH] Update DOT precision --- docs/polkadot/learn/DOT.md | 8 ++++---- 1 file changed, 4 insertions(+), 4 deletions(-) diff --git a/docs/polkadot/learn/DOT.md b/docs/polkadot/learn/DOT.md index 8137ec00..d04b8baa 100644 --- a/docs/polkadot/learn/DOT.md +++ b/docs/polkadot/learn/DOT.md @@ -5,7 +5,7 @@ DOT is the native token of the Polkadot network in a similar way that BTC is the native token of Bitcoin or Ether is the native token of the Ethereum Blockchain. -Currently, DOTs have 15 decimal places, while the smallest unit is called the Planck. You can compare the Planck to Satoshis or Wei, while the DOT is like a bitcoin or an ether. +DOTs on the Alexander testnet have 15 decimal places, while those on Kusama have 12. The smallest unit is called the Planck. You can compare the Planck to Satoshis or Wei, while the DOT is like a bitcoin or an ether. **The table show as below is the old version.** @@ -25,7 +25,7 @@ Currently, DOTs have 15 decimal places, while the smallest unit is called the Pl Planck| 1 Point | 3 Microdot (UDOT)| 6 -Millidot (MDOT)| 9 +Millidot (MDOT)| 9 Dot (DOT) | 12 Blob | 15 @@ -35,9 +35,9 @@ DOTs serve three key functions in Polkadot, (i) to be used for governance of the ### DOTs for governance -The first function of DOTs will be to entitle holders to control of the governance of the platform. Some functions which will be included under the governance mechanism include determining the fees of the network, the addition or removal of parachains, and exceptional events such as upgrades and fixes to the Polkadot platform. +The first function of DOTs will be to entitle holders to control of the governance of the platform. Some functions which will be included under the governance mechanism include determining the fees of the network, the addition or removal of parachains, and exceptional events such as upgrades and fixes to the Polkadot platform. -The governance mechanism will not be formally granted to all holders of DOTs but rather the underlying code of Polkadot will enable a holder of DOTs to participate in governance. +The governance mechanism will not be formally granted to all holders of DOTs but rather the underlying code of Polkadot will enable a holder of DOTs to participate in governance. ### DOTs for consensus