Possible to change the number of units for an already issued asset?

+1 vote
Hi Multichain folks,

Is it possible to change the units for an already issued asset.
asked Sep 23, 2017 by StevenChan

1 Answer

0 votes

If an asset is issued as open, then its possible for the original issuer to create further units of the asset using the issuemore(from) API command. See also this tutorial for more information: https://www.multichain.com/developers/asset-reissuance/

answered Sep 25, 2017 by MultiChain
Actually I meant this: let's say the asset issued initially has a minimum unit size of 1 can I can the asset to be able to issue a minimum unit size of 0.01?
No, I'm afraid this is not possible. It would require a change in all the existing unspent transaction outputs to multiply up the raw quantities. Your best bet would be to issue a new asset and then allow people to exchange one for the other.