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

Question

Hi Multichain folks,

Is it possible to change the units for an already issued asset.

Answer 1

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/

Comments

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?

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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.