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What is the difference between 7 bit, 8 bit and Unicode Character sets?

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What is the difference between 7 bit, 8 bit and Unicode Character sets?

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A 7 bit character set only knows 128 symbols (2^7) An 8 bit character set knows 256 symbols (2^8) Unicode (UTF-8) is a multibyte character set. Unicode has the capability to define over a million characters. For more information on Unicode see the white paper Oracle Unicode Database Support.

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