Skip to main content

Satoshi

Satoshi​

A Satoshi is the smallest unit of Bitcoin, named after its creator. One Bitcoin is equal to 100,000,000 Satoshis. The concept of Satoshis allows for fine-grained transactions and microtransactions within the Bitcoin network.

Key Characteristics​

  • Divisibility: Satoshis enable Bitcoin to be divided into very small units, facilitating transactions of all sizes.
  • Naming: Named in honor of Satoshi Nakamoto, the pseudonymous creator of Bitcoin.

Importance​

  • Microtransactions: Satoshis make it possible to conduct very small transactions, which is essential for various applications and services that require micro-payments.
  • Adoption and Usability: The divisibility into Satoshis enhances the usability of Bitcoin, allowing it to be used for a wider range of transactions.