Satoshi - Definition (What is)

in #satoshis • 8 years ago

Commonly referred to as SATS, Satoshi’s are the way that we price a cryptocurrency when we are not referring to its price in fiat. The name is derived from the creator of Bitcoin, Satoshi Nakamoto. A satoshi is the smallest fraction of a bitcoin that can be sent, which is a hundredth of a millionth of a bitcoin (0.00000001). This smallest fraction would be called one satoshi.

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8 years ago in #satoshis by
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