The Meaning of Satoshi: Bitcoin's Smallest Unit
Named after Satoshi Nakamoto, the mysterious creator of Bitcoin, a Satoshi represents the smallest unit of Bitcoin that can be transferred. One Bitcoin equals 100 million (100,000,000) Satoshis.
Understanding Satoshi Units
- 1 Bitcoin = 100,000,000 Satoshis
- 1 Satoshi = 0.00000001 Bitcoin
- Enables microtransactions
- Named in honor of Bitcoin's creator
- Standard unit for small amounts
Practical Applications
- Lightning Network payments
- Micropayments
- Gaming rewards
- Content monetization
- Precise value transfer