Difference between revisions of "Satoshis"
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[[File:Satoshi (unit).png|right|450px|What is Satoshi? How many Satoshi in a Bitcoin?]] | [[File:Satoshi (unit).png|right|450px|What is Satoshi? How many Satoshi in a Bitcoin?]] | ||
| − | '''Satoshi''' is a structural part of the [[Bitcoin]] | + | |
| + | '''Satoshi''' is a structural part of the [[Bitcoin Satoshi Vision| Bitcoin]] cryptocurrency, which is one hundred millionth of bitcoin. Such small units facilitate transactions with BTC. The total structural component of 1 bitcoin (BTC) is equivalent to 1000 millibits (mBTC), 1,000,000 microbe (mkBTC) or 100,000,000 Satoshi. The exact data is unknown, but it is assumed that Nakamoto can have 1 million BTC, and it is equivalent to 100 000 000 000 Satoshis. | ||
A Satoshi is the smallest division of a bitcoin and the base unit of exchange on the Bitcoin SV network. There are 100,000,000 satoshis in 1 bitcoin. The unit is named after [[Satoshi Nakamoto]], the pseudonymous author of the 2008 Bitcoin whitepaper. | A Satoshi is the smallest division of a bitcoin and the base unit of exchange on the Bitcoin SV network. There are 100,000,000 satoshis in 1 bitcoin. The unit is named after [[Satoshi Nakamoto]], the pseudonymous author of the 2008 Bitcoin whitepaper. | ||
Revision as of 11:31, 17 February 2020
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Satoshi is a structural part of the Bitcoin cryptocurrency, which is one hundred millionth of bitcoin. Such small units facilitate transactions with BTC. The total structural component of 1 bitcoin (BTC) is equivalent to 1000 millibits (mBTC), 1,000,000 microbe (mkBTC) or 100,000,000 Satoshi. The exact data is unknown, but it is assumed that Nakamoto can have 1 million BTC, and it is equivalent to 100 000 000 000 Satoshis.
A Satoshi is the smallest division of a bitcoin and the base unit of exchange on the Bitcoin SV network. There are 100,000,000 satoshis in 1 bitcoin. The unit is named after Satoshi Nakamoto, the pseudonymous author of the 2008 Bitcoin whitepaper.
Satoshis are represented as integers where 1 satoshi is the smallest unit of the Bitcoin cryptocurrency.
A single Bitcoin is a human construct, as any value of Bitcoin less than 100,000,000 satoshis are actually treated integers in the code, not decimals.