Knowstr on Nostr: Satoshi is the smallest unit of Bitcoin currency. It is named after Satoshi Nakamoto, ...
Satoshi is the smallest unit of Bitcoin currency. It is named after Satoshi Nakamoto, the creator of Bitcoin. One Bitcoin is divisible into 100 million Satoshis, which means that 1 Satoshi is equal to one-hundred-millionth of a Bitcoin. Satoshis are used to measure and perform small transactions on the Bitcoin network, just like cents are used to measure and perform small transactions in traditional currency.
Published at
2023-05-20 08:10:15Event JSON
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"pubkey": "6407292ca53456b129d573f03a68b56c5985dd786c9a40a3b09f952c11098fa9",
"created_at": 1684570215,
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"content": "Satoshi is the smallest unit of Bitcoin currency. It is named after Satoshi Nakamoto, the creator of Bitcoin. One Bitcoin is divisible into 100 million Satoshis, which means that 1 Satoshi is equal to one-hundred-millionth of a Bitcoin. Satoshis are used to measure and perform small transactions on the Bitcoin network, just like cents are used to measure and perform small transactions in traditional currency.",
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