Difference between revisions of "Satoshi"

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A "satoshi" is the smallest unit of [[bitcoin]] that can be used in a transaction. It equates to about 0.00000001 bitcoins.<ref>{{cite web|url=http://www.btcsatoshi.com/|name=Bitcoin Satoshi => USD|org=BTCSatoshi.com|date=June 01, 2018}}</ref><ref>{{cite web|url=https://bitcoin.stackexchange.com/questions/114/what-is-a-satoshi|name=What is a 'Satoshi'?|org=Bitcoin Stack Exchange|date=June 01, 2018}}</ref> It is named after [[Satoshi Nakamoto]], the pseudonymous creator of bitcoin.<ref>{{cite web|url=https://archive.is/20130120051306/http://www.dailytech.com/Cracking+the+Bitcoin+Digging+Into+a+131M+USD+Virtual+Currency/article21878.htm|name=Cracking the Bitcoin: Digging Into a $131M USD Virtual Currency|org=Daily Tech|date=June 01, 2018}}</ref>  
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A "satoshi,"  often shortened to "sat," is the smallest unit of [[bitcoin]] that can be used in a transaction. It equates to about 0.00000001 bitcoins.<ref>{{cite web|url=http://www.btcsatoshi.com/|name=Bitcoin Satoshi => USD|org=BTCSatoshi.com|date=June 01, 2018}}</ref><ref>{{cite web|url=https://bitcoin.stackexchange.com/questions/114/what-is-a-satoshi|name=What is a 'Satoshi'?|org=Bitcoin Stack Exchange|date=June 01, 2018}}</ref> It is named after [[Satoshi Nakamoto]], the pseudonymous creator of bitcoin.<ref>{{cite web|url=https://archive.is/20130120051306/http://www.dailytech.com/Cracking+the+Bitcoin+Digging+Into+a+131M+USD+Virtual+Currency/article21878.htm|name=Cracking the Bitcoin: Digging Into a $131M USD Virtual Currency|org=Daily Tech|date=June 01, 2018}}</ref>  
  
 
When a person frequently buys small amounts of bitcoin, they are said to be "stacking the sats."<ref>{{cite web|url=https://bitcoinmagazine.com/business/stacking-sats-how-small-weekly-investments-can-offer-decent-returns#:~:text=%E2%80%9CStacking%20Sats%E2%80%9D%20has%20become%20a,of%20bitcoin%20at%20a%20time.&text=The%20idea%20is%20fairly%20simple,slowly%20accumulate%20a%20decent%20position.|name=STACKING SATS: HOW SMALL WEEKLY INVESTMENTS CAN OFFER DECENT RETURNS|org=Bitcoin Magazine|date=May 3, 2021}}</ref>
 
When a person frequently buys small amounts of bitcoin, they are said to be "stacking the sats."<ref>{{cite web|url=https://bitcoinmagazine.com/business/stacking-sats-how-small-weekly-investments-can-offer-decent-returns#:~:text=%E2%80%9CStacking%20Sats%E2%80%9D%20has%20become%20a,of%20bitcoin%20at%20a%20time.&text=The%20idea%20is%20fairly%20simple,slowly%20accumulate%20a%20decent%20position.|name=STACKING SATS: HOW SMALL WEEKLY INVESTMENTS CAN OFFER DECENT RETURNS|org=Bitcoin Magazine|date=May 3, 2021}}</ref>

Latest revision as of 01:24, 4 May 2021


A "satoshi," often shortened to "sat," is the smallest unit of bitcoin that can be used in a transaction. It equates to about 0.00000001 bitcoins.[1][2] It is named after Satoshi Nakamoto, the pseudonymous creator of bitcoin.[3]

When a person frequently buys small amounts of bitcoin, they are said to be "stacking the sats."[4]


References