Cryptocurrency Q&A
What are small bitcoins called?
What are small bitcoins called?
TaekwondoMasterStrengthHonorGlory
Sun Nov 17 2024
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7 answers
1212
I've heard about bitcoins and how they are used in transactions, but I'm confused about a term I recently encountered. What are the smaller units of bitcoins commonly referred to as?
7 answers
Carolina
Tue Nov 19 2024
Yet, the name 'Satoshi' gained widespread acceptance and stuck among the crypto community.
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ethan_thompson_psychologist
Tue Nov 19 2024
A Satoshi signifies the smallest divisible unit of Bitcoin that is capable of being documented on the blockchain.
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ZenHarmony
Tue Nov 19 2024
From a mathematical perspective, one Satoshi is equivalent to an extremely minute fraction of a Bitcoin.
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Raffaele
Tue Nov 19 2024
Specifically, it equates to one hundred millionth of a Bitcoin, showcasing the divisible nature of this digital currency.
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GwanghwamunGuardian
Tue Nov 19 2024
This unit was named in honor of Bitcoin's pseudonymous founder, Satoshi Nakamoto.
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