Questions tagged [sat]

EnchantedDreams Tue Dec 24 2024 | 5 answers 928

The SAT unit of Bitcoin represents the smallest denomination of the cryptocurrency, named after its creator Satoshi Nakamoto. One SAT is equivalent to one hundred millionth of a Bitcoin, making it useful for smaller transactions. This unit helps in facilitating granular payments without the need to use the entire Bitcoin, thus enhancing the usability and flexibility of the digital currency.

DigitalLegend Wed Nov 27 2024 | 5 answers 1439

I'm trying to understand the meaning of SAT in the context of Bitcoin. I've encountered this term several times while exploring Bitcoin and its related concepts, and I want to clarify its definition and usage.

Andrea Wed Nov 27 2024 | 7 answers 1542

I heard about the SAT in the context of Bitcoin and I'm wondering what it stands for. Is it a special term or acronym used in the Bitcoin or cryptocurrency world? If so, what does it represent and how is it related to Bitcoin?

TaekwondoPower Sat Sep 28 2024 | 6 answers 1367

Could you please clarify the value of one Bitcoin satoshi? I understand that it's a fraction of a Bitcoin, but I'm not exactly sure what the exact worth is at the moment. Is there a standard way to calculate it, or does it vary depending on the market? I'm curious to know how much one of these smallest units of Bitcoin is worth and how it can be converted into other currencies or used in transactions.

ZenMindfulness Thu Aug 29 2024 | 7 answers 1526

Excuse me, could you possibly clarify what exactly you mean by "a sat in Bitcoin"? Are you referring to the smallest unit of Bitcoin, known as a satoshi? If so, a satoshi is simply a fraction of a Bitcoin, with one Bitcoin being equal to 100 million satoshis. The value of a satoshi in terms of traditional currency can vary depending on the current market price of Bitcoin, but it's typically a very small amount. Is that what you were asking about?