A satoshi is the smallest unit of Bitcoin, equivalent to 0.00000001 BTC. Named after Bitcoin’s mysterious creator, Satoshi Nakamoto, this unit allows for very precise transactions and micro-payments.
The concept of a satoshi is crucial for understanding Bitcoin’s divisibility and its ability to accommodate transactions of all sizes.
It is widely recognized in the cryptocurrency community and forms the basis for fractional ownership and everyday transactions on the Bitcoin network.
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