Satoshi
Satoshis, often abbreviated to “sats”, are the atomic unit of Bitcoin, named after Bitcoin’s creator, Satoshi Nakamoto.
Satoshis, often abbreviated to “sats”, are the atomic unit of Bitcoin, named after Bitcoin’s creator, Satoshi Nakamoto. A single Bitcoin represents 100 million satoshis (1 BTC = 100,000,000 sats). Thus, there will only ever be 21 million bitcoin, and there will only ever be 2.1 quadrillion sats.
This feature makes Bitcoin more divisible, enabling payments smaller than $0.01 at current prices. In Bitcoin’s codebase, all values are actually denominated in satoshis, and the unit Bitcoin is only used by markets and those discussing Bitcoin.
Satoshi is a concept relevant to Bitcoin, finance, or blockchain technology that investors should understand. Onramp's comprehensive Bitcoin glossary provides clear explanations of Satoshi and hundreds of other terms to support informed investment decisions.
Frequently Asked Questions
What is Satoshi?
Satoshi is a term used in Bitcoin, finance, or blockchain technology. Understanding Satoshi helps investors and enthusiasts build a stronger foundation of knowledge about digital assets and financial markets.
Why is Satoshi important?
Satoshi is relevant to understanding how Bitcoin, financial markets, or blockchain technology operates. Knowledge of such concepts helps investors make better-informed decisions about their portfolios.
Where can investors learn more about Satoshi?
Onramp's Bitcoin glossary offers detailed, accessible explanations of Satoshi and over 500 other terms related to Bitcoin, finance, and blockchain technology for investors at all experience levels.
