Glossary term

Satoshi

Definition

The smallest unit of bitcoin: 1 BTC = 100,000,000 satoshis. Named after Satoshi Nakamoto, the creator of Bitcoin.

Example

Bitcoin fees are often quoted in satoshis per virtual byte, for example a fee rate of 10 sat/vB; a balance of 0.001 BTC equals 100,000 satoshis.

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