Saturday, 9 January 2016

What is Satoshi?

A satoshi is currently the smallest fraction of a Bitcoin. The unit has been named "satoshi" in collective homage to the founder Bitcoin, Satoshi Nakamoto. Satoshi are to Bitcoin like Pennies are to Dollars - just smaller.

1 Satoshi = 0.00000001 BTC
10 Satoshi = 0.0000001 BTC
100 Satoshi = 0.000001 BTC
1,000 Satoshi = 0.00001 BTC
10,000 Satoshi = 0.0001 BTC
100,000 Satoshi = 0.001 BTC
10,0000,000 Satoshi = 1BTC

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