Cryptocurrency Q&A
What does SAT mean in Bitcoin?
What does SAT mean in Bitcoin?
DigitalLegend
Wed Nov 27 2024
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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.
5 answers
Caterina
Fri Nov 29 2024
Each satoshi signifies a minute fraction of a bitcoin, equivalent to 0.00000001 BTC.
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Ilaria
Fri Nov 29 2024
This makes the satoshi the smallest denomination of Bitcoin that can be used in transactions.
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Martina
Fri Nov 29 2024
The term satoshi is frequently abbreviated as "sat" for simplicity.
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CryptoElite
Fri Nov 29 2024
It is interesting to note that the satoshi is named after Bitcoin's pseudonymous creator, Satoshi Nakamoto.
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Valentina
Fri Nov 29 2024
A Bitcoin is divisible into 100,000,000 smaller units known as satoshis.
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