Cryptocurrency Q&A Why is Bitcoin called satoshi?

Why is Bitcoin called satoshi?

Pietro Pietro Tue Dec 17 2024 | 7 answers 1438
I've heard that Bitcoin is sometimes referred to as 'satoshi'. I'm curious about the reason behind this nickname. Is it named after someone or does it have a special meaning in the cryptocurrency world? Why is Bitcoin called satoshi?

7 answers

MysticChaser MysticChaser Thu Dec 19 2024
It represents the smallest unit of bitcoin.

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benjamin_rose_author benjamin_rose_author Thu Dec 19 2024
Specifically, one satoshi equals 100 millionth of a single bitcoin.

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EmilyJohnson EmilyJohnson Thu Dec 19 2024
This denomination allows for more granular transactions.

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SamuraiCourageous SamuraiCourageous Thu Dec 19 2024
The naming of the satoshi has an interesting backstory.

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SeoulSerenitySeekerPeaceLover SeoulSerenitySeekerPeaceLover Thu Dec 19 2024
A satoshi holds a unique position in the digital currency world.

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