I'm trying to understand the term SATs in the context of Bitcoin. I've heard it being used and I'm curious to know what it stands for and how it relates to
Bitcoin transactions or the Bitcoin network.
7 answers
ZenHarmony
Fri Dec 06 2024
Each satoshi holds a value equivalent to 0.00000001 BTC.
Federico
Fri Dec 06 2024
This fractional unit allows for greater flexibility in transactions.
NebulaNavigator
Fri Dec 06 2024
Users can send and receive amounts in satoshis, catering to various financial needs.
CharmedWhisper
Fri Dec 06 2024
A
Bitcoin is divisible into 100,000,000 smaller units known as satoshis.
DavidJohnson
Fri Dec 06 2024
These satoshis, often abbreviated as “sats,” serve as the smallest possible unit of bitcoin.