Cryptocurrency Q&A What does 1 SAT mean?

What does 1 SAT mean?

EnchantedSky EnchantedSky Thu Dec 05 2024 | 6 answers 1365
I've been hearing about this cryptocurrency unit called 1 SAT, but I'm not sure what it actually represents. Could someone explain to me what 1 SAT stands for and its significance in the crypto world? What does 1 SAT mean?

6 answers

TaegeukChampionCourageousHeartWarrior TaegeukChampionCourageousHeartWarrior Sat Dec 07 2024
A Bitcoin consists of 100,000,000 satoshis, which are often abbreviated as "sats."

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Caterina Caterina Fri Dec 06 2024
Each satoshi represents a fractional part of a bitcoin, equivalent to 0.00000001 BTC.

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charlotte_bailey_doctor charlotte_bailey_doctor Fri Dec 06 2024
Satoshi Nakamoto's vision for a decentralized digital currency has led to the widespread adoption of Bitcoin.

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SamuraiHonor SamuraiHonor Fri Dec 06 2024
The satoshi serves as the smallest possible unit of bitcoin, allowing for precise transactions.

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Davide Davide Fri Dec 06 2024
The term "satoshi" is frequently used in discussions involving small amounts of bitcoin.

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