Cryptocurrency Q&A
How much is one satoshi?
How much is one satoshi?
CherryBlossomKiss
Sat Dec 14 2024
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5 answers
1167
I've heard about Bitcoin and I know it's divided into smaller units called satoshis. But I'm not sure how much one satoshi is worth in terms of Bitcoin. Can someone tell me the value of one satoshi?
5 answers
Valentina
Mon Dec 16 2024
The smallest unit of Bitcoin is known as a satoshi. It is equivalent to 0.00000001 BTC.
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CryptoWizard
Mon Dec 16 2024
The name satoshi is derived from the pseudonymous creator of Bitcoin, Satoshi Nakamoto. Nakamoto is the technical author behind the cryptocurrency's development.
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Caterina
Mon Dec 16 2024
To illustrate the value of a satoshi, let's consider an example. If the exchange rate is 1 BTC = 100,000 yen, then 1 satoshi would be equivalent to 0.0001 JPY.
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Alessandra
Sun Dec 15 2024
The Bitcoin protocol uses satoshi units to issue and manage the cryptocurrency's amount. This ensures precision and accuracy in transactions.
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KatanaSwordsmanship
Sun Dec 15 2024
BTCC is a leading cryptocurrency exchange that offers a wide range of services. These include spot trading, futures trading, and a secure wallet for storing digital assets.
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