Definition
A satoshi is the smallest unit of Bitcoin. One Bitcoin can be divided into 100 million satoshis, making Bitcoin highly divisible for transactions of any size. The term is named after Bitcoin’s creator, Satoshi Nakamoto. Satoshis allow users to send and receive tiny fractions of Bitcoin, which is particularly useful as Bitcoin’s value increases over time.
Simple Explanation
A satoshi is the smallest piece of Bitcoin, similar to how a paisa is a fraction of a rupee.
Example
Instead of buying 1 Bitcoin, a user may buy 500,000 satoshis.
Why It Matters
Satoshis make Bitcoin practical for everyday transactions and micro-payments.
Frequently Asked Questions
How many satoshis are in one Bitcoin?
One Bitcoin equals 100 million satoshis.
Can I buy satoshis instead of Bitcoin?
Yes, you can buy fractions of Bitcoin measured in satoshis.
Why is it called a satoshi?
It is named after Bitcoin creator Satoshi Nakamoto.