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What is Satoshi?
Satoshi refers both to a unit of measurement in Bitcoin equivalent to one hundred millionth of a Bitcoin (0.00000001 BTC) and as an homage to Bitcoin's pseudonymous creator, Satoshi Nakamoto.
Understanding satoshis allows users to make microtransactions without dealing with large Bitcoin denominations directly. This unit has become widely adopted within the crypto community for discussing smaller transactions.
How to use the term?
You could say: "I bought 5000 satoshis during my last transaction."
Disclaimer:
It is highly recommended to conduct thorough research prior to making any financial decisions. Please note that this article's purpose is solely for educational purposes and the author and the organization, M2, do not influence the reader's investment or trading choices.
