Want to know what
satoshi really is? The
satoshi is the crypto-smallest unit of
bitcoin. It is named after Satoshi Nakamoto, the protocol developer used in blockchains, and the cryptocurrency bitcoin. The ratio of satoshi to bitcoin is one bitcoin per 100 million satoshis. According to Coindesk, as of Sept. 28, 2019 $1 was worth 12,270 satoshi.
 |
| What is Satoshi? |
The table below provides information on how many
Satoshis in a Bitcoins, depending on their quantity:
| Satoshi | BTC |
|---|
| 1 | 0.00000001 |
| 10 | 0.0000001 |
| 100 | 0.000001 |
| 1 000 | 0.00001 |
| 10 000 | 0.0001 |
| 100 000 | 0.001 |
| 1 000 000 | 0.01 |
| 10 000 000 | 0.1 |
| 100 000 000 | 1 |
Thus, 1
Satoshi = 0.00000001
BTC.
Nakamoto has confirmed that research started in 2007 on writing the Bitcoin application. He or a colleague registered the domain name bitcoin.org in August 2008, and built a website at that location. In October 2008, he wrote a paper called "Bitcoin: A Peer-to-Peer Electronic Cash System" on the cryptography mailing list at metzdowd.com defining a distributed cryptocurrency.
