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LeoGlossary: Satoshi (Sats)

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How to get a Hive Account


A satoshi is the smallest unit of Bitcoin. It is often call "Sats" for short.

There are 100 million Satoshis in each Bitcoin. Thus, 1 Sat is worth 0.00000001 BTC.

Satoshi is often the unit of account used for micropayments on the Lightning Network.

This is named after the anonymous creator of Bitcoin, Satoshi Nakamoto

General:

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