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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

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