Satoshi | bitFlyer (2024)

A satoshi is the smallest unit of Bitcoin currency. 1 satoshi = 0.00000001BTC. satoshi is the namesake of the technical author and creator of Bitcoin, satoshi Nakamoto.

Example: If 1 BTC = 100,000 yen, 1 satoshi = 0.0001 JPY.

In the Bitcoin protocol, the amount issued is in satoshi units. Major APIs also often display in satoshi units, so it is important not to mistake the units / order of magnitude.

It is possible that the system will be able to handle units smaller than 1 satoshi in the future.

Payments of less than 546 satoshi are usually referred to as "dust" and are generally not relayed or mined.

Satoshi | bitFlyer (2024)

FAQs

What was the last message by satoshi? ›

'I've moved on to other things' — Satoshi Nakamoto's final email revisited after 13 years. In the last known communication in 2011, Satoshi Nakamoto disclosed they had moved on to other things, handing over Bitcoin to the community.

Is the satoshi app legit? ›

Satoshi Mining Stream / Satoshi Global is not a trusted broker because it is not regulated by a financial authority with strict standards. We recommend you open an account only with brokers that are overseen by a top-tier and stringent regulator.

Why is satoshi hiding? ›

Privacy and Security Concerns: By remaining anonymous, Satoshi Nakamoto protected his personal privacy and reduced the risk of being targeted by hackers, criminals, or government authorities. Bitcoin was designed to be decentralized and resistant to censorship, and Nakamoto's anonymity helped maintain that ethos.

How much is 1 satoshi worth? ›

1 SATS = 0.0002616 USD.

Who owns the most Bitcoin after Satoshi? ›

Bitcoin Billionaires

Not including Satoshi, three bitcoin addresses contain more than 100,000 bitcoin each. The three addresses with the most bitcoin belong to Binance, Bitfinex, and another address, whose identity is unknown. These four addresses collectively own more than 577,502 bitcoin.

What day did Satoshi disappear? ›

Although Nakamoto posted their last message on Dec. 12, 2010, they had stepped away from the spotlight in April 2010. But Nakamoto left behind a digital currency and a legacy that has grown beyond anyone's imagination.

Can you cash out Satoshi? ›

Can I Sell Core Satoshi? Yes, after you've successfully withdrawn your Core from Satoshi to Metamask wallet. Now, you can easily transfer your coins to the MEXC exchange platform. Start trading them for USDT or any other crypto assets.

Is Satoshi Nakamoto a real person? ›

Key Takeaways. Satoshi Nakamoto is the pseudonym used by the creator or creators of Bitcoin. The identity of Satoshi Nakamoto is not publicly known. One of the first major public investigations ended with Dorian Nakamoto being identified as Bitcoin's creator, but he continues to decline the claim.

Is Satoshi bitcoin mining legit? ›

Originally Answered: Is Core Mining (Satoshi BTCs) legit? Yes, Core Mining is a legitimate bitcoin mining operation.

Who owns the most Bitcoin? ›

Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is believed to own the most bitcoins, with estimates suggesting over 1 million BTC mined in the early days of the network.

Who is the true owner of Bitcoin? ›

The truth about who founded bitcoin. The legend of Satoshi Nakamoto, the anonymous bitcoin founder, is a mystery built for the digital age. His true identity has become mythologized, and while no one knows who he is, he's become a symbol of a new era of freedom in finance and technology.

Who truly started Bitcoin? ›

Satoshi Nakamoto is the name used by the presumed pseudonymous person or persons who developed Bitcoin, authored the Bitcoin white paper, and created and deployed Bitcoin's original reference implementation.

How many Satoshis make $1 dollar? ›

Convert US Dollar to Satoshi
USDSATS
1 USD5,921.33 SATS
5 USD29,607 SATS
10 USD59,213 SATS
25 USD148,033 SATS
5 more rows

Will 1 satoshi equal 1 dollar? ›

The value of 1 Satoshi is always 100 millionth of a Bitcoin. Because it is a smaller unit of the famous coin, their values are inextricably tied together. So for one Satoshi to be worth $1, the value of one Bitcoin would have to reach $100 million.

How much is $1 bitcoin in US dollars? ›

BTC to USD
AmountToday at 2:36 am
0.5 BTC$31,479.01
1 BTC$62,958.02
5 BTC$314,790.08
10 BTC$629,580.15
4 more rows

What message was hidden in Bitcoin's Genesis block? ›

Another puzzling aspect of the Genesis Block is the message that Nakamoto instilled within the Block's raw data: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks." Although Nakamoto never commented on the meaning of this text, most believe that it serves as a mission statement for Bitcoin itself.

What is the first block of Satoshi message? ›

Second, Nakamoto mysteriously embedded a message in the first block, which reads, “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” The message refers to the headline of the London newspaper, The Times, on the noted date.

Did Satoshi solve the Byzantine problem? ›

Bitcoin created by Satoshi Nakamoto is the first time a decentralized currency has successfully solved the Byzantine Generals' problem. Satoshi does this using the Proof of Work (PoW) consensus method. In addition, Bitcoin is the first decentralized system to achieve BFT (Byzantine Fault Tolerance).

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