Satoshi

By CoinGecko | Updated on Mar 03, 2020

Owning its name to the name of the Bitcoin creator, Satoshi Nakamoto. A Satoshi is the smallest divisible fungible unit in the bitcoin protocol, meaning the smallest amount of bitcoin one can send is 1 satoshi, or 0.000000001 bitcoin.

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Related Terms

Emission

The speed/rate at which new coins are minted and released as dictated by the protocols written.

Node

Within the blockchain network, the nodes are computers that connect to the network and have an updated copy of the blockchain

Custody

Protective care or guardianship of an asset.

Zero Confirmation Transaction

Another name for "unconfirmed transaction"

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