Satoshi
By CoinGecko | Updated on Mar 08, 2021
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 0.00000001 bitcoin.
Related Terms
Exchange Traded Fund (ETF)
An exchange-traded fund (ETF) is a form of security that tracks a collection of securites such as stocks, bonds, index or cryptocurrency but tradeable like a single stock.
Miners
Contributors to a blockchain taking part in the process of mining.
Externally Owned Accounts (EOA)
Externally owned accounts (EOAs) are accounts that are controlled by a private key and have no coding associated with them.
Block Reward
One of the mechanisms built into a blockchain to incentivize validators
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