What is Satoshi (SATS)?
Let's find out Satoshi (SATS) meaning, definition in crypto, what is Satoshi (SATS), and all other detailed facts.
Satoshi (SATS) is Bitcoin’s smallest available unit with a value of 0.00000001 BTC. It is named after the pseudonymous inventor of BTC Satoshi Nakamoto. Satoshi (SATS) is also referred to as satoshis (the plural form), SAT, or even just S.
It was proposed that a satoshi could be used to refer to one-hundredth of a BTC at first, but the crypto community eventually agreed that it should be used to refer to one hundred millionth of a BTC.
It's essential for BTC to be so divisible. Since 0.10 BTC can be valued at millions of dollars, limiting it to only two decimal places would make BTC unsuitable for regular use. When it comes to paying transaction fees and making micropayments, smaller fractions are a necessity.