What is Satoshi
Satoshi is a currency that is part of the Bitcoin (BTC) cryptocurrency. It was named after the creator of the first digital currency on the Satoshi Nakamoto blockchain. For the first time, this term began to be used in November 2008, when a document appeared on the network with the principles of Bitcoin.
The use of minimum units of bitcoin was widespread on bitcoin faucets, where users received rewards in Satoshi. Now that the price of bitcoin has risen significantly, this term is much less common.
How much satoshi is in 1 bitcoin
In the traditional financial system, it is customary to keep an account of money to cents. 1 kopeck is one hundredth (0.01) hryvnia or ruble, i.e. Second decimal place.
On the Bitcoin network, one coin is split into most of the elements. 100 million Satoshi are hidden in one bitcoin, which means 1 Satoshi is equal to 0.00000001 BTC (the 8th digit after the decimal point).
It is also customary to highlight other fractional parts of bitcoin:
- 0,000001 BTC = 1 Bit;
- 0,001 BTC = 1 mBTC;
- 0,01 BTC = 1 cBTC.
How to get bitcoin
When it comes to making bitcoins for free, the first thing that comes to mind is resources called bitcoin faucets. With their help, anyone can join the Bitcoin community and get their first Satoshi. To do this, you must comply with the requirements that this or that site establishes. As of 2019, there are 3 taps that allow you to get bitcoin for free:
- AdBTC Top;