Questions tagged [satoshi]

'Satoshi' is the term for the smallest unit of Bitcoins.

This tag should be used for questions referring specifically to the satoshi as a sub-unit of the Bitcoin. For questions pertaining to Bitcoin's elusive creator, see: Satoshi Nakamoto.

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What is a 'Satoshi'?

I am aware that Satoshi Nakamoto is the author of the paper that originated Bitcoin and the creator of the original bitcoin client. However, I often hear the term Satoshi as if it was a monetary unit. What is a Satoshi?
nmat
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Will we ever need smaller amounts of Bitcoin than a Satoshi?

Will there ever be a need to create a unit of Bitcoin smaller than a Satoshi? See also: What is a 'Satoshi'?
ripper234
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Why does bitcoin have so many digits if I cannot move anything freely under 10000 satoshi?

So I have a wallet which has a balance of BTC 0.00005493. Even when trying to send these last bitcoin with a custom tx fee (1000 satoshi vs. the recommended 10000) Blockchain.info gives an error saying it is not possible to do so. I know I can use a…
gosuto
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How to store Bitcoin values in a MySQL database? floats are bad.... right?

What should I be using to store the values of a wallet in a MySQL database? Apparently floats are too imprecise to be storing Bitcoins, especially down to the satoshi. So what should I be using? Decimal ?
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Why can we have small fractions of a Bitcoin?

I didn't study the inner workings of Bitcoin (yet), but already since when I just started using it, I wondered why a Bitcoin can be split up in parts. Because there is a limit on the amount of Bitcoin that can be mined ever, fractioning Bitcoins is…
Steven Roose
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What is a millisatoshi? I thought satoshi is the smallest unit?

I encountered 'millisatoshi' (msat) while browsing Lightning Network..., see screenshoot below: And subsequently I found it mentioned here:…
Rosdi Kasim
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Is it possible to send one satoshi to every bitcoin address?

As a random whim, I want to see if it's possible to send one satoshi to every bitcoin address that's ever been used. How much would that be? I'm betting the transaction fee would be a lot more, though. Is this even possible? How would I do it?
lurf jurv
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Did Satoshi ever acknowledge that his name was a pseudonym?

I am curious if Satoshi publicly acknowledged that he was concealing his real name, or if he actually claimed that was his real name. Like the title says, did Satoshi ever publicly acknowledge that his name was a pseudonym?
morsecoder
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Is there a reason SatoshiDice & BitLotto use 0.00543210 BTC, and not 1 satoshi, to customize pay-to addresses?

SatoshiDice and BitLotto allow players to customize where winnings are sent by including an extra 0.00543210 BTC payment to the desired address as part of the entry transaction. Is there a technical reason they don't use a single satoshi…
Quizzical
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Can each Bitcoin and Satoshi be uniquely identified?

I'm pretty sure I've read somewhere that BitCoins have an "address", so they can be uniquely identified. What I want to know is: Does each Satoshi have it's own unique identity? How is the identity of a Satoshi formatted? (providing 1 is true)
Matthew Layton
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Why exactly would adding further divisibility to bitcoin require a hard fork?

There are quite a few threads already on this topic, but they all focus on the necessity or possibility for such a change. I understand that, even though it is difficult and would obviously require broad consensus, adding more decimal points to…
sutterseba
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Who was the person that told Satoshi "You will not find a solution to political problems in cryptography"?

I think this answer to a statement by Satoshi in the cryptography mailing list is one of the most interesting and revealing things he's said: The original statement: You will not find a solution to political problems in cryptography. Satoshi's…
k kurokawa
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Will all UTXOs eventually be worth 1 Satoshi?

If I want to spend 0.4BTC and I only have a UTXO for 1.0BTC, I will send 0.4BTC to the seller's address and 0.6BTC to my address. The seller has one UTXO and I have the other. One UTXO has become two. As time passes and more transactions occur, the…
dentaku
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More decimals to Bitcoin

Bitcoin USD price is increasing continuously; it is not impossible to imagine a day where we get 1 satoshi = 1 USD cent or even more, 1 satoshi = 1 USD. In that scenario we have a problem, bitcoin micropayments will be impossible, even with…
ademar111190
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What's the best way to get rid of 1 satoshi dust?

I recently noticed an old address of mine had 1 satoshi sent to it in some dust spam transaction. The thought of this satoshi bloating the UTXO set for everyone bothers me. I'd like to "destroy" it, but I don't want to combine it with other inputs…
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