Satoshi in Bitcoin Explained: What It Is and How Much It Is What Is a Satoshi?

The satoshi is the smallest denomination of the cryptocurrency bitcoin. It is named after Satoshi Nakamoto, the Bitcoin creator(s). The satoshi to bitcoin ratio is 100 million satoshis to one bitcoin.History of the Satoshi

The satoshi represents one hundred millionths of a bitcoin.

Because bitcoin has increased in value exponentially, smaller denominations are needed for smaller transactions. Small denominations make bitcoin transactions easier to conduct while making them readable by people.

For example, if you bought a $100 item with one bitcoin, your charge might ring up as .0219757 BTC (if BTC equaled $21,975.70). However, it's easier to understand 219,757 satoshi.