Knowledge Notes | The Smallest Unit of Bitcoin
① The unit “satoshi” is named after Bitcoin’s creator, Satoshi Nakamoto.
② The smallest unit recorded on the Bitcoin blockchain is 1 satoshi; the Lightning Network can record amounts as precisely as one-thousandth of a satoshi.
③ Before making a transfer, check whether the amount is in BTC or satoshis. A one-place decimal error can change the amount by an order of magnitude.
$BTC 81668.01（-1.82%）
#BTC
① The unit “satoshi” is named after Bitcoin’s creator, Satoshi Nakamoto.
② The smallest unit recorded on the Bitcoin blockchain is 1 satoshi; the Lightning Network can record amounts as precisely as one-thousandth of a satoshi.
③ Before making a transfer, check whether the amount is in BTC or satoshis. A one-place decimal error can change the amount by an order of magnitude.
$BTC 81668.01（-1.82%）
#BTC