Crypto Basics | How small can Bitcoin be divided?
The unit “satoshi” is named after Bitcoin’s inventor, Satoshi Nakamoto.
Outputs that are too small may not be enough to cover the transaction fee when spending them. Under default rules, nodes also treat these outputs as “dust” and won’t relay them.
$BTC You don’t have to buy a whole coin at once—you can buy 0.001 coin or even less. Currently 81799.
Don’t put all your funds into one project.
#BTC
The unit “satoshi” is named after Bitcoin’s inventor, Satoshi Nakamoto.
Outputs that are too small may not be enough to cover the transaction fee when spending them. Under default rules, nodes also treat these outputs as “dust” and won’t relay them.
$BTC You don’t have to buy a whole coin at once—you can buy 0.001 coin or even less. Currently 81799.
Don’t put all your funds into one project.
#BTC