What Are Satoshis (Sats)?

By

Jake Morr

on

August 25, 2023

Satoshis, often abbreviated as "sats," is the smallest unit of Bitcoin, with each Bitcoin comprising 100 million sats. Named in homage to Bitcoin's pseudonymous creator, Satoshi Nakamoto, satoshis provide Bitcoin its characteristic divisibility, allowing for microtransactions. With the significant rise in Bitcoin's value, denominating prices in satoshis has become increasingly popular, especially for smaller transactions. Unlike whole Bitcoins, which can represent substantial sums, satoshis often correspond to fractional cent values, ensuring Bitcoin's utility even for minimal amounts.

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