https://en.bitcoin.it/w/api.php?action=feedcontributions&feedformat=atom&user=SatSymbolBitcoin Wiki - User contributions [en]2026-05-06T00:19:09ZUser contributionsMediaWiki 1.43.8https://en.bitcoin.it/w/index.php?title=File:Satoshi-symbol.png&diff=68882File:Satoshi-symbol.png2021-08-22T13:20:36Z<p>SatSymbol: /* Summary */</p>
<hr />
<div>== Summary ==<br />
Reminiscent of the Japanese aesthetic, the closest character being 丰 meaning: "Bountiful - abundant, lush, bountiful, plenty, luxurious growth of grass" which suggests vasts amount of Satoshi are still left to mine. This symbol has been adopted by multiple Bitcoin services including satoshilabs.com (Trezor), SatoshiCap.net, pricedinbitcoin21.com, Thunderhub.io, bitcoinicons.com, thebitcoinmachines.com, and many more.<br />
<br />
== Licensing ==<br />
{{FAL}}</div>SatSymbolhttps://en.bitcoin.it/w/index.php?title=Satoshi_(unit)&diff=68874Satoshi (unit)2021-08-16T15:59:25Z<p>SatSymbol: Add recent adopters of the Sat symbol</p>
<hr />
<div>[[File:SatoshiUsage.png|thumb|The term "satoshi" in use on a message board]]The '''satoshi''' is currently the smallest unit of the bitcoin currency recorded on the [[block chain]].<ref name="se">[http://bitcoin.stackexchange.com/questions/114/what-is-a-satoshi What is a 'Satoshi'? - Bitcoin Stack Exchange]</ref> It is a one hundred millionth of a single bitcoin (0.00000001 BTC).<ref name="se"/> The unit has been named in collective homage to the original creator of Bitcoin, [[Satoshi Nakamoto]].<ref name="ribuck"/><br />
<br />
All amounts in the block chain are denominated in satoshi before being converted for display.<ref name="why">{{cite btct|title=Why 1BTC should equal 10^8 satoshi ?|date=11 October 2014|id=819656}}</ref> The source code also uses satoshi when specifying an amount of bitcoin.<ref name="nov08"/> When displaying an extremely fine fraction of a bitcoin, such as when calculating [[satoshi per byte|fee per byte]] or a [[Bitcoin faucet|faucet]] reward, the amount is displayed in satoshi for readability.<ref>{{cite web|title=How do I calculate my transaction fee?|work=[[21]] Support|author=Binns, Will|date=|accessdate=23 October 2017|url=https://support.21.co/bitcoin/transactions-and-fees/how-do-i-calculate-my-transaction-fee}}</ref><ref>{{cite web|title=Do These "Free Bitcoin" Sites Work?|work=[[CryptoCoinsNews]]|author=Barnes, Samuel|date=9 April 2014|accessdate=19 August 2015|url=https://www.cryptocoinsnews.com/do-free-bitcoin-sites-work/}}</ref><br />
<br />
Although the satoshi is the finest amount that can be recorded in the block chain,<ref name="why"/> [[payment channels]] may need to make very granular payments and so are sometimes denominated in ''millisatoshi'', which are one hundred billionths of a single bitcoin.<ref>[https://github.com/ElementsProject/lightning/blob/master/README.md#receiving-and-receiving-payments Receiving and receiving payments]</ref><br />
<br />
In January 2018, 1 Euro cent is worth approximately 83 satoshi.<br />
<br />
==History==<br />
The value of a bitcoin in satoshi was decided by Satoshi Nakamoto to be 100 million no later than November 2008.<ref name="nov08">{{cite btct|id=382374|date=23 December 2013|title=Bitcoin source from November 2008.}}</ref><br />
<br />
On November 15, 2010, ribuck proposed that the one hundredth of a bitcoin (0.01 BTC) be called a ''Satoshi''.<ref>{{cite btct|id=369|post=22160|date=14 July 2010|title=Official Bitcoin Unicode Character?}}</ref> Four months later he instead suggested that the one hundred millionth unit be called an ''austrian'' or a ''satoshi''.<ref>{{cite btct|id=3311|post=46648|date=10 February 2011|title=More divisibility required - move the decimal point}}</ref> The name ''satoshi'' caught on, and was widely adopted thereafter.<ref name="ribuck">{{cite btct|id=407442|post=4415850|date=9 January 2014|title=How did “satoshi” become the name of the base unit?}}</ref><br />
<br />
In December 2017, BIP-176<ref>https://github.com/bitcoin/bips/blob/master/bip-0176.mediawiki</ref> also proposed "Bits" be used as a standard term for 100 (one hundred) satoshis or 1/1,000,000 (one one-millionth) of a bitcoin.<br />
<br />
==Usage==<br />
===Plural===<br />
Traditionally, the plural form has been simply ''satoshi'',<ref>[https://en.bitcoin.it/w/index.php?title=Help:FAQ&diff=53369&oldid=53362 Bitcoin Wiki revision by theymos]</ref> but the term ''satoshis'' is also popular and equally correct. If the plural form were to follow the rules of Japanese grammar, it may be pronounced as ''satoshisa'',<ref name="jj73">{{cite btct|id=289475|post=3112861|date=9 September 2013|title=satoshii}}</ref> or simply ''satoshi''.<ref name="jj73"/><br />
<br />
===Symbol===<br />
Satoshi is often abbreviated to ''sat'' or ''s'', although no currency symbol has been widely adopted. There are various proposed symbols:<br />
<br />
{| class="wikitable"<br />
|-<br />
! Symbol<br />
! Explanation<br />
|-<br />
| [[File:Satoshi-symbol-small.png|frameless|left]]<br />
| Reminiscent of the Japanese aesthetic, the closest character being 丰 meaning: "Bountiful - abundant, lush, bountiful, plenty, luxurious growth of grass" which suggests vasts amount of Satoshi are still left to mine. This symbol has been adopted by multiple Bitcoin services including satoshilabs.com (Trezor), SatoshiCap.net, pricedinbitcoin21.com, Thunderhub.io, bitcoinicons.com, thebitcoinmachines.com, and many more.<br />
|-<br />
| <span style="font-size:x-large">里</span><br />
| In Japanese names, this character can (rarely) be read "satoshi". It is an uncommon Chinese/Japanese character on its own, and an infrequent radical (kangxi #166). It can be seen as a radical in the common kanji 理 and 量, used in meaningful words like: 理想 (ideals), 理論 (theory), 理性 (reason), 理科 (science), and 量 (quantity). "Satoshi" is a rare reading; more commonly it is read as "ri" or "sato".<br />
|-<br />
| <span style="font-size:x-large">シ</span><br />
| A Japanese katakana representing the syllable "shi". Note that this character is extremely common in Japanese, so it could cause confusion. Also, it can mean "death" in Japanese and Chinese.<br />
|-<br />
| <span style="font-size:x-large">㋛</span><br />
| As above, but circled to distinguish it from the katakana.<br />
|-<br />
| <span style="font-size:x-large">し</span><br />
| As above, but this is the hiragana instead of the katakana. This is even more common than シ in Japanese writing, however.<br />
|-<br />
| <span style="font-size:x-large">サ</span><br />
| A Japanese katakana representing the syllable "sa". Maybe it looks more reminiscent of a currency symbol than others. Note that this character is extremely common in Japanese, so it could cause confusion.<br />
|}<br />
<br />
==References==<br />
<references/><br />
__NOTOC__<br />
{{article}}<br />
[[Category:Denominations]]<br />
[[Category:Terms and properties named after Satoshi Nakamoto]]</div>SatSymbolhttps://en.bitcoin.it/w/index.php?title=File:Satoshi-symbol-small.png&diff=68873File:Satoshi-symbol-small.png2021-08-16T15:50:41Z<p>SatSymbol: Remove references to individual designers and any design body</p>
<hr />
<div>The Sat symbol is open, free, and unrestricted as Satoshi would have wanted. Learn more at http://satsymbol.com<br />
<br />
<br />
[[File:Satoshi-symbol.png|frameless]]</div>SatSymbolhttps://en.bitcoin.it/w/index.php?title=Satoshi_(unit)&diff=68649Satoshi (unit)2021-05-09T06:46:56Z<p>SatSymbol: /* Usage */</p>
<hr />
<div>[[File:SatoshiUsage.png|thumb|The term "satoshi" in use on a message board]]The '''satoshi''' is currently the smallest unit of the bitcoin currency recorded on the [[block chain]].<ref name="se">[http://bitcoin.stackexchange.com/questions/114/what-is-a-satoshi What is a 'Satoshi'? - Bitcoin Stack Exchange]</ref> It is a one hundred millionth of a single bitcoin (0.00000001 BTC).<ref name="se"/> The unit has been named in collective homage to the original creator of Bitcoin, [[Satoshi Nakamoto]].<ref name="ribuck"/><br />
<br />
All amounts in the block chain are denominated in satoshi before being converted for display.<ref name="why">{{cite btct|title=Why 1BTC should equal 10^8 satoshi ?|date=11 October 2014|id=819656}}</ref> The source code also uses satoshi when specifying an amount of bitcoin.<ref name="nov08"/> When displaying an extremely fine fraction of a bitcoin, such as when calculating [[satoshi per byte|fee per byte]] or a [[Bitcoin faucet|faucet]] reward, the amount is displayed in satoshi for readability.<ref>{{cite web|title=How do I calculate my transaction fee?|work=[[21]] Support|author=Binns, Will|date=|accessdate=23 October 2017|url=https://support.21.co/bitcoin/transactions-and-fees/how-do-i-calculate-my-transaction-fee}}</ref><ref>{{cite web|title=Do These "Free Bitcoin" Sites Work?|work=[[CryptoCoinsNews]]|author=Barnes, Samuel|date=9 April 2014|accessdate=19 August 2015|url=https://www.cryptocoinsnews.com/do-free-bitcoin-sites-work/}}</ref><br />
<br />
Although the satoshi is the finest amount that can be recorded in the block chain,<ref name="why"/> [[payment channels]] may need to make very granular payments and so are sometimes denominated in ''millisatoshi'', which are one hundred billionths of a single bitcoin.<ref>[https://github.com/ElementsProject/lightning/blob/master/README.md#receiving-and-receiving-payments Receiving and receiving payments]</ref><br />
<br />
In January 2018, 1 Euro cent is worth approximately 83 satoshi.<br />
<br />
==History==<br />
The value of a bitcoin in satoshi was decided by Satoshi Nakamoto to be 100 million no later than November 2008.<ref name="nov08">{{cite btct|id=382374|date=23 December 2013|title=Bitcoin source from November 2008.}}</ref><br />
<br />
On November 15, 2010, ribuck proposed that the one hundredth of a bitcoin (0.01 BTC) be called a ''Satoshi''.<ref>{{cite btct|id=369|post=22160|date=14 July 2010|title=Official Bitcoin Unicode Character?}}</ref> Four months later he instead suggested that the one hundred millionth unit be called an ''austrian'' or a ''satoshi''.<ref>{{cite btct|id=3311|post=46648|date=10 February 2011|title=More divisibility required - move the decimal point}}</ref> The name ''satoshi'' caught on, and was widely adopted thereafter.<ref name="ribuck">{{cite btct|id=407442|post=4415850|date=9 January 2014|title=How did “satoshi” become the name of the base unit?}}</ref><br />
<br />
In December 2017, BIP-176<ref>https://github.com/bitcoin/bips/blob/master/bip-0176.mediawiki</ref> also proposed "Bits" be used as a standard term for 100 (one hundred) satoshis or 1/1,000,000 (one one-millionth) of a bitcoin.<br />
<br />
==Usage==<br />
===Plural===<br />
Traditionally, the plural form has been simply ''satoshi'',<ref>[https://en.bitcoin.it/w/index.php?title=Help:FAQ&diff=53369&oldid=53362 Bitcoin Wiki revision by theymos]</ref> but the term ''satoshis'' is also popular and equally correct. If the plural form were to follow the rules of Japanese grammar, it may be pronounced as ''satoshisa'',<ref name="jj73">{{cite btct|id=289475|post=3112861|date=9 September 2013|title=satoshii}}</ref> or simply ''satoshi''.<ref name="jj73"/><br />
<br />
===Symbol===<br />
Satoshi is often abbreviated to ''sat'' or ''s'', although no currency symbol has been widely adopted. There are various proposed symbols:<br />
<br />
{| class="wikitable"<br />
|-<br />
! Symbol<br />
! Explanation<br />
|-<br />
| [[File:Satoshi-symbol-small.png|frameless|left]]<br />
| Reminiscent of the Japanese aesthetic, the closest character being 丰 meaning: "Bountiful - abundant, lush, bountiful, plenty, luxurious growth of grass" which suggests vasts amount of Satoshi are still left to mine. In Unicode the closest character would be (U+2250) <span style="font-size:x-large">≐</span>, a mathematical symbol meaning "Approaching the limit" suggesting the finite supply, always approaching the limit when 21 million Bitcoins are mined. There is also a play on the phrase ''Stack Sats'' as represented by the 3 stacked horizontal bars. This symbol was adopted by the [https://satoshicap.net/ Satoshi Cap] exchange on Feb. 22, 2021, [https://thunderhub.io/ Thunderhub] on April 14, 2021.<br />
|-<br />
| <span style="font-size:x-large">里</span><br />
| In Japanese names, this character can (rarely) be read "satoshi". It is an uncommon Chinese/Japanese character on its own, and an infrequent radical (kangxi #166). It can be seen as a radical in the common kanji 理 and 量, used in meaningful words like: 理想 (ideals), 理論 (theory), 理性 (reason), 理科 (science), and 量 (quantity). "Satoshi" is a rare reading; more commonly it is read as "ri" or "sato".<br />
|-<br />
| <span style="font-size:x-large">シ</span><br />
| A Japanese katakana representing the syllable "shi". Note that this character is extremely common in Japanese, so it could cause confusion. Also, it can mean "death" in Japanese and Chinese.<br />
|-<br />
| <span style="font-size:x-large">㋛</span><br />
| As above, but circled to distinguish it from the katakana.<br />
|-<br />
| <span style="font-size:x-large">し</span><br />
| As above, but this is the hiragana instead of the katakana. This is even more common than シ in Japanese writing, however.<br />
|-<br />
| <span style="font-size:x-large">サ</span><br />
| A Japanese katakana representing the syllable "sa". Maybe it looks more reminiscent of a currency symbol than others. Note that this character is extremely common in Japanese, so it could cause confusion.<br />
|}<br />
<br />
==References==<br />
<references/><br />
__NOTOC__<br />
{{article}}<br />
[[Category:Denominations]]<br />
[[Category:Terms and properties named after Satoshi Nakamoto]]</div>SatSymbolhttps://en.bitcoin.it/w/index.php?title=Satoshi_(unit)&diff=68648Satoshi (unit)2021-05-09T06:44:47Z<p>SatSymbol: /* Symbol */</p>
<hr />
<div>[[File:SatoshiUsage.png|thumb|The term "satoshi" in use on a message board]]The '''satoshi''' is currently the smallest unit of the bitcoin currency recorded on the [[block chain]].<ref name="se">[http://bitcoin.stackexchange.com/questions/114/what-is-a-satoshi What is a 'Satoshi'? - Bitcoin Stack Exchange]</ref> It is a one hundred millionth of a single bitcoin (0.00000001 BTC).<ref name="se"/> The unit has been named in collective homage to the original creator of Bitcoin, [[Satoshi Nakamoto]].<ref name="ribuck"/><br />
<br />
All amounts in the block chain are denominated in satoshi before being converted for display.<ref name="why">{{cite btct|title=Why 1BTC should equal 10^8 satoshi ?|date=11 October 2014|id=819656}}</ref> The source code also uses satoshi when specifying an amount of bitcoin.<ref name="nov08"/> When displaying an extremely fine fraction of a bitcoin, such as when calculating [[satoshi per byte|fee per byte]] or a [[Bitcoin faucet|faucet]] reward, the amount is displayed in satoshi for readability.<ref>{{cite web|title=How do I calculate my transaction fee?|work=[[21]] Support|author=Binns, Will|date=|accessdate=23 October 2017|url=https://support.21.co/bitcoin/transactions-and-fees/how-do-i-calculate-my-transaction-fee}}</ref><ref>{{cite web|title=Do These "Free Bitcoin" Sites Work?|work=[[CryptoCoinsNews]]|author=Barnes, Samuel|date=9 April 2014|accessdate=19 August 2015|url=https://www.cryptocoinsnews.com/do-free-bitcoin-sites-work/}}</ref><br />
<br />
Although the satoshi is the finest amount that can be recorded in the block chain,<ref name="why"/> [[payment channels]] may need to make very granular payments and so are sometimes denominated in ''millisatoshi'', which are one hundred billionths of a single bitcoin.<ref>[https://github.com/ElementsProject/lightning/blob/master/README.md#receiving-and-receiving-payments Receiving and receiving payments]</ref><br />
<br />
In January 2018, 1 Euro cent is worth approximately 83 satoshi.<br />
<br />
==History==<br />
The value of a bitcoin in satoshi was decided by Satoshi Nakamoto to be 100 million no later than November 2008.<ref name="nov08">{{cite btct|id=382374|date=23 December 2013|title=Bitcoin source from November 2008.}}</ref><br />
<br />
On November 15, 2010, ribuck proposed that the one hundredth of a bitcoin (0.01 BTC) be called a ''Satoshi''.<ref>{{cite btct|id=369|post=22160|date=14 July 2010|title=Official Bitcoin Unicode Character?}}</ref> Four months later he instead suggested that the one hundred millionth unit be called an ''austrian'' or a ''satoshi''.<ref>{{cite btct|id=3311|post=46648|date=10 February 2011|title=More divisibility required - move the decimal point}}</ref> The name ''satoshi'' caught on, and was widely adopted thereafter.<ref name="ribuck">{{cite btct|id=407442|post=4415850|date=9 January 2014|title=How did “satoshi” become the name of the base unit?}}</ref><br />
<br />
In December 2017, BIP-176<ref>https://github.com/bitcoin/bips/blob/master/bip-0176.mediawiki</ref> also proposed "Bits" be used as a standard term for 100 (one hundred) satoshis or 1/1,000,000 (one one-millionth) of a bitcoin.<br />
<br />
==Usage==<br />
===Plural===<br />
Traditionally, the plural form has been simply ''satoshi'',<ref>[https://en.bitcoin.it/w/index.php?title=Help:FAQ&diff=53369&oldid=53362 Bitcoin Wiki revision by theymos]</ref> but the term ''satoshis'' is also popular and equally correct. If the plural form were to follow the rules of Japanese grammar, it may be pronounced as ''satoshisa'',<ref name="jj73">{{cite btct|id=289475|post=3112861|date=9 September 2013|title=satoshii}}</ref> or simply ''satoshi''.<ref name="jj73"/><br />
<br />
===Symbol===<br />
Satoshi is often abbreviated to ''sat'' or ''s'', although no currency symbol has been widely adopted. There are various proposed symbols:<br />
<br />
{| class="wikitable"<br />
|-<br />
! Symbol<br />
! Explanation<br />
|-<br />
| [[File:Satoshi-symbol-small.png|frameless|left]]<br />
| Reminiscent of the Japanese aesthetic, the closest character being 丰 meaning: "Bountiful - abundant, lush, bountiful, plenty, luxurious growth of grass" which suggests vasts amount of Satoshi are still left to mine. In Unicode the closest character would be (U+2250) <span style="font-size:x-large">≐</span>, a mathematical symbol meaning "Approaching the limit" suggesting the finite supply, always approaching the limit when 21 million Bitcoins are mined. There is also a play on the phrase ''Stack Sats'' as represented by the 3 stacked horizontal bars. This symbol was adopted by the [https://satoshicap.net/ Satoshi Cap] exchange on Feb. 22, 2021, [https://thunderhub.io/ Thunderhub] on April 14, 2021<ref>We removed the horrible 'sat' unit</ref>.<br />
|-<br />
| <span style="font-size:x-large">里</span><br />
| In Japanese names, this character can (rarely) be read "satoshi". It is an uncommon Chinese/Japanese character on its own, and an infrequent radical (kangxi #166). It can be seen as a radical in the common kanji 理 and 量, used in meaningful words like: 理想 (ideals), 理論 (theory), 理性 (reason), 理科 (science), and 量 (quantity). "Satoshi" is a rare reading; more commonly it is read as "ri" or "sato".<br />
|-<br />
| <span style="font-size:x-large">シ</span><br />
| A Japanese katakana representing the syllable "shi". Note that this character is extremely common in Japanese, so it could cause confusion. Also, it can mean "death" in Japanese and Chinese.<br />
|-<br />
| <span style="font-size:x-large">㋛</span><br />
| As above, but circled to distinguish it from the katakana.<br />
|-<br />
| <span style="font-size:x-large">し</span><br />
| As above, but this is the hiragana instead of the katakana. This is even more common than シ in Japanese writing, however.<br />
|-<br />
| <span style="font-size:x-large">サ</span><br />
| A Japanese katakana representing the syllable "sa". Maybe it looks more reminiscent of a currency symbol than others. Note that this character is extremely common in Japanese, so it could cause confusion.<br />
|}<br />
<br />
==References==<br />
<references/><br />
__NOTOC__<br />
{{article}}<br />
[[Category:Denominations]]<br />
[[Category:Terms and properties named after Satoshi Nakamoto]]</div>SatSymbolhttps://en.bitcoin.it/w/index.php?title=Satoshi_(unit)&diff=68455Satoshi (unit)2021-02-25T17:24:12Z<p>SatSymbol: /* Symbol */</p>
<hr />
<div>[[File:SatoshiUsage.png|thumb|The term "satoshi" in use on a message board]]The '''satoshi''' is currently the smallest unit of the bitcoin currency recorded on the [[block chain]].<ref name="se">[http://bitcoin.stackexchange.com/questions/114/what-is-a-satoshi What is a 'Satoshi'? - Bitcoin Stack Exchange]</ref> It is a one hundred millionth of a single bitcoin (0.00000001 BTC).<ref name="se"/> The unit has been named in collective homage to the original creator of Bitcoin, [[Satoshi Nakamoto]].<ref name="ribuck"/><br />
<br />
All amounts in the block chain are denominated in satoshi before being converted for display.<ref name="why">{{cite btct|title=Why 1BTC should equal 10^8 satoshi ?|date=11 October 2014|id=819656}}</ref> The source code also uses satoshi when specifying an amount of bitcoin.<ref name="nov08"/> When displaying an extremely fine fraction of a bitcoin, such as when calculating [[satoshi per byte|fee per byte]] or a [[Bitcoin faucet|faucet]] reward, the amount is displayed in satoshi for readability.<ref>{{cite web|title=How do I calculate my transaction fee?|work=[[21]] Support|author=Binns, Will|date=|accessdate=23 October 2017|url=https://support.21.co/bitcoin/transactions-and-fees/how-do-i-calculate-my-transaction-fee}}</ref><ref>{{cite web|title=Do These "Free Bitcoin" Sites Work?|work=[[CryptoCoinsNews]]|author=Barnes, Samuel|date=9 April 2014|accessdate=19 August 2015|url=https://www.cryptocoinsnews.com/do-free-bitcoin-sites-work/}}</ref><br />
<br />
Although the satoshi is the finest amount that can be recorded in the block chain,<ref name="why"/> [[payment channels]] may need to make very granular payments and so are sometimes denominated in ''millisatoshi'', which are one hundred billionths of a single bitcoin.<ref>[https://github.com/ElementsProject/lightning/blob/master/README.md#receiving-and-receiving-payments Receiving and receiving payments]</ref><br />
<br />
In January 2018, 1 Euro cent is worth approximately 83 satoshi.<br />
<br />
==History==<br />
The value of a bitcoin in satoshi was decided by Satoshi Nakamoto to be 100 million no later than November 2008.<ref name="nov08">{{cite btct|id=382374|date=23 December 2013|title=Bitcoin source from November 2008.}}</ref><br />
<br />
On November 15, 2010, ribuck proposed that the one hundredth of a bitcoin (0.01 BTC) be called a ''Satoshi''.<ref>{{cite btct|id=369|post=22160|date=14 July 2010|title=Official Bitcoin Unicode Character?}}</ref> Four months later he instead suggested that the one hundred millionth unit be called an ''austrian'' or a ''satoshi''.<ref>{{cite btct|id=3311|post=46648|date=10 February 2011|title=More divisibility required - move the decimal point}}</ref> The name ''satoshi'' caught on, and was widely adopted thereafter.<ref name="ribuck">{{cite btct|id=407442|post=4415850|date=9 January 2014|title=How did “satoshi” become the name of the base unit?}}</ref><br />
<br />
In December 2017, BIP-176<ref>https://github.com/bitcoin/bips/blob/master/bip-0176.mediawiki</ref> also proposed "Bits" be used as a standard term for 100 (one hundred) satoshis or 1/1,000,000 (one one-millionth) of a bitcoin.<br />
<br />
==Usage==<br />
===Plural===<br />
Traditionally, the plural form has been simply ''satoshi'',<ref>[https://en.bitcoin.it/w/index.php?title=Help:FAQ&diff=53369&oldid=53362 Bitcoin Wiki revision by theymos]</ref> but the term ''satoshis'' is also popular and equally correct. If the plural form were to follow the rules of Japanese grammar, it may be pronounced as ''satoshisa'',<ref name="jj73">{{cite btct|id=289475|post=3112861|date=9 September 2013|title=satoshii}}</ref> or simply ''satoshi''.<ref name="jj73"/><br />
<br />
===Symbol===<br />
Satoshi is often abbreviated to ''sat'' or ''s'', although no currency symbol has been widely adopted. There are various proposed symbols:<br />
<br />
{| class="wikitable"<br />
|-<br />
! Symbol<br />
! Explanation<br />
|-<br />
| [[File:Satoshi-symbol-small.png|frameless|left]]<br />
| Reminiscent of the Japanese aesthetic, the closest character being 丰 meaning: "Bountiful - abundant, lush, bountiful, plenty, luxurious growth of grass" which suggests vasts amount of Satoshi are still left to mine. In Unicode the closest character would be (U+2250) <span style="font-size:x-large">⩧</span>, a mathematical symbol meaning "Approaching the limit" suggesting the finite supply, always approaching the limit when 21 million Bitcoins are mined. There is also a play on the phrase ''Stack Sats'' as represented by the 3 stacked horizontal bars. This symbol was adopted by the [https://satoshicap.net/ Satoshi Cap] exchange on Feb. 22, 2021. Learn more at http://satsymbol.com.<br />
|-<br />
| <span style="font-size:x-large">里</span><br />
| In Japanese names, this character can (rarely) be read "satoshi". It is an uncommon Chinese/Japanese character on its own, and an infrequent radical (kangxi #166). It can be seen as a radical in the common kanji 理 and 量, used in meaningful words like: 理想 (ideals), 理論 (theory), 理性 (reason), 理科 (science), and 量 (quantity). "Satoshi" is a rare reading; more commonly it is read as "ri" or "sato".<br />
|-<br />
| <span style="font-size:x-large">シ</span><br />
| A Japanese katakana representing the syllable "shi". Note that this character is extremely common in Japanese, so it could cause confusion. Also, it can mean "death" in Japanese and Chinese.<br />
|-<br />
| <span style="font-size:x-large">㋛</span><br />
| As above, but circled to distinguish it from the katakana.<br />
|-<br />
| <span style="font-size:x-large">し</span><br />
| As above, but this is the hiragana instead of the katakana. This is even more common than シ in Japanese writing, however.<br />
|-<br />
| <span style="font-size:x-large">サ</span><br />
| A Japanese katakana representing the syllable "sa". Maybe it looks more reminiscent of a currency symbol than others. Note that this character is extremely common in Japanese, so it could cause confusion.<br />
|}<br />
<br />
==References==<br />
<references/><br />
__NOTOC__<br />
{{article}}<br />
[[Category:Denominations]]<br />
[[Category:Terms and properties named after Satoshi Nakamoto]]</div>SatSymbolhttps://en.bitcoin.it/w/index.php?title=Satoshi_(unit)&diff=68454Satoshi (unit)2021-02-25T17:18:40Z<p>SatSymbol: /* Symbol */</p>
<hr />
<div>[[File:SatoshiUsage.png|thumb|The term "satoshi" in use on a message board]]The '''satoshi''' is currently the smallest unit of the bitcoin currency recorded on the [[block chain]].<ref name="se">[http://bitcoin.stackexchange.com/questions/114/what-is-a-satoshi What is a 'Satoshi'? - Bitcoin Stack Exchange]</ref> It is a one hundred millionth of a single bitcoin (0.00000001 BTC).<ref name="se"/> The unit has been named in collective homage to the original creator of Bitcoin, [[Satoshi Nakamoto]].<ref name="ribuck"/><br />
<br />
All amounts in the block chain are denominated in satoshi before being converted for display.<ref name="why">{{cite btct|title=Why 1BTC should equal 10^8 satoshi ?|date=11 October 2014|id=819656}}</ref> The source code also uses satoshi when specifying an amount of bitcoin.<ref name="nov08"/> When displaying an extremely fine fraction of a bitcoin, such as when calculating [[satoshi per byte|fee per byte]] or a [[Bitcoin faucet|faucet]] reward, the amount is displayed in satoshi for readability.<ref>{{cite web|title=How do I calculate my transaction fee?|work=[[21]] Support|author=Binns, Will|date=|accessdate=23 October 2017|url=https://support.21.co/bitcoin/transactions-and-fees/how-do-i-calculate-my-transaction-fee}}</ref><ref>{{cite web|title=Do These "Free Bitcoin" Sites Work?|work=[[CryptoCoinsNews]]|author=Barnes, Samuel|date=9 April 2014|accessdate=19 August 2015|url=https://www.cryptocoinsnews.com/do-free-bitcoin-sites-work/}}</ref><br />
<br />
Although the satoshi is the finest amount that can be recorded in the block chain,<ref name="why"/> [[payment channels]] may need to make very granular payments and so are sometimes denominated in ''millisatoshi'', which are one hundred billionths of a single bitcoin.<ref>[https://github.com/ElementsProject/lightning/blob/master/README.md#receiving-and-receiving-payments Receiving and receiving payments]</ref><br />
<br />
In January 2018, 1 Euro cent is worth approximately 83 satoshi.<br />
<br />
==History==<br />
The value of a bitcoin in satoshi was decided by Satoshi Nakamoto to be 100 million no later than November 2008.<ref name="nov08">{{cite btct|id=382374|date=23 December 2013|title=Bitcoin source from November 2008.}}</ref><br />
<br />
On November 15, 2010, ribuck proposed that the one hundredth of a bitcoin (0.01 BTC) be called a ''Satoshi''.<ref>{{cite btct|id=369|post=22160|date=14 July 2010|title=Official Bitcoin Unicode Character?}}</ref> Four months later he instead suggested that the one hundred millionth unit be called an ''austrian'' or a ''satoshi''.<ref>{{cite btct|id=3311|post=46648|date=10 February 2011|title=More divisibility required - move the decimal point}}</ref> The name ''satoshi'' caught on, and was widely adopted thereafter.<ref name="ribuck">{{cite btct|id=407442|post=4415850|date=9 January 2014|title=How did “satoshi” become the name of the base unit?}}</ref><br />
<br />
In December 2017, BIP-176<ref>https://github.com/bitcoin/bips/blob/master/bip-0176.mediawiki</ref> also proposed "Bits" be used as a standard term for 100 (one hundred) satoshis or 1/1,000,000 (one one-millionth) of a bitcoin.<br />
<br />
==Usage==<br />
===Plural===<br />
Traditionally, the plural form has been simply ''satoshi'',<ref>[https://en.bitcoin.it/w/index.php?title=Help:FAQ&diff=53369&oldid=53362 Bitcoin Wiki revision by theymos]</ref> but the term ''satoshis'' is also popular and equally correct. If the plural form were to follow the rules of Japanese grammar, it may be pronounced as ''satoshisa'',<ref name="jj73">{{cite btct|id=289475|post=3112861|date=9 September 2013|title=satoshii}}</ref> or simply ''satoshi''.<ref name="jj73"/><br />
<br />
===Symbol===<br />
Satoshi is often abbreviated to ''sat'' or ''s'', although no currency symbol has been widely adopted. There are various proposed symbols:<br />
<br />
{| class="wikitable"<br />
|-<br />
! Symbol<br />
! Explanation<br />
|-<br />
| [[File:Satoshi-symbol-small.png|frameless|left]]<br />
| Reminiscent of the Japanese aesthetic, the closest character being 丰 meaning: "Bountiful - abundant, lush, bountiful, plenty, luxurious growth of grass" which suggests vasts amount of Satoshi are still left to mine. In Unicode the closest character would be (U+2250) <span style="font-size:large">⩧</span>, a mathematical symbol meaning "Approaching the limit" suggesting the finite supply, always approaching the limit when 21 million Bitcoins are mined. There is also a play on the phrase ''Stack Sats'' as represented by the 3 stacked horizontal bars. This symbol was adopted by the [https://satoshicap.net/ Satoshi Cap] exchange on Feb. 22, 2021. Learn more at http://satsymbol.com.<br />
|-<br />
| <span style="font-size:x-large">里</span><br />
| In Japanese names, this character can (rarely) be read "satoshi". It is an uncommon Chinese/Japanese character on its own, and an infrequent radical (kangxi #166). It can be seen as a radical in the common kanji 理 and 量, used in meaningful words like: 理想 (ideals), 理論 (theory), 理性 (reason), 理科 (science), and 量 (quantity). "Satoshi" is a rare reading; more commonly it is read as "ri" or "sato".<br />
|-<br />
| <span style="font-size:x-large">シ</span><br />
| A Japanese katakana representing the syllable "shi". Note that this character is extremely common in Japanese, so it could cause confusion. Also, it can mean "death" in Japanese and Chinese.<br />
|-<br />
| <span style="font-size:x-large">㋛</span><br />
| As above, but circled to distinguish it from the katakana.<br />
|-<br />
| <span style="font-size:x-large">し</span><br />
| As above, but this is the hiragana instead of the katakana. This is even more common than シ in Japanese writing, however.<br />
|-<br />
| <span style="font-size:x-large">サ</span><br />
| A Japanese katakana representing the syllable "sa". Maybe it looks more reminiscent of a currency symbol than others. Note that this character is extremely common in Japanese, so it could cause confusion.<br />
|}<br />
<br />
==References==<br />
<references/><br />
__NOTOC__<br />
{{article}}<br />
[[Category:Denominations]]<br />
[[Category:Terms and properties named after Satoshi Nakamoto]]</div>SatSymbolhttps://en.bitcoin.it/w/index.php?title=Satoshi_(unit)&diff=68452Satoshi (unit)2021-02-25T03:14:07Z<p>SatSymbol: /* Symbol */</p>
<hr />
<div>[[File:SatoshiUsage.png|thumb|The term "satoshi" in use on a message board]]The '''satoshi''' is currently the smallest unit of the bitcoin currency recorded on the [[block chain]].<ref name="se">[http://bitcoin.stackexchange.com/questions/114/what-is-a-satoshi What is a 'Satoshi'? - Bitcoin Stack Exchange]</ref> It is a one hundred millionth of a single bitcoin (0.00000001 BTC).<ref name="se"/> The unit has been named in collective homage to the original creator of Bitcoin, [[Satoshi Nakamoto]].<ref name="ribuck"/><br />
<br />
All amounts in the block chain are denominated in satoshi before being converted for display.<ref name="why">{{cite btct|title=Why 1BTC should equal 10^8 satoshi ?|date=11 October 2014|id=819656}}</ref> The source code also uses satoshi when specifying an amount of bitcoin.<ref name="nov08"/> When displaying an extremely fine fraction of a bitcoin, such as when calculating [[satoshi per byte|fee per byte]] or a [[Bitcoin faucet|faucet]] reward, the amount is displayed in satoshi for readability.<ref>{{cite web|title=How do I calculate my transaction fee?|work=[[21]] Support|author=Binns, Will|date=|accessdate=23 October 2017|url=https://support.21.co/bitcoin/transactions-and-fees/how-do-i-calculate-my-transaction-fee}}</ref><ref>{{cite web|title=Do These "Free Bitcoin" Sites Work?|work=[[CryptoCoinsNews]]|author=Barnes, Samuel|date=9 April 2014|accessdate=19 August 2015|url=https://www.cryptocoinsnews.com/do-free-bitcoin-sites-work/}}</ref><br />
<br />
Although the satoshi is the finest amount that can be recorded in the block chain,<ref name="why"/> [[payment channels]] may need to make very granular payments and so are sometimes denominated in ''millisatoshi'', which are one hundred billionths of a single bitcoin.<ref>[https://github.com/ElementsProject/lightning/blob/master/README.md#receiving-and-receiving-payments Receiving and receiving payments]</ref><br />
<br />
In January 2018, 1 Euro cent is worth approximately 83 satoshi.<br />
<br />
==History==<br />
The value of a bitcoin in satoshi was decided by Satoshi Nakamoto to be 100 million no later than November 2008.<ref name="nov08">{{cite btct|id=382374|date=23 December 2013|title=Bitcoin source from November 2008.}}</ref><br />
<br />
On November 15, 2010, ribuck proposed that the one hundredth of a bitcoin (0.01 BTC) be called a ''Satoshi''.<ref>{{cite btct|id=369|post=22160|date=14 July 2010|title=Official Bitcoin Unicode Character?}}</ref> Four months later he instead suggested that the one hundred millionth unit be called an ''austrian'' or a ''satoshi''.<ref>{{cite btct|id=3311|post=46648|date=10 February 2011|title=More divisibility required - move the decimal point}}</ref> The name ''satoshi'' caught on, and was widely adopted thereafter.<ref name="ribuck">{{cite btct|id=407442|post=4415850|date=9 January 2014|title=How did “satoshi” become the name of the base unit?}}</ref><br />
<br />
In December 2017, BIP-176<ref>https://github.com/bitcoin/bips/blob/master/bip-0176.mediawiki</ref> also proposed "Bits" be used as a standard term for 100 (one hundred) satoshis or 1/1,000,000 (one one-millionth) of a bitcoin.<br />
<br />
==Usage==<br />
===Plural===<br />
Traditionally, the plural form has been simply ''satoshi'',<ref>[https://en.bitcoin.it/w/index.php?title=Help:FAQ&diff=53369&oldid=53362 Bitcoin Wiki revision by theymos]</ref> but the term ''satoshis'' is also popular and equally correct. If the plural form were to follow the rules of Japanese grammar, it may be pronounced as ''satoshisa'',<ref name="jj73">{{cite btct|id=289475|post=3112861|date=9 September 2013|title=satoshii}}</ref> or simply ''satoshi''.<ref name="jj73"/><br />
<br />
===Symbol===<br />
Satoshi is often abbreviated to ''sat'' or ''s'', although no currency symbol has been widely adopted. There are various proposed symbols:<br />
<br />
{| class="wikitable"<br />
|-<br />
! Symbol<br />
! Explanation<br />
|-<br />
| [[File:Satoshi-symbol-small.png|frameless|left]]<br />
| Reminiscent of the Japanese aesthetic, the closest character being 丰 meaning: "Bountiful - abundant, lush, bountiful, plenty, luxurious growth of grass" which suggests vasts amount of Satoshi are still left to mine. In Unicode the closest character would be (U+2250) <span style="font-size:large">⩧</span>, a mathematical symbol meaning "Approaching the limit." This suggests the finite amount of Satoshi, always approaching the limit when 21 million Bitcoins are mined. There is also a play on the phrase ''Stack Sats'' as represented by the 3 stacked horizontal bars. This symbol was adopted by the [https://satoshicap.net/ Satoshi Cap] exchange on Feb. 22, 2021. Learn more at http://satsymbol.com.<br />
|-<br />
| <span style="font-size:x-large">里</span><br />
| In Japanese names, this character can (rarely) be read "satoshi". It is an uncommon Chinese/Japanese character on its own, and an infrequent radical (kangxi #166). It can be seen as a radical in the common kanji 理 and 量, used in meaningful words like: 理想 (ideals), 理論 (theory), 理性 (reason), 理科 (science), and 量 (quantity). "Satoshi" is a rare reading; more commonly it is read as "ri" or "sato".<br />
|-<br />
| <span style="font-size:x-large">シ</span><br />
| A Japanese katakana representing the syllable "shi". Note that this character is extremely common in Japanese, so it could cause confusion. Also, it can mean "death" in Japanese and Chinese.<br />
|-<br />
| <span style="font-size:x-large">㋛</span><br />
| As above, but circled to distinguish it from the katakana.<br />
|-<br />
| <span style="font-size:x-large">し</span><br />
| As above, but this is the hiragana instead of the katakana. This is even more common than シ in Japanese writing, however.<br />
|-<br />
| <span style="font-size:x-large">サ</span><br />
| A Japanese katakana representing the syllable "sa". Maybe it looks more reminiscent of a currency symbol than others. Note that this character is extremely common in Japanese, so it could cause confusion.<br />
|}<br />
<br />
==References==<br />
<references/><br />
__NOTOC__<br />
{{article}}<br />
[[Category:Denominations]]<br />
[[Category:Terms and properties named after Satoshi Nakamoto]]</div>SatSymbolhttps://en.bitcoin.it/w/index.php?title=File:Satoshi-symbol-small.png&diff=68451File:Satoshi-symbol-small.png2021-02-25T02:47:04Z<p>SatSymbol: SatSymbol uploaded a new version of File:Satoshi-symbol-small.png</p>
<hr />
<div>The Sat symbol is a design initiative by bailey / edwards of the bitcoin design community. Open, free, and unrestricted as Satoshi would have wanted. Learn more at http://satsymbol.com<br />
<br />
<br />
[[File:Satoshi-symbol.png|frameless]]</div>SatSymbolhttps://en.bitcoin.it/w/index.php?title=File:Satoshi-symbol-small.png&diff=68450File:Satoshi-symbol-small.png2021-02-25T02:31:48Z<p>SatSymbol: </p>
<hr />
<div>The Sat symbol is a design initiative by bailey / edwards of the bitcoin design community. Open, free, and unrestricted as Satoshi would have wanted. Learn more at http://satsymbol.com<br />
<br />
<br />
[[File:Satoshi-symbol.png|frameless]]</div>SatSymbolhttps://en.bitcoin.it/w/index.php?title=Satoshi_(unit)&diff=68449Satoshi (unit)2021-02-25T02:21:13Z<p>SatSymbol: /* Symbol */</p>
<hr />
<div>[[File:SatoshiUsage.png|thumb|The term "satoshi" in use on a message board]]The '''satoshi''' is currently the smallest unit of the bitcoin currency recorded on the [[block chain]].<ref name="se">[http://bitcoin.stackexchange.com/questions/114/what-is-a-satoshi What is a 'Satoshi'? - Bitcoin Stack Exchange]</ref> It is a one hundred millionth of a single bitcoin (0.00000001 BTC).<ref name="se"/> The unit has been named in collective homage to the original creator of Bitcoin, [[Satoshi Nakamoto]].<ref name="ribuck"/><br />
<br />
All amounts in the block chain are denominated in satoshi before being converted for display.<ref name="why">{{cite btct|title=Why 1BTC should equal 10^8 satoshi ?|date=11 October 2014|id=819656}}</ref> The source code also uses satoshi when specifying an amount of bitcoin.<ref name="nov08"/> When displaying an extremely fine fraction of a bitcoin, such as when calculating [[satoshi per byte|fee per byte]] or a [[Bitcoin faucet|faucet]] reward, the amount is displayed in satoshi for readability.<ref>{{cite web|title=How do I calculate my transaction fee?|work=[[21]] Support|author=Binns, Will|date=|accessdate=23 October 2017|url=https://support.21.co/bitcoin/transactions-and-fees/how-do-i-calculate-my-transaction-fee}}</ref><ref>{{cite web|title=Do These "Free Bitcoin" Sites Work?|work=[[CryptoCoinsNews]]|author=Barnes, Samuel|date=9 April 2014|accessdate=19 August 2015|url=https://www.cryptocoinsnews.com/do-free-bitcoin-sites-work/}}</ref><br />
<br />
Although the satoshi is the finest amount that can be recorded in the block chain,<ref name="why"/> [[payment channels]] may need to make very granular payments and so are sometimes denominated in ''millisatoshi'', which are one hundred billionths of a single bitcoin.<ref>[https://github.com/ElementsProject/lightning/blob/master/README.md#receiving-and-receiving-payments Receiving and receiving payments]</ref><br />
<br />
In January 2018, 1 Euro cent is worth approximately 83 satoshi.<br />
<br />
==History==<br />
The value of a bitcoin in satoshi was decided by Satoshi Nakamoto to be 100 million no later than November 2008.<ref name="nov08">{{cite btct|id=382374|date=23 December 2013|title=Bitcoin source from November 2008.}}</ref><br />
<br />
On November 15, 2010, ribuck proposed that the one hundredth of a bitcoin (0.01 BTC) be called a ''Satoshi''.<ref>{{cite btct|id=369|post=22160|date=14 July 2010|title=Official Bitcoin Unicode Character?}}</ref> Four months later he instead suggested that the one hundred millionth unit be called an ''austrian'' or a ''satoshi''.<ref>{{cite btct|id=3311|post=46648|date=10 February 2011|title=More divisibility required - move the decimal point}}</ref> The name ''satoshi'' caught on, and was widely adopted thereafter.<ref name="ribuck">{{cite btct|id=407442|post=4415850|date=9 January 2014|title=How did “satoshi” become the name of the base unit?}}</ref><br />
<br />
In December 2017, BIP-176<ref>https://github.com/bitcoin/bips/blob/master/bip-0176.mediawiki</ref> also proposed "Bits" be used as a standard term for 100 (one hundred) satoshis or 1/1,000,000 (one one-millionth) of a bitcoin.<br />
<br />
==Usage==<br />
===Plural===<br />
Traditionally, the plural form has been simply ''satoshi'',<ref>[https://en.bitcoin.it/w/index.php?title=Help:FAQ&diff=53369&oldid=53362 Bitcoin Wiki revision by theymos]</ref> but the term ''satoshis'' is also popular and equally correct. If the plural form were to follow the rules of Japanese grammar, it may be pronounced as ''satoshisa'',<ref name="jj73">{{cite btct|id=289475|post=3112861|date=9 September 2013|title=satoshii}}</ref> or simply ''satoshi''.<ref name="jj73"/><br />
<br />
===Symbol===<br />
Satoshi is often abbreviated to ''sat'' or ''s'', although no currency symbol has been widely adopted. There are various proposed symbols:<br />
<br />
{| class="wikitable"<br />
|-<br />
! Symbol<br />
! Explanation<br />
|-<br />
| [[File:Satoshi-symbol-small.png|frameless|left]]<br />
| Reminiscent of the Japanese aesthetic, the closest character being 丰 meaning: "Bountiful - abundant, lush, bountiful, plenty, luxurious growth of grass". In Unicode the closest character would be (U+2250) <span style="font-size:large">⩧</span>, a mathematical symbol meaning "Approaching the limit." There is also a play on the phrase ''Stack Sats'' as represented by the 3 stacked horizontal bars. This symbol was adopted by the [https://satoshicap.net/ Satoshi Cap] exchange on Feb. 22, 2021. Learn more at http://satsymbol.com.<br />
|-<br />
| <span style="font-size:x-large">里</span><br />
| In Japanese names, this character can (rarely) be read "satoshi". It is an uncommon Chinese/Japanese character on its own, and an infrequent radical (kangxi #166). It can be seen as a radical in the common kanji 理 and 量, used in meaningful words like: 理想 (ideals), 理論 (theory), 理性 (reason), 理科 (science), and 量 (quantity). "Satoshi" is a rare reading; more commonly it is read as "ri" or "sato".<br />
|-<br />
| <span style="font-size:x-large">シ</span><br />
| A Japanese katakana representing the syllable "shi". Note that this character is extremely common in Japanese, so it could cause confusion. Also, it can mean "death" in Japanese and Chinese.<br />
|-<br />
| <span style="font-size:x-large">㋛</span><br />
| As above, but circled to distinguish it from the katakana.<br />
|-<br />
| <span style="font-size:x-large">し</span><br />
| As above, but this is the hiragana instead of the katakana. This is even more common than シ in Japanese writing, however.<br />
|-<br />
| <span style="font-size:x-large">サ</span><br />
| A Japanese katakana representing the syllable "sa". Maybe it looks more reminiscent of a currency symbol than others. Note that this character is extremely common in Japanese, so it could cause confusion.<br />
|}<br />
<br />
==References==<br />
<references/><br />
__NOTOC__<br />
{{article}}<br />
[[Category:Denominations]]<br />
[[Category:Terms and properties named after Satoshi Nakamoto]]</div>SatSymbolhttps://en.bitcoin.it/w/index.php?title=File:Satoshi-symbol-small.png&diff=68448File:Satoshi-symbol-small.png2021-02-25T02:20:16Z<p>SatSymbol: </p>
<hr />
<div>The Sat symbol is a design initiative by bailey / edwards of the bitcoin design community. Open, free, and unrestricted as Satoshi would have wanted.</div>SatSymbolhttps://en.bitcoin.it/w/index.php?title=Satoshi_(unit)&diff=68447Satoshi (unit)2021-02-25T02:09:06Z<p>SatSymbol: /* Symbol */</p>
<hr />
<div>[[File:SatoshiUsage.png|thumb|The term "satoshi" in use on a message board]]The '''satoshi''' is currently the smallest unit of the bitcoin currency recorded on the [[block chain]].<ref name="se">[http://bitcoin.stackexchange.com/questions/114/what-is-a-satoshi What is a 'Satoshi'? - Bitcoin Stack Exchange]</ref> It is a one hundred millionth of a single bitcoin (0.00000001 BTC).<ref name="se"/> The unit has been named in collective homage to the original creator of Bitcoin, [[Satoshi Nakamoto]].<ref name="ribuck"/><br />
<br />
All amounts in the block chain are denominated in satoshi before being converted for display.<ref name="why">{{cite btct|title=Why 1BTC should equal 10^8 satoshi ?|date=11 October 2014|id=819656}}</ref> The source code also uses satoshi when specifying an amount of bitcoin.<ref name="nov08"/> When displaying an extremely fine fraction of a bitcoin, such as when calculating [[satoshi per byte|fee per byte]] or a [[Bitcoin faucet|faucet]] reward, the amount is displayed in satoshi for readability.<ref>{{cite web|title=How do I calculate my transaction fee?|work=[[21]] Support|author=Binns, Will|date=|accessdate=23 October 2017|url=https://support.21.co/bitcoin/transactions-and-fees/how-do-i-calculate-my-transaction-fee}}</ref><ref>{{cite web|title=Do These "Free Bitcoin" Sites Work?|work=[[CryptoCoinsNews]]|author=Barnes, Samuel|date=9 April 2014|accessdate=19 August 2015|url=https://www.cryptocoinsnews.com/do-free-bitcoin-sites-work/}}</ref><br />
<br />
Although the satoshi is the finest amount that can be recorded in the block chain,<ref name="why"/> [[payment channels]] may need to make very granular payments and so are sometimes denominated in ''millisatoshi'', which are one hundred billionths of a single bitcoin.<ref>[https://github.com/ElementsProject/lightning/blob/master/README.md#receiving-and-receiving-payments Receiving and receiving payments]</ref><br />
<br />
In January 2018, 1 Euro cent is worth approximately 83 satoshi.<br />
<br />
==History==<br />
The value of a bitcoin in satoshi was decided by Satoshi Nakamoto to be 100 million no later than November 2008.<ref name="nov08">{{cite btct|id=382374|date=23 December 2013|title=Bitcoin source from November 2008.}}</ref><br />
<br />
On November 15, 2010, ribuck proposed that the one hundredth of a bitcoin (0.01 BTC) be called a ''Satoshi''.<ref>{{cite btct|id=369|post=22160|date=14 July 2010|title=Official Bitcoin Unicode Character?}}</ref> Four months later he instead suggested that the one hundred millionth unit be called an ''austrian'' or a ''satoshi''.<ref>{{cite btct|id=3311|post=46648|date=10 February 2011|title=More divisibility required - move the decimal point}}</ref> The name ''satoshi'' caught on, and was widely adopted thereafter.<ref name="ribuck">{{cite btct|id=407442|post=4415850|date=9 January 2014|title=How did “satoshi” become the name of the base unit?}}</ref><br />
<br />
In December 2017, BIP-176<ref>https://github.com/bitcoin/bips/blob/master/bip-0176.mediawiki</ref> also proposed "Bits" be used as a standard term for 100 (one hundred) satoshis or 1/1,000,000 (one one-millionth) of a bitcoin.<br />
<br />
==Usage==<br />
===Plural===<br />
Traditionally, the plural form has been simply ''satoshi'',<ref>[https://en.bitcoin.it/w/index.php?title=Help:FAQ&diff=53369&oldid=53362 Bitcoin Wiki revision by theymos]</ref> but the term ''satoshis'' is also popular and equally correct. If the plural form were to follow the rules of Japanese grammar, it may be pronounced as ''satoshisa'',<ref name="jj73">{{cite btct|id=289475|post=3112861|date=9 September 2013|title=satoshii}}</ref> or simply ''satoshi''.<ref name="jj73"/><br />
<br />
===Symbol===<br />
Satoshi is often abbreviated to ''sat'' or ''s'', although no currency symbol has been widely adopted. There are various proposed symbols:<br />
<br />
{| class="wikitable"<br />
|-<br />
! Symbol<br />
! Explanation<br />
|-<br />
| [[File:Satoshi-symbol-sm.png|frameless|center|The Sat symbol is a design initiative by bailey / edwards of the bitcoin design community. Open, free, and unrestricted as Satoshi would have wanted.]]<br />
| Reminiscent of the Japanese aesthetic, the closest character being 丰 meaning: "Bountiful - abundant, lush, bountiful, plenty, luxurious growth of grass". In Unicode the closest character would be (U+2250) <span style="font-size:large">⩧</span>, a mathematical symbol meaning "Approaching the limit." There is also a play on the phrase ''Stack Sats'' as represented by the 3 stacked horizontal bars. This symbol was adopted by the [https://satoshicap.net/ Satoshi Cap] exchange on Feb. 22, 2021. Learn more at http://satsymbol.com.<br />
|-<br />
| <span style="font-size:x-large">里</span><br />
| In Japanese names, this character can (rarely) be read "satoshi". It is an uncommon Chinese/Japanese character on its own, and an infrequent radical (kangxi #166). It can be seen as a radical in the common kanji 理 and 量, used in meaningful words like: 理想 (ideals), 理論 (theory), 理性 (reason), 理科 (science), and 量 (quantity). "Satoshi" is a rare reading; more commonly it is read as "ri" or "sato".<br />
|-<br />
| <span style="font-size:x-large">シ</span><br />
| A Japanese katakana representing the syllable "shi". Note that this character is extremely common in Japanese, so it could cause confusion. Also, it can mean "death" in Japanese and Chinese.<br />
|-<br />
| <span style="font-size:x-large">㋛</span><br />
| As above, but circled to distinguish it from the katakana.<br />
|-<br />
| <span style="font-size:x-large">し</span><br />
| As above, but this is the hiragana instead of the katakana. This is even more common than シ in Japanese writing, however.<br />
|-<br />
| <span style="font-size:x-large">サ</span><br />
| A Japanese katakana representing the syllable "sa". Maybe it looks more reminiscent of a currency symbol than others. Note that this character is extremely common in Japanese, so it could cause confusion.<br />
|}<br />
<br />
==References==<br />
<references/><br />
__NOTOC__<br />
{{article}}<br />
[[Category:Denominations]]<br />
[[Category:Terms and properties named after Satoshi Nakamoto]]</div>SatSymbolhttps://en.bitcoin.it/w/index.php?title=Satoshi_(unit)&diff=68446Satoshi (unit)2021-02-25T02:00:27Z<p>SatSymbol: /* Symbol */</p>
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<div>[[File:SatoshiUsage.png|thumb|The term "satoshi" in use on a message board]]The '''satoshi''' is currently the smallest unit of the bitcoin currency recorded on the [[block chain]].<ref name="se">[http://bitcoin.stackexchange.com/questions/114/what-is-a-satoshi What is a 'Satoshi'? - Bitcoin Stack Exchange]</ref> It is a one hundred millionth of a single bitcoin (0.00000001 BTC).<ref name="se"/> The unit has been named in collective homage to the original creator of Bitcoin, [[Satoshi Nakamoto]].<ref name="ribuck"/><br />
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All amounts in the block chain are denominated in satoshi before being converted for display.<ref name="why">{{cite btct|title=Why 1BTC should equal 10^8 satoshi ?|date=11 October 2014|id=819656}}</ref> The source code also uses satoshi when specifying an amount of bitcoin.<ref name="nov08"/> When displaying an extremely fine fraction of a bitcoin, such as when calculating [[satoshi per byte|fee per byte]] or a [[Bitcoin faucet|faucet]] reward, the amount is displayed in satoshi for readability.<ref>{{cite web|title=How do I calculate my transaction fee?|work=[[21]] Support|author=Binns, Will|date=|accessdate=23 October 2017|url=https://support.21.co/bitcoin/transactions-and-fees/how-do-i-calculate-my-transaction-fee}}</ref><ref>{{cite web|title=Do These "Free Bitcoin" Sites Work?|work=[[CryptoCoinsNews]]|author=Barnes, Samuel|date=9 April 2014|accessdate=19 August 2015|url=https://www.cryptocoinsnews.com/do-free-bitcoin-sites-work/}}</ref><br />
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Although the satoshi is the finest amount that can be recorded in the block chain,<ref name="why"/> [[payment channels]] may need to make very granular payments and so are sometimes denominated in ''millisatoshi'', which are one hundred billionths of a single bitcoin.<ref>[https://github.com/ElementsProject/lightning/blob/master/README.md#receiving-and-receiving-payments Receiving and receiving payments]</ref><br />
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In January 2018, 1 Euro cent is worth approximately 83 satoshi.<br />
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==History==<br />
The value of a bitcoin in satoshi was decided by Satoshi Nakamoto to be 100 million no later than November 2008.<ref name="nov08">{{cite btct|id=382374|date=23 December 2013|title=Bitcoin source from November 2008.}}</ref><br />
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On November 15, 2010, ribuck proposed that the one hundredth of a bitcoin (0.01 BTC) be called a ''Satoshi''.<ref>{{cite btct|id=369|post=22160|date=14 July 2010|title=Official Bitcoin Unicode Character?}}</ref> Four months later he instead suggested that the one hundred millionth unit be called an ''austrian'' or a ''satoshi''.<ref>{{cite btct|id=3311|post=46648|date=10 February 2011|title=More divisibility required - move the decimal point}}</ref> The name ''satoshi'' caught on, and was widely adopted thereafter.<ref name="ribuck">{{cite btct|id=407442|post=4415850|date=9 January 2014|title=How did “satoshi” become the name of the base unit?}}</ref><br />
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In December 2017, BIP-176<ref>https://github.com/bitcoin/bips/blob/master/bip-0176.mediawiki</ref> also proposed "Bits" be used as a standard term for 100 (one hundred) satoshis or 1/1,000,000 (one one-millionth) of a bitcoin.<br />
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==Usage==<br />
===Plural===<br />
Traditionally, the plural form has been simply ''satoshi'',<ref>[https://en.bitcoin.it/w/index.php?title=Help:FAQ&diff=53369&oldid=53362 Bitcoin Wiki revision by theymos]</ref> but the term ''satoshis'' is also popular and equally correct. If the plural form were to follow the rules of Japanese grammar, it may be pronounced as ''satoshisa'',<ref name="jj73">{{cite btct|id=289475|post=3112861|date=9 September 2013|title=satoshii}}</ref> or simply ''satoshi''.<ref name="jj73"/><br />
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===Symbol===<br />
Satoshi is often abbreviated to ''sat'' or ''s'', although no currency symbol has been widely adopted. There are various proposed symbols:<br />
<br />
{| class="wikitable"<br />
|-<br />
! Symbol<br />
! Explanation<br />
|-<br />
| [[File:Satoshi-symbol-sm.png|frameless|left|The Sat symbol is a design initiative by bailey / edwards of the bitcoin design community. Open, free, and unrestricted as Satoshi would have wanted.]]<br />
| Reminiscent of the Japanese aesthetic, the closest character would be 丰 meaning: "Bountiful - abundant, lush, bountiful, plenty, luxurious growth of grass". In Unicode the closest character would be (U+2250) <span style="font-size:large">⩧</span>, a mathematical symbol meaning "Approaching the limit." There is also a play on the phrase ''Stack Sats'' as represented by the 3 stacked horizontal bars. Learn more at http://satsymbol.com.<br />
|-<br />
| <span style="font-size:x-large">里</span><br />
| In Japanese names, this character can (rarely) be read "satoshi". It is an uncommon Chinese/Japanese character on its own, and an infrequent radical (kangxi #166). It can be seen as a radical in the common kanji 理 and 量, used in meaningful words like: 理想 (ideals), 理論 (theory), 理性 (reason), 理科 (science), and 量 (quantity). "Satoshi" is a rare reading; more commonly it is read as "ri" or "sato".<br />
|-<br />
| <span style="font-size:x-large">シ</span><br />
| A Japanese katakana representing the syllable "shi". Note that this character is extremely common in Japanese, so it could cause confusion. Also, it can mean "death" in Japanese and Chinese.<br />
|-<br />
| <span style="font-size:x-large">㋛</span><br />
| As above, but circled to distinguish it from the katakana.<br />
|-<br />
| <span style="font-size:x-large">し</span><br />
| As above, but this is the hiragana instead of the katakana. This is even more common than シ in Japanese writing, however.<br />
|-<br />
| <span style="font-size:x-large">サ</span><br />
| A Japanese katakana representing the syllable "sa". Maybe it looks more reminiscent of a currency symbol than others. Note that this character is extremely common in Japanese, so it could cause confusion.<br />
|}<br />
<br />
==References==<br />
<references/><br />
__NOTOC__<br />
{{article}}<br />
[[Category:Denominations]]<br />
[[Category:Terms and properties named after Satoshi Nakamoto]]</div>SatSymbolhttps://en.bitcoin.it/w/index.php?title=File:Satoshi-symbol-sm.png&diff=68445File:Satoshi-symbol-sm.png2021-02-25T01:46:16Z<p>SatSymbol: </p>
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<div>The Sat symbol is a design initiative by bailey / edwards of the bitcoin design community. Open, free, and unrestricted as Satoshi would have wanted.</div>SatSymbolhttps://en.bitcoin.it/w/index.php?title=File:Satoshi-symbol.png&diff=68444File:Satoshi-symbol.png2021-02-25T01:31:43Z<p>SatSymbol: </p>
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<div>== Summary ==<br />
The Satoshi symbol is a design initiative by Bailey / Edwards of the bitcoin design community. Open, free, and unrestricted as Satoshi would have wanted. Visit http://satsymbol.com for more information.<br />
== Licensing ==<br />
{{FAL}}</div>SatSymbolhttps://en.bitcoin.it/w/index.php?title=File:Satoshi-symbol.png&diff=68443File:Satoshi-symbol.png2021-02-25T01:29:53Z<p>SatSymbol: The Satoshi symbol is a design initiative by Bailey / Edwards of the bitcoin design community. Open, free, and unrestricted as Satoshi would have wanted. Visit satsymbol (dot) com for more information.</p>
<hr />
<div>== Summary ==<br />
The Satoshi symbol is a design initiative by Bailey / Edwards of the bitcoin design community. Open, free, and unrestricted as Satoshi would have wanted. Visit satsymbol (dot) com for more information.<br />
== Licensing ==<br />
{{FAL}}</div>SatSymbol