Satoshi (unit) - Revision history

Juma: update satoshi reference price in euro

2024-03-21T15:37:21Z

update satoshi reference price in euro

← Older revision		Revision as of 15:37, 21 March 2024
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	Although the satoshi is the finest amount that can be recorded in the blockchain,<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>		Although the satoshi is the finest amount that can be recorded in the blockchain,<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>

	In ~~January 2018~~, 1 Euro cent is worth approximately 83 satoshi.		In March 2024, 1 Euro cent is worth approximately 16 satoshi.

	==History==		==History==

AllEd01: spelling corrected

2022-06-30T14:07:36Z

spelling corrected

SatSymbol: Add recent adopters of the Sat symbol

2021-08-16T15:59:25Z

Add recent adopters of the Sat symbol

← Older revision		Revision as of 15:59, 16 August 2021
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	\|-		\|-
	\| [[File:Satoshi-symbol-small.png\|frameless\|left]]		\| [[File:Satoshi-symbol-small.png\|frameless\|left]]
	\| 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~~.		\| 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.
	\|-		\|-
	\| <span style="font-size:x-large">里</span>		\| <span style="font-size:x-large">里</span>

SatSymbol: /* Usage */

2021-05-09T06:46:56Z

Usage

← Older revision		Revision as of 06:46, 9 May 2021
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	\|-		\|-
	\| [[File:Satoshi-symbol-small.png\|frameless\|left]]		\| [[File:Satoshi-symbol-small.png\|frameless\|left]]
	\| 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>~~.		\| 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.
	\|-		\|-
	\| <span style="font-size:x-large">里</span>		\| <span style="font-size:x-large">里</span>

SatSymbol: /* Symbol */

2021-05-09T06:44:47Z

Symbol

← Older revision		Revision as of 06:44, 9 May 2021
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	\|-		\|-
	\| [[File:Satoshi-symbol-small.png\|frameless\|left]]		\| [[File:Satoshi-symbol-small.png\|frameless\|left]]
	\| 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~~.		\| 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>.
	\|-		\|-
	\| <span style="font-size:x-large">里</span>		\| <span style="font-size:x-large">里</span>

Diegorodriguezv: /* Symbol */ Copied the symbol over from https://en.wikipedia.org/wiki/Approximation#Unicode

2021-03-14T06:28:10Z

Symbol: Copied the symbol over from https://en.wikipedia.org/wiki/Approximation#Unicode

← Older revision		Revision as of 06:28, 14 March 2021
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	\|-		\|-
	\| [[File:Satoshi-symbol-small.png\|frameless\|left]]		\| [[File:Satoshi-symbol-small.png\|frameless\|left]]
	\| 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.		\| 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.
	\|-		\|-
	\| <span style="font-size:x-large">里</span>		\| <span style="font-size:x-large">里</span>

SatSymbol: /* Symbol */

2021-02-25T17:24:12Z

Symbol

← Older revision		Revision as of 17:24, 25 February 2021
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	\|-		\|-
	\| [[File:Satoshi-symbol-small.png\|frameless\|left]]		\| [[File:Satoshi-symbol-small.png\|frameless\|left]]
	\| 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.		\| 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.
	\|-		\|-
	\| <span style="font-size:x-large">里</span>		\| <span style="font-size:x-large">里</span>

SatSymbol: /* Symbol */

2021-02-25T17:18:40Z

Symbol

← Older revision		Revision as of 17:18, 25 February 2021
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	\|-		\|-
	\| [[File:Satoshi-symbol-small.png\|frameless\|left]]		\| [[File:Satoshi-symbol-small.png\|frameless\|left]]
	\| 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.		\| 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.
	\|-		\|-
	\| <span style="font-size:x-large">里</span>		\| <span style="font-size:x-large">里</span>

SatSymbol: /* Symbol */

2021-02-25T03:14:07Z

Symbol

← Older revision		Revision as of 03:14, 25 February 2021
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	\|-		\|-
	\| [[File:Satoshi-symbol-small.png\|frameless\|left]]		\| [[File:Satoshi-symbol-small.png\|frameless\|left]]
	\| 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.		\| 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.
	\|-		\|-
	\| <span style="font-size:x-large">里</span>		\| <span style="font-size:x-large">里</span>

SatSymbol: /* Symbol */

2021-02-25T02:21:13Z

Symbol

← Older revision		Revision as of 02:21, 25 February 2021
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	! Explanation		! Explanation
	\|-		\|-
	\| [[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.~~]]		\| [[File:Satoshi-symbol-small.png\|frameless\|left]]
	\| 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.		\| 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.
	\|-		\|-

← Older revision		Revision as of 14:07, 30 June 2022
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	[[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"/>		[[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"/>

	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>		All amounts in the blockchain 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>

	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>		Although the satoshi is the finest amount that can be recorded in the blockchain,<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>

	In January 2018, 1 Euro cent is worth approximately 83 satoshi.		In January 2018, 1 Euro cent is worth approximately 83 satoshi.
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	\|-		\|-
	\| [[File:Satoshi-symbol-small.png\|frameless\|left]]		\| [[File:Satoshi-symbol-small.png\|frameless\|left]]
	\| 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.		\| Reminiscent of the Japanese aesthetic, the closest character being 丰 meaning: "Bountiful - abundant, lush, bountiful, plenty, luxurious growth of grass" which suggests a vast 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.
	\|-		\|-
	\| <span style="font-size:x-large">里</span>		\| <span style="font-size:x-large">里</span>
	\| 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".		\| 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".
	\|-		\|-
	\| <span style="font-size:x-large">シ</span>		\| <span style="font-size:x-large">シ</span>
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	\|-		\|-
	\| <span style="font-size:x-large">サ</span>		\| <span style="font-size:x-large">サ</span>
	\| 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.		\| A Japanese katakana represents 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.
	\|}		\|}