Difference between revisions of "Satoshi (unit)"

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[[File:SatoshiUsage.png|thumb|The term "satoshi" in use on a message board]]A '''satoshi''' is currently the smallest unit of the bitcoin currency supported by the block chain. It is a one hundred millionth of a single bitcoin (0.00000001 BTC). The unit has been named in collective homage to the original creator of Bitcoin, [[Satoshi Nakamoto]].
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[[File:SatoshiUsage.png|thumb|The term "satoshi" in use on a message board]]A '''satoshi''' is currently the smallest unit of the bitcoin currency usable 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]].
  
 
All amounts in the block chain are denominated in satoshi before being converted for display. The source code also uses satoshi when specifying an amount of bitcoin.
 
All amounts in the block chain are denominated in satoshi before being converted for display. The source code also uses satoshi when specifying an amount of bitcoin.
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==Usage==
 
==Usage==
 
===Plural===
 
===Plural===
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Traditionally, the plural form has been simply ''satoshi'', but the term ''satoshis'' is also very prevalent. If the plural form were to follow the rules of Japanese grammar, it may be pronounced as ''satoshi'',<ref name="jj73">{{cite btct|id=289475|post=3112861|date=9 September 2013|title=satoshii}}</ref> ''satoshisa'',<ref name="jj73"/> or ''satoshi-tachi''.<ref>[http://www.japan-guide.com/forum/quereadisplay.html?0+95102 japan-guide.com forum thread about plurals]</ref>
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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 very prevalent. If the plural form were to follow the rules of Japanese grammar, it may be pronounced as ''satoshi'',<ref name="jj73">{{cite btct|id=289475|post=3112861|date=9 September 2013|title=satoshii}}</ref> ''satoshisa'',<ref name="jj73"/> or ''satoshi-tachi''.<ref>[http://www.japan-guide.com/forum/quereadisplay.html?0+95102 japan-guide.com forum thread about plurals]</ref> Other alternatives, including ''satoshii'',<ref>{{cite btct|id=289475|date=9 September 2013|title=satoshii}}</ref> have been suggested.
  
 
===Symbol===
 
===Symbol===
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The Japanese character シ ("'''shi'''") has been proposed as a potential currency symbol for the satoshi.<ref>{{cite reddit|r=Bitcoin|id=3egrjk|title=Satoshi symbol|date=24 July 2015}}</ref> The Katakana symbol サ ("'''sa'''") has also been proposed, as it looks more reminiscent of a currency symbol.<ref>{{cite reddit|r=Bitcoin|id=3egrjk|title=Satoshi symbol|date=24 July 2015|post=https://www.reddit.com/r/Bitcoin/comments/3egrjk/satoshi_symbol/ctezrh5}}</ref><ref>{{cite reddit|r=Bitcoin|id=3egrjk|title=Satoshi symbol|date=24 July 2015|post=https://www.reddit.com/r/Bitcoin/comments/3egrjk/satoshi_symbol/ctf1j9b}}</ref>
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Satoshi is sometimes abbreviated to ''sat.'' or ''s''.
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The Japanese character シ ("'''shi'''") has been proposed as a potential currency symbol for the satoshi.<ref>{{cite reddit|r=Bitcoin|id=3egrjk|title=Satoshi symbol|date=24 July 2015}}</ref> The Katakana symbol サ ("'''sa'''") has also been proposed, as it looks more reminiscent of a currency symbol.<ref>{{cite reddit|r=Bitcoin|id=3egrjk|title=Satoshi symbol|date=24 July 2015|post=https://www.reddit.com/r/Bitcoin/comments/3egrjk/satoshi_symbol/ctezrh5}}</ref><ref>{{cite reddit|r=Bitcoin|id=3egrjk|title=Satoshi symbol|date=24 July 2015|post=https://www.reddit.com/r/Bitcoin/comments/3egrjk/satoshi_symbol/ctf1j9b}}</ref> The circled shi (㋛) has been suggested to disambiguate the symbol from the character,<ref>{{cite reddit|r=Bitcoin|id=3egrjk|title=Satoshi symbol|date=24 July 2015|post=https://www.reddit.com/r/Bitcoin/comments/3egrjk/satoshi_symbol/cteue94}}</ref><ref name="ryepdx">{{cite reddit|r=Bitcoin|id=3egrjk|title=Satoshi symbol|date=24 July 2015|post=https://www.reddit.com/r/Bitcoin/comments/3egrjk/satoshi_symbol/cteue94}}</ref><ref name="grixm"/> as it is synonymous with death.<ref name="grixm">{{cite reddit|r=Bitcoin|id=3egrjk|title=Satoshi symbol|date=24 July 2015|post=https://www.reddit.com/r/Bitcoin/comments/3egrjk/satoshi_symbol/ctfj7yo}}</ref><ref name="mokahless">{{cite reddit|r=Bitcoin|id=3egrjk|title=Satoshi symbol|date=24 July 2015|post=https://www.reddit.com/r/Bitcoin/comments/3egrjk/satoshi_symbol/ctf6pvd}}</ref> Additionally, the Hiragana shi (し) is a suggestion.<ref name="mokahless"/><ref>{{cite reddit|r=Bitcoin|id=3egrjk|title=Satoshi symbol|date=24 July 2015|post=https://www.reddit.com/r/Bitcoin/comments/3egrjk/satoshi_symbol/ctf7e09}}</ref>
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More elaborate and meaningful symbols have been considered, including 聡,<ref name="dr">{{cite reddit|r=Bitcoin|id=3egrjk|title=Satoshi symbol|date=24 July 2015|post=https://www.reddit.com/r/Bitcoin/comments/3egrjk/satoshi_symbol/ctf5286}}</ref> the [[wikipedia:kanji|kanji]] designated to Satoshi Nakamoto.<ref>{{cite reddit|r=Bitcoin|id=3egrjk|title=Satoshi symbol|date=24 July 2015|post=https://www.reddit.com/r/Bitcoin/comments/3egrjk/satoshi_symbol/ctfi21g}}</ref> 龘, literally "the appearance of a dragon taking flight", has also been suggested.<ref>{{cite reddit|r=Bitcoin|id=3egrjk|title=Satoshi symbol|date=24 July 2015|post=https://www.reddit.com/r/Bitcoin/comments/3egrjk/satoshi_symbol/ctfeghl}}</ref> However, it is unlikely that an overly complicated symbol would be adopted.<ref name="dr"/>
  
 
== References ==
 
== References ==
 
<references/>
 
<references/>

Revision as of 07:24, 19 August 2015

The term "satoshi" in use on a message board
A satoshi is currently the smallest unit of the bitcoin currency usable on the block chain.[1] It is a one hundred millionth of a single bitcoin (0.00000001 BTC).[1] The unit has been named in collective homage to the original creator of Bitcoin, Satoshi Nakamoto.

All amounts in the block chain are denominated in satoshi before being converted for display. The source code also uses satoshi when specifying an amount of bitcoin.

Usage

Plural

Traditionally, the plural form has been simply satoshi,[2] but the term satoshis is also very prevalent. If the plural form were to follow the rules of Japanese grammar, it may be pronounced as satoshi,[3] satoshisa,[3] or satoshi-tachi.[4] Other alternatives, including satoshii,[5] have been suggested.

Symbol

Satoshi is sometimes abbreviated to sat. or s.

The Japanese character シ ("shi") has been proposed as a potential currency symbol for the satoshi.[6] The Katakana symbol サ ("sa") has also been proposed, as it looks more reminiscent of a currency symbol.[7][8] The circled shi (㋛) has been suggested to disambiguate the symbol from the character,[9][10][11] as it is synonymous with death.[11][12] Additionally, the Hiragana shi (し) is a suggestion.[12][13]

More elaborate and meaningful symbols have been considered, including 聡,[14] the kanji designated to Satoshi Nakamoto.[15] 龘, literally "the appearance of a dragon taking flight", has also been suggested.[16] However, it is unlikely that an overly complicated symbol would be adopted.[14]

References

  1. ↑ 1.0 1.1 What is a 'Satoshi'? - Bitcoin Stack Exchange
  2. ↑ Bitcoin Wiki revision by theymos
  3. ↑ 3.0 3.1 BitcoinTalk thread 289475. satoshii 9 September 2013. Post 3112861.
  4. ↑ japan-guide.com forum thread about plurals
  5. ↑ BitcoinTalk thread 289475. satoshii 9 September 2013.
  6. ↑ /r/Bitcoin thread 3egrjk. Satoshi symbol 24 July 2015. Self post.
  7. ↑ /r/Bitcoin thread 3egrjk. Satoshi symbol 24 July 2015. This post
  8. ↑ /r/Bitcoin thread 3egrjk. Satoshi symbol 24 July 2015. This post
  9. ↑ /r/Bitcoin thread 3egrjk. Satoshi symbol 24 July 2015. This post
  10. ↑ /r/Bitcoin thread 3egrjk. Satoshi symbol 24 July 2015. This post
  11. ↑ 11.0 11.1 /r/Bitcoin thread 3egrjk. Satoshi symbol 24 July 2015. This post
  12. ↑ 12.0 12.1 /r/Bitcoin thread 3egrjk. Satoshi symbol 24 July 2015. This post
  13. ↑ /r/Bitcoin thread 3egrjk. Satoshi symbol 24 July 2015. This post
  14. ↑ 14.0 14.1 /r/Bitcoin thread 3egrjk. Satoshi symbol 24 July 2015. This post
  15. ↑ /r/Bitcoin thread 3egrjk. Satoshi symbol 24 July 2015. This post
  16. ↑ /r/Bitcoin thread 3egrjk. Satoshi symbol 24 July 2015. This post
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