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NFT Term

Satoshi

Definition of Satoshi from the NFTguild.com glossary.

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A “Satoshi”, sometimes shortened to as “sat”, is the smallest possible unit of the Bitcoin blockchain’s native cryptocurrency, Bitcoin (BTC).1 satoshi = 0.00000001 BTC. This denomination of Bitcoin is named after Bitcoin’s mysterious founder Satoshi Nakamoto. One Satoshi = one hundred millionth of (1) Bitcoin (BTC).

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