{"id":14378,"date":"2023-12-15T16:13:46","date_gmt":"2023-12-15T15:13:46","guid":{"rendered":"https:\/\/kanga.exchange\/university\/?post_type=slownik&#038;p=14378"},"modified":"2024-06-19T20:10:27","modified_gmt":"2024-06-19T18:10:27","slug":"sats","status":"publish","type":"slownik","link":"https:\/\/kanga.exchange\/university\/en\/slownik\/sats\/","title":{"rendered":"SATS"},"content":{"rendered":"<p>Satoshi is a unit of price used in the context of bitcoin. The name comes from the nickname of the person or group of people who created bitcoin &#8211; Satoshi Nakamoto.<br \/>\nUnit Capacity:<br \/>\nOne Satoshi unit is equivalent to one hundred millionth of a bitcoin (1 BTC = 100,000,000 satoshi).<br \/>\nBitcoin breakdown:<br \/>\nBitcoin, despite being a unit of digital currency, can be divided into smaller units, allowing for a more precise value.<br \/>\nUse in Transactions:<br \/>\nIn practice, when the price of bitcoin is high, transactions are often expressed in satoshi units. This allows users to focus on smaller changes in value.<br \/>\nExample of Calculation:<br \/>\nIf the price of bitcoin is $50,000 for 1 BTC, then 1 satoshi will be equivalent to $0.0000005 ($50,000 \/ 100,000,000).<br \/>\nApplication in Micropayments:<br \/>\nSatoshi units are important in the context of micropayments, where small amounts of bitcoin can be used to make online transactions.<br \/>\nSATS as an Abbreviation:<br \/>\nSometimes the abbreviation SATS is used to refer to a satoshi unit, and to indicate the amount of satoshi within a transaction.<br \/>\nPopularity in the Bitcoin Community:<br \/>\nSatoshi units are gaining popularity in the bitcoin community, especially in the context of conversations about scalability, micropayments and the precise expression of bitcoin&#8217;s value.<br \/>\nSymbolic Reference:<br \/>\nThe use of the satoshi unit alludes to the idea that bitcoin can be made available to anyone, even if they can&#8217;t purchase all of bitcoin.<br \/>\nMention of Bitcoin&#8217;s Creator:<br \/>\nUsing the satoshi name as a unit also helps to honor and remember bitcoin&#8217;s mysterious creator, Satoshi Nakamoto.<br \/>\nIn a nutshell, the satoshi unit, designated SATS, is the smallest unit of bitcoin&#8217;s price, allowing more precise value determination in the context of transactions and price expressions at lower levels of bitcoin&#8217;s value.<\/p>\n<button class=\"simplefavorite-button loading preset\" data-postid=\"14378\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"box-shadow:none;-webkit-box-shadow:none;-moz-box-shadow:none;background-color:#e75321;border-color:#e75321;color:#ffffff;\"><span class=\"sf-icon-spinner-wrapper\"><i class=\"sf-icon-spinner\"><\/i><\/span><\/button>","protected":false},"excerpt":{"rendered":"<p>Satoshi is a unit of price used in the context of bitcoin. The name comes from the nickname of the person or group of people&hellip;<\/p>\n","protected":false},"template":"","litera-slownika":[624],"class_list":["post-14378","slownik","type-slownik","status-publish","hentry","litera-slownika-s"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SATS - Kanga University<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kanga.exchange\/university\/en\/slownik\/sats\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SATS - Kanga University\" \/>\n<meta property=\"og:description\" content=\"Satoshi is a unit of price used in the context of bitcoin. The name comes from the nickname of the person or group of people&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kanga.exchange\/university\/en\/slownik\/sats\/\" \/>\n<meta property=\"og:site_name\" content=\"Kanga University\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-19T18:10:27+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/kanga.exchange\/university\/en\/slownik\/sats\/\",\"url\":\"https:\/\/kanga.exchange\/university\/en\/slownik\/sats\/\",\"name\":\"SATS - Kanga University\",\"isPartOf\":{\"@id\":\"https:\/\/kanga.exchange\/university-staging\/#website\"},\"datePublished\":\"2023-12-15T15:13:46+00:00\",\"dateModified\":\"2024-06-19T18:10:27+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/kanga.exchange\/university\/en\/slownik\/sats\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/kanga.exchange\/university\/en\/slownik\/sats\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/kanga.exchange\/university\/en\/slownik\/sats\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/kanga.exchange\/university\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SATS\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/kanga.exchange\/university-staging\/#website\",\"url\":\"https:\/\/kanga.exchange\/university-staging\/\",\"name\":\"Kanga University\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/kanga.exchange\/university-staging\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SATS - Kanga University","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/kanga.exchange\/university\/en\/slownik\/sats\/","og_locale":"en_US","og_type":"article","og_title":"SATS - Kanga University","og_description":"Satoshi is a unit of price used in the context of bitcoin. 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