'Satoshi' is the term for the smallest unit of Bitcoins.
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178 views
Is it possible to send one satoshi to every bitcoin address?
As a random whim, I want to see if it's possible to send one satoshi to every bitcoin address that's ever been used. How much would that be? I'm betting the transaction fee would be a lot more, ...
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votes
1answer
201 views
Does it make sense to “collect” smaller transactions balances into a single account during low activity?
My understanding is that it's possible for extra bitcoins to be left in several accounts within my wallet. The scattering of these coins into different accounts may cause future transactions to ...
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votes
3answers
247 views
Alternative uses for last five decimal places of an individual Bitcoin (0.000xxxxx)
At the current conversion rates only the first three decimal points of an individual Bitcoin can be exchanged for a USD equivalent. e.g. 0.002 BTC equals 2 USD cents.
That opens up possibilities for ...
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3answers
1k views
What will happen to mining after the 20 999 999th Bitcoin?
After the 21 millionth bitcoin or 20 999 999th bitcoin is mined, what will happen to bitcoin mining? - will it just stop, or will we make a further division of the satoshi thanks to Bitcoin's infinite ...
6
votes
1answer
349 views
Is there a reason SatoshiDice & BitLotto use 0.00543210 BTC, and not 1 satoshi, to customize pay-to addresses?
SatoshiDice and BitLotto allow players to customize where winnings are sent by including an extra 0.00543210 BTC payment to the desired address as part of the entry transaction.
Is there a technical ...
7
votes
2answers
951 views
Why can we have small fractions of a Bitcoin?
I didn't study the inner workings of Bitcoin (yet), but already since when I just started using it, I wondered why a Bitcoin can be split up in parts.
Because there is a limit on the amount of Bitcoin ...
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votes
2answers
500 views
Did Satoshi object to embedding data in the block chain? Why?
From this post:
Our beloved Satoshi is on record that he doesn’t think it appropriate
to embed data willy-nilly in the block-chain
Is this claim true? If so, why did he object?
I don't think ...
5
votes
1answer
781 views
Has anyone tried transfering 0.00000001 BTC (the currently minimum amount) successfully?
I did an experiment of withdrawing 0.00000001 BTC from MtGox. And this transaction still cannot be seen on http://blockexplorer.com/ after about an hour.
Concern solved, thank you everybody!
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3answers
316 views
Will we ever need smaller amounts of Bitcoin than a Satoshi?
See also What is a Satoshi
Will there ever be a need to create a unit of Bitcoin smaller than a Satoshi?
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2answers
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What is a 'Satoshi'?
I am aware that Satoshi Nakamoto is the author of the paper that originated Bitcoin and the creator of the original bitcoin client. However, I often hear the term Satoshi as if it was a monetary unit.
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