'Satoshi' is the term for the smallest unit of Bitcoins.

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How many Dogecoin-satoshis will ever exist?

In Bitcoin, there will only ever be ~21,000,000 coins (slightly less, technically, but I'll just use 21 million for easy calculation). Each bitcoin is 10^8 satoshis. This means there be a maximum: ...
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Why do the Bitcoin RPC Calls use decimals for coin amounts?

The Bitcoin RPC calls all use 8 digit decimals ('reals') to encode amounts of satoshis. For example, if I get a transaction output, it might look like this: { "value" : 0.00050000, "n" : 1, ...
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Why does bitcoin have so many digits if I cannot move anything freely under 10000 satoshi?

So I have a wallet which has a balance of BTC 0.00005493. Even when trying to send these last bitcoin with a custom tx fee (1000 satoshi vs. the recommended 10000) Blockchain.info gives an error ...
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What is a “mike”?

The MultiBit website mentions Bitcoin amounts being showns as "mikes": Everybody has a different way of wanting to display their balances and this is especially true when dealing with different ...
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How to store Bitcoin values in a MySQL database? floats are bad… right?

What should I be using to store the values of a wallet in a MySQL database? Apparently floats are too imprecise to be storing Bitcoins, especially down to the satoshi. So what should I be using? ...
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Why do my transactions show I received 1 satoshi?

My Multi-Bit client shows 1 satoshi sent to me in my receiving transactions, with 1 confirmation only. The receiving address is quite old too. Why is that showing up when I didn't send myself anything ...
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Can each Bitcoin and Satoshi be uniquely identified?

I'm pretty sure I've read somewhere that BitCoins have an "address", so they can be uniquely identified. What I want to know is: Does each Satoshi have it's own unique identity? How is the identity ...
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Is it possible to spend outputs with very small amounts?

I'm a Bitcoin newbie and this is rather theoretical question based on this discussion's accepted answer: transaction creation failed So does it essentially mean that in case if my wallet is ...
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173 views

Can free bitcoins from faucets be actually spent?

Suppose that I have a wallet with 0.001 bitcoins, from dozens of micro transactions (6000 satoshi in average). That means if I want to spend them, it must be concatenated and the transaction fee would ...
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Who has named 10e-8 BTC “Satoshi”?

When and where did the term come up for the first time? Did Satoshi Nakamoto comment on the naming?
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992 views

Naming convention: MilliBit or Millibitcoins (mBTC), microbitcoin or Mikrobitcoins (μBTC)?

I heard about many use: Bitcents, Bitmills (or Bitmilles) 1.02 - One bitcoin and two bitcents 0.001 - One millibitcoin (nickname "one Millie") 0.000001 - One microbitcoin (nickname "one Mike") ...
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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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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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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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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 ...
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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 ...
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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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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 ...
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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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Will we ever need smaller amounts of Bitcoin than a Satoshi?

Will there ever be a need to create a unit of Bitcoin smaller than a Satoshi? See also: What is a 'Satoshi'?
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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. ...