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13 votes
Accepted

What is a millisatoshi? I thought satoshi is the smallest unit?

It's not a mistake, it's literally a thousandth of a satoshi. A satoshi is the smallest unit for bitcoin, but lightning can transact with even smaller units while channels are open. The amount is ...
meshcollider's user avatar
  • 11.9k
10 votes
Accepted

Why exactly would adding further divisibility to bitcoin require a hard fork?

I think the answer depends on exactly how you define "forced" soft fork. I find that this concept of a forced soft fork is mostly useful as a demonstration that being a soft fork (in the ...
Pieter Wuille's user avatar
7 votes
Accepted

Will all UTXOs eventually be worth 1 Satoshi?

Can two UTXOs ever be combined into one UTXO? Yes, absolutely. Each transaction can have any number of inputs and outputs; it can certainly have fewer outputs than inputs. Here for example is a ...
Nate Eldredge's user avatar
6 votes
Accepted

More decimals to Bitcoin

The Bitcoin developers would have to hard fork the chain to allow it. I also don't think Bitcoin can get that expensive. Your talking 1 BTC = $100,000,000. If that's the case, the Bitcoin market cap ...
Monstrum's user avatar
  • 1,334
5 votes

Who was the person that told Satoshi "You will not find a solution to political problems in cryptography"?

It seems that no-one except Satoshi and the original author knows, as indeed the correspondence was not made on the mailing list and the rest of the message was not made public.
meshcollider's user avatar
  • 11.9k
5 votes

Fiat to Satoshi Relationship

The number of satoshi per bitcoin is 1e8 or 100,000,000, so if you have a fiat value per bitcoin such as $7000/BTC, the calculation is: $/satoshi = $7000/1e8 = $0.00007 per satoshi Of course, ...
JBaczuk's user avatar
  • 7,428
5 votes
Accepted

Bitcoin alpha version with 15 minutes block time interval

Cryddit on Bitcointalk posted some source code that Satoshi supposedly emailed to him. This code contains a target interval of 15 minutes rather than 10. It is in https://bitcointalk.org/index.php?...
Ava Chow's user avatar
  • 71.1k
5 votes

Did Satoshi ever acknowledge that his name was a pseudonym?

This post is the closest to an acknowledgement that is was a pseudonym as can be found: "I am not Dorian Nakamoto." http://p2pfoundation.ning.com/xn/detail/2003008:Comment:52186 http://www.forbes....
Rudolf Harrison's user avatar
4 votes

What is the numerical definition of a Satoshi relative to a BTC?

Satoshis are indivisible on the Bitcoin blockchain. Therefore, it doesn't make any sense to add a decimal point or digits after the decimal point to satoshi values. The conversion is: 100,000,000 ...
Murch's user avatar
  • 76.1k
4 votes

what is the fastest free way to get at least 1 satoshi

There are no shortcuts, nor any free rides. First off, you aren't going to be able to do anything with 1 satoshi. You wouldn't be able to afford the mining fee to transfer it anywhere, which means ...
Jestin's user avatar
  • 8,822
4 votes
Accepted

Is there any Bitcoin layer (eg. Bitcoin = L1, Lightning = L2, etc.) on which the satoshi (SAT) is divisible?

The native unit of the Bitcoin protocol is the satoshi. All output values in Bitcoin transactions are expressed in whole numbers of satoshis. Bitcoin's protocol does not use any non-integer values for ...
Murch's user avatar
  • 76.1k
4 votes

Why exactly would adding further divisibility to bitcoin require a hard fork?

It requires a hard fork because it would essentially be a redefinition of the base unit. In Bitcoin, the base unit is the Satoshi. Amounts in transactions are counted with integers in sats. This ...
Ava Chow's user avatar
  • 71.1k
3 votes
Accepted

Can the bitcoin lightning network support more than 8 decimal places?

Lightning uses millisatoshis as the unit of account for all transactions and routing fees, but the sub-satoshi balances are not reflected on the bitcoin blockchain in the event of channel closure. ...
Mark H's user avatar
  • 3,334
3 votes

Can the bitcoin lightning network support more than 8 decimal places?

Generally lightning transfers the currency of the baselayer. In the case of Bitcoin the smallest unit of account is 1 Satosh. However the base unit on lightning is 1/1000 of 1 Satoshi. This means that ...
Rene Pickhardt's user avatar
3 votes

More decimals to Bitcoin

If one Satoshi would be 1 dolar, then the full market cap of Bitcoin would be all the coins available multiplied by it's price. There is 16707388 bitcoins in circulation at 29th/november/2017. A ...
Frenato's user avatar
  • 31
3 votes

Can an altcoin be worth less than 1 satoshi (0.00000001 BTC)?

Can an altcoin be worth less than 1 satoshi (0.00000001 BTC)? Yes Is this a reasonable position? No
amaclin's user avatar
  • 6,780
3 votes
Accepted

In manual raw tx creation, how do you specify the amount of the bitcoin to be sent?

99900000 in hex is 5F45A60. Padded out to be a 64-bit integer makes it 0000000005F45A60. But Bitcoin uses little endian for most things, so this will need to be converted to little endian by ...
Ava Chow's user avatar
  • 71.1k
3 votes

Where can I find the Bitcoin white paper in plain text markdown format?

I recently created a markdown version of the Bitcoin Whitepaper, which you can find at https://github.com/dhimmel/bitcoin-whitepaper/tree/master/content. Most of the markdown text is in this file. I ...
Daniel Himmelstein's user avatar
2 votes

Can each Bitcoin and Satoshi be uniquely identified?

Can each Bitcoin and Satoshi be uniquely identified? 1. Does each Satoshi have it's own unique identity? No. If I show you transaction xyz on blockchain.info, you can see where the groups of ...
Willtech's user avatar
  • 3,279
2 votes
Accepted

What's the best way to get rid of 1 satoshi dust?

In the current environment, I doubt that you can. Blocks are full these days, and the block space needed to spend your UTXO, whether as its own transaction or as one input of many similar ...
Nate Eldredge's user avatar
2 votes

Can an altcoin be worth less than 1 satoshi (0.00000001 BTC)?

Altcoin can be valued much lower than 1 satoshi. Sprouts is ranked 152 on Market Cap and 496 on 24 Hour Transaction. But its value is 8.027e-09 BTC as on 13th of September. It was valued higher and it ...
hapx101's user avatar
  • 21
2 votes

Locating bitcoin from 2009

This sort of question comes up moderately often. Bitcoin.stackexchange.com is a self-help Q&A website and has never provided Bitcoin wallets or acted as a custodian of money or as a register of ...
RedGrittyBrick's user avatar
1 vote

Is there a reason why 1 bitcoin = 100000000 sats?

I don't know of any comments Satoshi left himself about the choice of 8 decimal places, but this comment on bitcointalk.org alleges that it was the result of a computation involving the M1 world fiat ...
Pieter Wuille's user avatar
1 vote

How are Satoshis accounted for?

Satoshis, or BTC, are not explicitly tracked. You cannot compute an exact history of the addresses a specific satoshi has passed through. At a technical level, every transaction "mixes" a ...
Pieter Wuille's user avatar
1 vote

Does bitcoin have enough resolution to replace all other currency?

The question is good (and has been asked before) but contains a misconception No one buys rice a grain at a time The granularity problem gets even worse since prices for mass produced items (like ...
RedGrittyBrick's user avatar
1 vote

Is there a widely used symbol for satoshi yet?

I can't find where I first saw this symbol used for sats, but I've seen it a few times now and it is kind of growing on me: ยง
Stephen Gornick's user avatar
1 vote

Is there a widely used symbol for satoshi yet?

No. Satoshi is often abbreviated to sat or s, although no currency symbol has been widely adopted. https://en.bitcoin.it/wiki/Satoshi_(unit)
yahiheb's user avatar
  • 179
1 vote

How to get amount in RPC

The amounts returned by Bitcoin Core are accurate. They are not actually doubles; they're just output that way for convenience. Bitcoin Core internally uses a int64 and the amounts are satoshis. When ...
Ava Chow's user avatar
  • 71.1k
1 vote

Who was the person that told Satoshi "You will not find a solution to political problems in cryptography"?

Here is a dump of all the messages in the month I can't find the exact phrase "You will not find a solution to political problems in cryptography." anywhere else but Satoshi's message. (However it ...
Fuzzybear's user avatar
  • 467
1 vote

Insufficient money, need xxxxxx Satoshis

Seems others have had similar problems with that wallet they say the fee is like 0.0001 BTC but I had to make it 0.0005 or more BTC for it to send. Support Issue
RedGrittyBrick's user avatar

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