Satoshi

Satoshi is the smallest unit of Bitcoin, named after its creator, Satoshi Nakamoto. It represents one hundred millionth of a single Bitcoin (0.00000001 BTC). This subdivision allows for microtransactions and better price granularity in the Bitcoin network. As Bitcoin's value increases, the Satoshi becomes more useful for everyday transactions, making it possible for users to send very small amounts of Bitcoin. Understanding Satoshis is crucial for anyone dealing with Bitcoin, as they facilitate transactions and pricing in smaller, more manageable increments.