Difference between revisions of "Satoshi (unit)"

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(Bitcoin is not an organisation, so not sure "founder" fits)
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A '''satoshi''' is currently the smallest unit of the Bitcoin currency supported by the block chain (1/100,000,000 BTC or 0.00000001 BTC). The unit has been named in collective homage to the original creator of Bitcoin, [[Satoshi Nakamoto]].
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[[File:SatoshiUsage.png|thumb|The term "satoshi" in use on a message board]]A '''satoshi''' is currently the smallest unit of the bitcoin currency supported by the block chain. It is a one hundred millionth of a single bitcoin (0.00000001 BTC). The unit has been named in collective homage to the original creator of Bitcoin, [[Satoshi Nakamoto]].
  
All amounts in the block chain are denominated in satoshis before being converted for display.
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All amounts in the block chain are denominated in satoshi before being converted for display. The source code also uses satoshi when specifying an amount of bitcoin.
  
== Symbol ==
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==Usage==
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===Plural===
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Traditionally, the plural form has been simply ''satoshi'', but the term ''satoshis'' is also very prevalent. If the plural form were to follow the rules of Japanese grammar, it may be pronounced as ''satoshi'',<ref name="jj73">{{cite btct|id=289475|post=3112861|date=9 September 2013|title=satoshii}}</ref> ''satoshisa'',<ref name="jj73"/> or ''satoshi-tachi''.<ref>[http://www.japan-guide.com/forum/quereadisplay.html?0+95102 japan-guide.com forum thread about plurals]</ref>
  
The Japanese characters サ ("sa") and シ ("shi") have been proposed as potential currency symbols for the satoshi.<ref>{{cite reddit|r=Bitcoin|id=3egrjk|title=Satoshi symbol|date=24 July 2015}}</ref>
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===Symbol===
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The Japanese character シ ("'''shi'''") has been proposed as a potential currency symbol for the satoshi.<ref>{{cite reddit|r=Bitcoin|id=3egrjk|title=Satoshi symbol|date=24 July 2015}}</ref> The Katakana symbol サ ("'''sa'''") has also been proposed, as it looks more reminiscent of a currency symbol.<ref>{{cite reddit|r=Bitcoin|id=3egrjk|title=Satoshi symbol|date=24 July 2015|post=https://www.reddit.com/r/Bitcoin/comments/3egrjk/satoshi_symbol/ctezrh5}}</ref><ref>{{cite reddit|r=Bitcoin|id=3egrjk|title=Satoshi symbol|date=24 July 2015|post=https://www.reddit.com/r/Bitcoin/comments/3egrjk/satoshi_symbol/ctf1j9b}}</ref>
  
 
== References ==
 
== References ==
 
<references/>
 
<references/>

Revision as of 06:42, 19 August 2015

The term "satoshi" in use on a message board
A satoshi is currently the smallest unit of the bitcoin currency supported by the block chain. It is a one hundred millionth of a single bitcoin (0.00000001 BTC). The unit has been named in collective homage to the original creator of Bitcoin, Satoshi Nakamoto.

All amounts in the block chain are denominated in satoshi before being converted for display. The source code also uses satoshi when specifying an amount of bitcoin.

Usage

Plural

Traditionally, the plural form has been simply satoshi, but the term satoshis is also very prevalent. If the plural form were to follow the rules of Japanese grammar, it may be pronounced as satoshi,[1] satoshisa,[1] or satoshi-tachi.[2]

Symbol

The Japanese character シ ("shi") has been proposed as a potential currency symbol for the satoshi.[3] The Katakana symbol サ ("sa") has also been proposed, as it looks more reminiscent of a currency symbol.[4][5]

References

  1. 1.0 1.1 BitcoinTalk thread 289475. satoshii 9 September 2013. Post 3112861.
  2. japan-guide.com forum thread about plurals
  3. /r/Bitcoin thread 3egrjk. Satoshi symbol 24 July 2015. Self post.
  4. /r/Bitcoin thread 3egrjk. Satoshi symbol 24 July 2015. This post
  5. /r/Bitcoin thread 3egrjk. Satoshi symbol 24 July 2015. This post