Table of Contents
How many bitcoin is a Satoshi?
100 millionth
A satoshi is the smallest unit of a bitcoin, equivalent to 100 millionth of a bitcoin.
Who owned the first bitcoin?
Satoshi Nakamoto
| Bitcoin | |
|---|---|
| Original author(s) | Satoshi Nakamoto |
| White paper | “Bitcoin: A Peer-to-Peer Electronic Cash System” |
| Implementation(s) | Bitcoin Core |
| Initial release | 0.1.0 / 9 January 2009 |
Who started bitcoin and why?
On 3 January 2009, the bitcoin network came into existence with Satoshi Nakamoto mining the genesis block of bitcoin (block number 0), which had a reward of 50 bitcoins. Embedded in the coinbase of this block was the text: The Times Jan/03/2009 Chancellor on brink of second bailout for banks.
How much will a Satoshi be worth?
So for one Satoshi to be worth $1, the value of one Bitcoin would have to reach $100 million. At the time of writing, one Bitcoin is worth ~$40,000 USD. Therefore one Satoshi is worth ~$0.0004, making $1 USD worth about 2,500 SAT.
How much is a Satoshi worth today?
Satoshi’s price today is 0.0004883 USD, with a 24-hour trading volume of 3.32 M USD.
Where is Satoshi Nakamoto from?
Japan
| Satoshi Nakamoto | |
|---|---|
| Born | 5 April 1975 (claimed) Japan (claimed) |
| Nationality | Japanese (claimed) |
| Known for | Inventing bitcoin, implementing the first blockchain |
| Scientific career |
What does Satoshi Nakamoto mean in Japanese?
Satoshi is a name which finds its roots in Japan. The meaning of Satoshi translates to ‘clear thinking’, ‘wise’, ‘an intelligent history’, ‘quick-witted’. The developer of bitcoin and its first database goes by the pseudonym of Satoshi Nakamoto. Satoshi Tajiri is the creator of ‘Pokemon’.
What is the price of 1 Satoshi?
The live Satoshi price today is $0.000477 USD with a 24-hour trading volume of $2,349,269 USD.
Can a Satoshi be worth a dollar?
You would get $0,0003. This is what 1 satoshi is worth. So now divide 1 (representing $1) by the value of a single satoshi in dollars to get the number of satoshis that equal $1.