CryptoURANUS Economics: Satoshi: Defined in CryptoCurrency

CryptoCurrencies


Thursday, August 9, 2018

Satoshi: Defined in CryptoCurrency

Satoshi: Defined in CryptoCurrency


Satoshi Nakamoto is the founder and creator of bitcoin, the most popular cryptocurrency. The smallest amount of bitcoin (0.00000001) was also named after him, it is called a Satoshi.



This tiny amount of bitcoin is one hundred-millionth of a bitcoin. That’s 7 zeros before the number 1!



Satoshi Nakamoto is an unknown person or group of people who created bitcoin in 2009. Very little is known about Satoshi. In an online profile he claims to be a Japanese man born in 1975, but all of his software and online conversations are in perfect English.

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