Understanding Bitcoin’s smallest unit, the Satoshi

Understanding Bitcoin’s smallest unit, the Satoshi
ôîòî ïîêàçàíî ñ : thenextweb.com

2019-10-16 15:13

Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. Last week, the Oxford English Dictionary (OED) included the word ‘Satoshi.

’ To celebrate this significant milestone, we thought it would be a great time to explain what a Satoshi is, how it works, and why it’s important for Bitcoin.   What is the Satoshi Put simply, a Satoshi is the tiniest unit of Bitcoin in existence. As you’ve probably already guessed, it’s named after Satoshi Nakamoto, the mysterious creator — or creators — of Bitcoin and…

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Multiple Grammy Award Winner, Pharrell Williams Wants To Perform A Song About Bitcoin For Satoshi

Pharrell Williams is in search of Satoshi Nakamoto to play him a song about Bitcoin he made in 2011. The “Happy” crooner claimed he made a song with  American DJ, Diplo. Satoshi’s identity has remained a mystery since the invention of Bitcoin with several persons suspected of being the real Satoshi. More entertainers are paying […]

2021-11-29 22:56


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Bitcoin is a Permissionless, Decentralized Firearm: Cody Wilson is Satoshi Nakamoto

The path to a cryptocurrency revolution might just run through a sleepy Austin, Texas industrial park, home to offices of Cody Wilson and his company, Defense Distributed in the United States. Parallels exist between downloadable files from a website, allowing users access to 3D printable firearms, and a permissionless, decentralized, censorship-resistant medium of exchange.

2018-8-14 04:50


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Campaign To Find The “Real” Satoshi Garners $70,000 USD In Crowdfunding

The true identity of Satoshi Nakamoto, the creator of Bitcoin, has been a heavily contested topic in the cryptocurrency community for the better part of a decade. Even though Satoshi has since faded into the shadows, with some classifying him as somewhat of a legend, many still seek to find out who he, she, or […] The post Campaign To Find The “Real” Satoshi Garners $70,000 USD In Crowdfunding appeared first on Ethereum World News.

2018-8-13 22:30


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Wendy McElroy: Free-Market Law Enforcement for Crypto

The Satoshi Revolution: A Revolution of Rising Expectations. Section 4: State Versus Society Chapter 9, Part 6 Government is a law factory. It passes laws in the same manner that another type of factory extrudes metal molding…But, whereas a factory which extrudes metal molding is providing a product which is useful to the citizens generally, […] The post Wendy McElroy: Free-Market Law Enforcement for Crypto appeared first on Bitcoin News.

2018-8-11 18:00


Bank For International Settlements (BIS) Continues Bashing Bitcoin As A Currency

The debate over the legitimacy of Bitcoin as a currency has persisted since the beginning of the creation of the coin. When the mysterious Satoshi Nakamoto rolled out the Bitcoin blockchain years ago, skeptics almost immediately began to argue that the currency would quickly peter out, losing value as quickly as it had gained notoriety. […]

2018-8-10 11:18


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There’s More to Cryptoassets than just Cryptocurrency

Since the creation and release of Bitcoin by Satoshi Nakamoto nearly a decade ago, quite many blockchain developers have been inspired by the success of the pioneer cryptoasset and have gone ahead to create several cryptoassets that fall under categories such as utility cryptoassets, security cryptoassets, and others we shall shed more light on shortly.

2018-8-6 14:00


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A Look at Stylometry: Can We Uncover Satoshi Through Literary Quirks?

Over the past few years, the number of people hunting for Satoshi Nakamoto has increased as people all over the world have been in search of the mysterious creator of Bitcoin. The cryptocurrency-community has also seen a few people come out of the woodwork recently, who have claimed to be Satoshi or have been accused […] The post A Look at Stylometry: Can We Uncover Satoshi Through Literary Quirks? appeared first on Bitcoin News.

2018-8-6 02:45


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Game Theory in Cryptoeconomics

Bitcoin’s pseudonymous creator(s) Satoshi Nakamoto utilized a range of scientific and economic models when he developed the world’s first digital currency. While many of these technologies already existed, it was Nakamoto’s combination of this knowledge – in conjunction with his developed distributed ledger technology (DLT) – that ushered in a new age of decentralized digital currencies.

2018-8-4 00:00


Tron [TRX]’s Justin Sun says Satoshi Nakamoto was interested in Project Atlas

Justin Sun, the Founder and CEO of Tron Foundation announced on his social media platform that Satoshi Nakamoto, the creator of Bitcoin, was interested in Project Atlas. The CEO of Tron Foundation announced: “It seems that Satoshi Nakamoto himself was interested in joining our Atlas project since Nov. 03 2008.” Screenshot attached along with the […]

2018-8-3 17:23


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Was Bitcoin Created by TRON Founder Justin Sun?

Justin Sun, the Founder of TRON and one of Twitter’s best loved crypto superstars is no stranger to the headlines. There’s one headline this week that has been circulating the community and its one that highlights a connection between TRON’s latest move in their BitTorrent acquisition and a comment by the illusive Bitcoin creator, Satoshi Nakamoto who seemed to refer to success in file sharing, way back when.

2018-8-2 13:30