Crypto terms sats

crypto terms sats

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This article was originally published writer for CoinDesk. It will not be possible in one bitcoin, meaning each satoshi is worth 0.

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The satoshi is the smallest denomination of the cryptocurrency bitcoin. It is named after Satoshi Nakamoto, the Bitcoin creator(s). Sats, short for satoshis, is a denomination of Bitcoin. One satoshi is equal to Bitcoin, which is the smallest unit of the digital currency. Sats, i.e. buying more Bitcoin. Stablecoin: A stablecoin is any cryptocurrency or blockchain-based token whose value is pegged to another.
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    calendar_month 22.05.2020
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Abundance bitcoin app

In the context of cryptocurrencies, the ledger is the transaction history of a given cryptocurrency as stored on the blockchain. Blockchain Blockchains are a method of storing data in a decentralized way. Public key Generated alongside your private key as a pair, your public key is a long string of characters that is run through an algorithm to produce your wallet address. Learn about some of the most commonly used terms and phrases in the cryptocurrency and blockchain industry today.