The first Bitcoin transaction took place on January 12, 2009, from Satoshi Nakamoto to Hal Finney. Nakamoto sent Finney 10 bitcoins as a test transaction. Bitcoin is a digital currency that is created and stored electronically. Bitcoin is decentralized, meaning that it is not controlled by any single institution. Transactions are verified by network nodes […]
How Many Satoshi’s In One Bitcoin
In order to understand how many satoshis are in a bitcoin, it is first important to understand what a satoshi is. Satoshi is the smallest possible unit of bitcoin, and is equivalent to 0.00000001 bitcoin. This means that there are 100 million satoshis in a single bitcoin. Since bitcoins can be divided into smaller and […]
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