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…
This story continues at The Next Web
Or just read more coverage about: Bitcoin