sats
Technology & Computing abbreviation · Cryptocurrency & Blockchain
| Stands for | Satoshis |
|---|---|
| Categories | Technology & Computing |
sats stands for Satoshis, a cryptocurrency & blockchain abbreviation.
The smallest units of bitcoin, each worth one hundred-millionth (0.00000001) of a bitcoin and named after the pseudonymous creator Satoshi Nakamoto. Fees, small payments and Lightning Network transactions are usually quoted in sats.
Example: The network fee was 1,200 sats, a few cents at the time.
Usage notes
People who buy small amounts regularly call it "stacking sats". Some wallets display balances in sats rather than fractional bitcoin to make small amounts easier to read. Fee rates are commonly expressed in sats per virtual byte (sat/vB). The singular is "sat".