The satoshi, or SAT for short, is a unit of measurement for Bitcoin (BTC). Specifically, this unit is the smallest fraction into which the popular virtual currency can be divided. This definition was devised to address some implications of Bitcoin payments; in other words, it was decided to name the granularity of the currency. The main idea behind this naming convention is to simplify its use and make it more accessible when making purchases. This unit of measurement makes it easy to use satoshis to execute BTC micropayments. For example, a single bitcoin is worth $45,051,905 Chilean pesos. If you wish to buy or invest in the currency, you can do so without having to pay for a whole BTC, but only the specific fraction you want. The conversion of satoshi values to bitcoin is as follows: 1 Satoshi - 0.00000001 BTC 10 Satoshi - 0.00000010 BTC 100 Satoshi - 0.00000100 BTC 1,000 Satoshi - 0.00001000 BTC 10,000 Satoshi - 0.00010000 BTC 100,000 Satoshi - 0.00100000 BTC 1,000,000 Satoshi - 0.01000000 BTC 10,000,000 Satoshi - 0.10000000 BTC 100,000,000 Satoshi - 1.00000000 BTC Therefore, the satoshi is One hundred millionth of a bitcoin. It is named after Satoshi Nakamoto, who began to gain prominence in 2008 after designing the bitcoin protocol. That same year, Nakamoto published a research article called “Cryptography Mailing List,” explaining the currency\'s protocols.