Bitcoin Glossary – Terminology and Definitions

It is a quick reference to the most important Bitcoin terminology. Please check any term to reveal the definition.

Bitcoin Glossary

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There are 4 names in this directory beginning with the letter S.
satoshi
The smallest divisible unit of one bitcoin. There are 100 million satoshis (8 decimal places) in one bitcoin. One satoshi = 0.0000001 bitcoins.

Satoshi Nakamoto
The inventor of Bitcoin.

SHA-256
The specific hash function used in the mining process to secure bitcoin transactions.

Signature
A portion of a Bitcoin transaction that proves that the owner of the private key has approved the transaction.


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