Satoshi Nakamoto
You may have stumbled upon this page hoping to find out how many satoshis are in a bitcoin or the USD value of your satoshis. Is Bitcoin susceptible to the Cantillon effect.
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Pay respect to visionary prognosticators at The Skeptics.
. A satoshi is the smallest unit of the bitcoin cryptocurrency named after its pseudonymous creator or creators Satoshi Nakamoto. According to the software rules each bitcoin can be subdivided into a satoshi to bitcoin ratio of 100 million to 1 meaning. Digital signatures provide part of the solution but the main benefits are lost if a trusted third party is still required to prevent double-spending.
Ive been working on a new electronic cash system thats fully peer-to-peer with no trusted third party. Check out the original code and website for Hal Finneys Reusable Proofs of Work. Read Satoshis White Paper.
To find an answer please read this Bitcoin-Cantillon effect article. A Tribute to Bold. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.
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