The unknown person or group of people who created Bitcoin.

Satoshi Nakamoto is the pseudonym of the founder of Bitcoin. The gender and identity of this person or group of people are unknown. However, a number of individuals have been suspected of being Nakamoto, including Dorian Nakamoto, Craig Wright, and Nick Szabo. However, there has never been sufficient evidence to back up these claims.

The identity of Satoshi Nakamoto may not be known, but the impact this great icon has made by authoring the bitcoin whitepaper, designing the first blockchain database, and creating the world’s first digital currency cannot be forgotten in the digital world.

An emergency guarantee founded by Binance to protect users’ funds.

Secure Asset Fund for Users (SAFU) is an emergency guarantee fund for the insurance of users’ funds. It was founded by Binance on July 3, 2018, with its value rated at $1,000,000 on the day of its price opening. Its fund wallets are Build N Build (BNB), Binance USD (BUSD), and Bitcoin (BTC).

The smallest fraction of a bitcoin equaling 0.00000001 BTC in value.

A Satoshi is the smallest fraction of a bitcoin that amounts to a value of 0.00000001 BTC. Although it does not have a symbol that has been attached to it to distinguish between other currencies, it is still able to serve well as an accepted medium of exchange because it is Bitcoin’s smallest currency.

Even though all bitcoin wallets accept satoshis, users are expected to check for the minimum amount limit before using them. Also, when selecting a wallet to keep satoshi, users should allot additional importance to picking the ones that can save private keys.

Satoshi Nakamoto

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