• CoinStic
  • Posts
  • The Satoshi Is (Finally) on the Verge of Getting Its Own Symbol

The Satoshi Is (Finally) on the Verge of Getting Its Own Symbol

[the_ad id=”36860″]

Lightning Labs and Square have sparked a friendly competition to give the Satoshi, the smallest unit of Bitcoin, its own symbol.

It started after Desiree Dickerson, the head of operations at Lightning Labs, asked Square Crypto if they could crowdsource a symbol from the community on Twitter.

For sure. Send us your ideas and we’ll retweet our favorites. ? https://t.co/V1QGYFVdUv

— Spiral (@spiralbtc) July 28, 2019

Each Bitcoin can be broken up into 100 million Satoshis, similar to the way one dollar equals 100 pennies. Expressed as a number, one Satoshi equals 0.00000001 BTC.

In order for Bitcoin to attain widespread adoption as a currency, the Satoshi will likely have to stand on its own and become widely used and understood. Although Bitcoin has hit the mainstream vernacular, newcomers to the space are slow to realize that it’s possible to buy, sell and transfer fractions of the leading cryptocurrency.

[the_ad id=”36860″]

Once the Satoshi symbol challenge began on Twitter, entries quickly started pouring in. Here’s a look at a few of the submissions.

Hi! I'm so glad you asked! I've been promoting "the sat" character for almost a year now. I have a simple github with custom fonts and images of the ($@) character. Feel free to use it! pic.twitter.com/StBmG0EjSz

Seems so obvious, taken from Reddit... pic.twitter.com/72dl9PHqlw

You can check out the full thread and all of the submissions here.

[the_ad id=”36860″]

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.