SatsPrice

(SATS)

'Sats (sats)' is a BRC-20 token that represents satoshis, the smallest unit of Bitcoin. It was initially introduced as an early meme coin on the Bitcoin blockchain. This token facilitates the creation and movement of BRC-20 standard tokens, directly linking them to Bitcoin units, and serves as a fundamental building block for new functionalities.

The 'Sats' token's purpose is to enable precise, low-value transactions and expand Bitcoin's utility by tokenizing satoshis. It simplifies fractional ownership and microtransactions, suitable for tipping or pay-per-use services, while leveraging Bitcoin's inherent security. It provides infrastructure for businesses, developers, and investors, and supports the creation of fungible tokens by linking data to individual satoshis.

'Sats (sats)' is built upon the Ordinals protocol, which enables data inscription directly onto individual satoshis on the Bitcoin blockchain. This process transforms satoshis into programmable units carrying specific metadata. As a BRC-20 token, it adheres to a fungible token standard operating on Bitcoin, thus enhancing Bitcoin's capabilities beyond simple value transfers by supporting new forms of digital assets and utility.

The total supply of 'Sats (sats)' is fixed at 2.1 quadrillion. This immense supply figure is precisely 100 million times greater than Bitcoin's maximum supply, mirroring Bitcoin's 21 million BTC cap. This scaling ensures compatibility with Bitcoin's scarcity model, effectively representing the total number of satoshis that will ever exist within the Bitcoin ecosystem, thus preserving its fundamental economic principles.

"Sats" (lowercase) refers to the smallest denomination of Bitcoin, where 100 million satoshis equal one BTC. In contrast, 'Sats (sats)' as a BRC-20 token is a distinct digital asset constructed on the Bitcoin blockchain. It leverages Bitcoin's robust security and established infrastructure through the innovative Ordinals protocol and the BRC-20 token standard, effectively extending Bitcoin's utility rather than replacing it.

'Sats (sats)' addresses the challenge of enabling granular, low-value transactions and expanding the utility of Bitcoin's smallest units. By tokenizing satoshis via the Ordinals protocol and BRC-20 standard, it creates a mechanism for microtransactions and fractional ownership while inheriting Bitcoin's security. This blockchain-native approach ensures transparency, immutability, and decentralization, which are crucial for reliable and trustless interaction in these use cases.