Satoshi refers to the smallest unit of Bitcoin, named after its pseudonymous creator, Satoshi Nakamoto. One Bitcoin can be divided into 100 million satoshis, making it a crucial unit for transactions involving fractions of Bitcoin.Using satoshis allows for precise transactions and makes Bitcoin more accessible for everyday use. For example, rather than needing to buy a whole Bitcoin, users can purchase satoshis, which can be helpful in microtransactions or when spending smaller amounts.The term also represents the identity of its creator, who introduced Bitcoin in 2009. Despite various theories about Nakamoto’s true identity, it remains a mystery. The influence of Nakamoto is significant, as their whitepaper laid the groundwork for blockchain technology and decentralized currencies. Overall, the concept of satoshi plays a vital role in understanding and using Bitcoin, illustrating both the currency’s divisibility and its origins.