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25 Crypto Terms You Should Know (Great for Beginners)Satoshi (SATS). Satoshi is a term used to refer to the smallest unit of bitcoin. Smart Contract. Smart contracts are self-executing programmes on a blockchain. Sats, i.e. buying more Bitcoin. Stablecoin: A stablecoin is any cryptocurrency or blockchain-based token whose value is pegged to another. Sats is short for Satoshis, the smallest unit of Bitcoin (BTC), named after the elusive creator of the coin, Satoshi Nakamoto. Just like fiat.
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