What is Satoshi? And How Does It Works?
A satoshi is the smallest unit of the Bitcoin currency recorded on the block chain. It is a one hundred millionth of a single bitcoin (0.00000001 BTC). The unit was named in homage to the pseudonymous creator of Bitcoin, Satoshi Nakamoto.
What is Lightning?
Lightning is an open source retail payment system built on top of Bitcoin. Its main purpose is to enable extremely fast and cheap payments, much faster and cheaper than regular Bitcoin transactions, while retaining the same level of security. It is used for the kind of payments that you would expect when shopping; fast, cheap and reliable. It also allows for micro-payments: the sending of extremely small amounts of money, in the order of one ten-thousandth of a cent at a time.
What is a Lightning Address?
A Lightning Address is a simple human-readable address that you can use to receive payments over Lightning. It is in the format of an email address (eg. satoshi@walletofsatoshi.com) so it's familiar and memorable. Like an email address, but for money! When you download Wallet of Satoshi you'll get a new randomly generated Lightning Address instantly! You also have the option of choosing a custom Lightning Address in the app.
What is Wallet Of Satoshi?
Wallet of Satoshi is a mobile app for iOS and Android that lets you send and receive Lightning payments. It is a zero-configuration custodial wallet with a focus on simplicity and the best possible user experience. It can be downloaded using the links at wallet ofsatoshi.com Simply download and install the app and you are on the Lightning Network! Shops where you can buy food and products on the lightning network. Click here
How to get Satoshi's on your wallet?
When you have installed a wallet, there are no Satoshi's on your wallet yet. You can choose to buy Satoshis through your wallet or another exchange website, or we can help you deposit Satoshis on your wallet. This choice is up to you. In fact, there is always a small fee to make these transactions. Contact us for this.
