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A Satoshi or Sats are the smallest denomination of Bitcoin. Just like there are 100 pennies in 1 dollar, there are 100,000,000 sats in 1 Bitcoin.
On LN we have millisats, so "smallest" on chain domination
My brother in Christ, millisats do not exist on chain, they are just a promise between Lightning nodes.
A single sat doesn't "exist" on chain either. Try sending me a single sat without spending hundreds of sats in fees.
If anything, a millisat "exists" more than a sat since you can actually send me a millisat across a channel we share without paying any fees.
Both are accounting figments. Not necessarily a tangible, transferrable, discrete unit.
Every sat there is exists on chain. No millisats exist on chain, they are only on LN and there they are a second class citizen because they wouldn't be settled in the event of a dispute, in other words they can't be used trustlessly.
A single sat wouldn't be transferable without millisats.
Now I know you're trolling.
You just have to send a sat on chain (without paying +100x on fees) to prove me wrong.
A Satoshi is the only stablecoin you'll ever need
We are SatoshiWe are Satoshi
A Satoshi or Sats are the smallest denomination of Bitcoin. Just like there are 100 pennies in 1 dollar, there are 100,000,000 sats in 1 Bitcoin.
On LN we have millisats, so "smallest" on chain domination
My brother in Christ, millisats do not exist on chain, they are just a promise between Lightning nodes.
A single sat doesn't "exist" on chain either. Try sending me a single sat without spending hundreds of sats in fees.
If anything, a millisat "exists" more than a sat since you can actually send me a millisat across a channel we share without paying any fees.
Both are accounting figments. Not necessarily a tangible, transferrable, discrete unit.
Every sat there is exists on chain. No millisats exist on chain, they are only on LN and there they are a second class citizen because they wouldn't be settled in the event of a dispute, in other words they can't be used trustlessly.
A single sat wouldn't be transferable without millisats.
Now I know you're trolling.
You just have to send a sat on chain (without paying +100x on fees) to prove me wrong.
A Satoshi is the only stablecoin you'll ever need