Sat Symbol Initiative, an initiative to set a specifically designed symbol, Satoshi design, to represent the smallest unit of bitcoin and get it accepted widely in the BTC community. The idea of Sat Symbol has been pitched by many crypto supporters but other people have offered alternative ideas.
Satoshi design will be widely adopted by the BTC community:
Satoshi Nakamoto is the man who launched the pure peer-to-peer version of electronic cash on January 3, 2009. Satoshi is a Japanese-originated name meaning, sharp, quick-witted, and clear thinking. The smallest unit of Bitcoin is also considered to be called “Satoshi”. Bitcoin is divisible up to eight decimal points. Oxford University has added the word Satoshi to the Oxford English Dictionary (OED) database.
With the limited supply of 21 million, the crypto enthusiasts are trying to launch Satoshi design which will be adopted by a huge community of BTC. Many platforms have pitched their idea that how the Satoshi design will be. Satsymbol has provided the idea of the Satoshi symbol must be represented by the three parallel horizontal lines and a small vertical line above and below.
On Thursday evening around 7 p.m. (EST), the term “satoshi” was trending with a large quantity of trending tweets sharing the Sat Symbol initiative’s design. Microstrategy’s Michael Saylor shared the web domain on Twitter and said: “May satoshi be with you.
The crypto pundit and self-proclaimed “bitcoin maximalist” Max Keiser decided to share an alternative idea that could represent the satoshi symbol. “Symbol for satoshi should be a tilde. It looks enough like the sign for infinity – and it’s on every keyboard. ~ 1,000,000 = 1 million sats,” Keiser added.
Others shared the old-school S symbol (“Cool S,” also known as the “Stussy S,” or “Super S”) all the cool kids used to draw back in the day. For more interesting content please click here.