coins and more: 3718) The Wings of Freedom 1000 Satoshi 1 oz Pure Silver Proof Gilded Coin – Mint XXI – United Crypto States: Date/Year of Coin issue: 2025:

Wednesday, 29 January 2025

3718) The Wings of Freedom 1000 Satoshi 1 oz Pure Silver Proof Gilded Coin – Minted By: Mint XXI, Poland – United Crypto States: Date/Year of Coin issue: 2025:

What Is a Satoshi?

It is the smallest denomination of the cryptocurrency bitcoin. It is named after Satoshi Nakamoto, the Bitcoin creator(s)/founder(s).

The Satoshi to Bitcoin ratio is 100 million Satoshis to one Bitcoin.

- Bitcoins can be split into smaller units to facilitate smaller transactions.

- A Satoshi is the smallest denomination of bitcoin, equivalent to 100 millionth of a bitcoin.

History of the Satoshi:

The Satoshi represents one hundred millionth of a bitcoin. Because Bitcoin has increased in value exponentially, smaller denominations are needed for smaller transactions.

Small denominations make bitcoin transactions easier to conduct while making them readable by people.

The result of this conversion has several decimal places, but because a Satoshi is the smallest unit and cannot be divided, the decimal places are not used.

Where Did the Name Satoshi Come from?

The Satoshi is named after Satoshi Nakamoto, the anonymous person (or persons) who published the white paper in 2008 that jump-started the development of Bitcoin and popularised crypto.

The white paper “Bitcoin: A Peer-to-Peer Electronic Cash System” described a peer-to-peer network as a solution to the double-spending problem found in previous cryptocurrency concepts.

What Is Double Spending?

A physical bill or coin can only exist in one place; therefore, you cannot use it for two transactions.

One person receives a physical item, and the other loses it. Cryptocurrency is a representation of ownership recorded in a database—without specific measures taken to prevent it, one user can transfer ownership of one asset more than once. This is called “double spending”.

When you can double spend, you can give an item to someone in exchange for goods or services and use it again for another transaction.

The peer-to-peer ledger and transaction verification system, or consensus mechanism, solved the problem of transferring the ownership of a digital currency so that a user cannot spend the same asset twice.

Consensus mechanisms verifying a database change weren’t brand new when Bitcoin was conceived. However, they made the idea of decentralised currency verification and control achievable.

Using Satoshi:

While not officially part of a major currency pair, Bitcoins and Satoshis can be converted to and from other currencies. Cryptocurrency exchanges allow you to convert between fiat and cryptocurrencies or conduct other transactions.

Generally, transactions involve depositing dollars, pounds, or other currencies into an account in one of the exchanges.

The money is converted to Satoshis or Bitcoins, which you can use at merchants that accept them as payment.

Not all online merchants accept all or any forms of cryptocurrency—make sure you research the merchants where you want to use your Satoshi and bitcoin and make sure they accept them.

How Is Satoshi Different from Other Digital Denominations?

Many cryptocurrencies use denominations specific to their designer’s preferences. For example, Bitcoin uses only the Satoshi as a denomination, while Ethereum uses several.

Both versions make it easier to conduct transactions in amounts that are not equal to the currency’s market value, but their difference in denominations can be confusing if you’re new to cryptocurrency.

The Coin:

The Ukrainian Trident, or Tryzub, represents Ukraine's independence, strength, and national unity. It's also a symbol of state power and religious significance.

The Trident's history dates back centuries.

- The first images of the trident were found on cultural monuments from the first century AD.

- Volodymyr the Great included the trident on coins when he ruled Kyiv from 980 to 1015.

- The Ukrainian People's Republic government adopted the Trident as the state Coat of Arms in 1918.

- The Trident was banned during Soviet rule, but was used again after Ukraine voted for independence in 1991.

The Symbolism:

- The trident's three prongs can represent a variety of triads, such as past, present, and future.

- The trident can also represent mind, body, and spirit.

- The trident is a symbol of Ukrainian volia, which means "will".

Uses of the Trident:

- The trident is used on coins, t-shirts, souvenirs, and tattoos.

- It is also painted on the walls or gates of Carpathian villages during Epiphany.

- At its heart, a soaring eagle spreads its wings – a powerful reference to the Ukrainian Trident as it triumphantly overcomes a serpent, representing victory over darkness and threats to freedom.

- Gilded details highlight its purity and glory, reinforcing its message of resilience.

The Presentation Box/Case - Open displaying the Coin

The Presentation Box - Shipper.

The Specifications of this Coin are:

Country: United Crypto States

Weight: 1 oz

Dimensions/Size: 40.00 mm

Finish: Proof, Ruthenium Plating, Gilding and Holographic Protection

Metal Purity: .999

COA and Box: Yes

Denomination/Face Value: 1000 Satoshi

Mintage: 2000 pieces.

Crypto Stamps with NFT:

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9) "UN Crypto Stamps", United Nations: "New Technologies for the United Nations Stamp Series": United Nations Postal Administration brought out its first time ever UN Crypto Stamps, which run on Etherium Blockchain: Date of Stamps issue: 24.11.2020

10) "Equality", Liechtenstein: A "BlockChain Stamp Series: A Stamp 4.1 "Equality issued by Liechtensteinische Post (Philately Liechtenstein) with a face value of CHF 9.00): Date of Stamp issue: 09.09.2022

11) Croatian Crypto Stamp, Croatia: A 50 HRK Stamp (a combination of the analog and the digital) issued by "Hrvatska Posta (Croatian Post) in coordination with the Croatian Blockchain and Cryptocurrency Association: Date of Crypto Stamp issue: 09.09.2020

12) Crypto Stamp 4.0 - Grab the Bull by the Horns - set, Austria: Osterreichische Post AG (Austrian Post) has released a Joint-issue between two countries - Austria and Netherlands, featuring the new technology "Augmented Reality", with a new motif of the Bull: Date of Crypto Stamp issue: 28.10.2022

13) "UN Crypto Stamps", United Nations: "New Technologies for the United Nations Stamp Series": Series II of United Nations Crypto Stamps issued by the United Nations Postal Administration (UNPA) which run on Blockchain Technolgy: Date of Stamps issue:18.11.2022