bitcoin/bips
1
0
Fork 0
mirror of https://github.com/bitcoin/bips.git synced 2026-02-23 15:38:22 +00:00
Code Issues Releases Wiki Activity

Fix typos

Browse Source
This commit is contained in:
GoodDaisy
2023-10-13 09:05:19 +08:00
parent e918b50731
commit 6fd7de46b7
5 changed files with 8 additions and 8 deletions
Download Patch File Download Diff File Expand all files Collapse all files

2
bip-0176.mediawiki
View File

@@ -16,7 +16,7 @@ Bits is presented here as the standard term for 100 (one hundred) satoshis or 1/
== Motivation ==
The bitcoin price has grown over the years and once the price is past $10,000 USD or so, bitcoin amounts under $10 USD start having enough decimal places that it's difficult to tell whether the user is off by a factor of 10 or not. Switching the denomination to "bits" makes comprehension easier. For example, when BTC is $15,000 USD, $10.05 is a somewhat confusing 0.00067 BTC, versus 670 bits, which is a lot clearer.
Additonally, reverse comparisons are easier as 59 bits being $1 is easier to comprehend for most people than 0.000059 BTC being $1. Similar comparisons can be made to other currencies: 1 yen being 0.8 bits, 1 won being 0.07 bits and so on.
Additionally, reverse comparisons are easier as 59 bits being $1 is easier to comprehend for most people than 0.000059 BTC being $1. Similar comparisons can be made to other currencies: 1 yen being 0.8 bits, 1 won being 0.07 bits and so on.
Potential benefits of utilizing "bits" include: