bitcoin/bips
1
0
Fork 0
mirror of https://github.com/bitcoin/bips.git synced 2025-10-27 14:09:10 +00:00
Code Issues Releases Wiki Activity

Updated Comments:BIP 0176 (markdown)

Erik 2017-12-23 18:32:07 -05:00
parent 80b4ad0686
commit ba29de0ce3
1 changed files with 3 additions and 0 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

3
Comments:BIP-0176.md

@ -18,3 +18,6 @@ Why not use microbits instead of bits? That way it corresponds to the [standardi
As a shorthand version of micro-bitcoin, "bits" could work, but may be confusing for newcomers, because it goes against the standardized SI prefixes. If Bitcoin goes to USD 1,000,000 then 1 bit would be $100 and 1 mBTC/mbit would be $100,000. To me that would be confusing.
Maybe we should not use bits/millibits/microbits in writing, and only use them in speech. Then the mBTC and μBTC could be made to be the official ways to write them?
***
I agree bits is not the best name and could lead to confusion given existence of mBits which I have seen in various wallets. If you don’t like the way micro bits sounds why not come up with new name for them like microns. I think this would be pretty intuitive for people realize that you get a micron by shifting the decimal 3 more places from a milli bit.