Somewhat of a long shot, but if we could achieve it would be great for adoption:

nostr:nevent1qythwumn8ghj7un9d3shjtnswf5k6ctv9ehx2ap0qyfhwumn8ghj7ur4wfcxcetsv9njuetn9uq3yamnwvaz7tmwdaehgun4v5hxxmmd9uq3wamnwvaz7tmjv4kxz7fwdehhxarj9e3xzmny9uq32amnwvaz7tmjv4kxz7fwdech26t69e5k7tcqyqw445azcgqpf8glh5d3drttd4mke9mudru58pkxwrn6guj7tzs32duu0ke

Reply to this note

Please Login to reply.

Discussion

We’ve already settled on1 bitcoin being100.000.000 sats, there’s no discussion

Technically you're discussing.

Nope, you’re trying to make it a discussion rn, there’s no discussion, you can call sats whatever you want, if the majority of users call them sats, they are called sats.

1 dollar is 100 cents, it’s the same thing

The .mediawiki at the end made me misread BIP as NIP and get my hopes up for a nostr mediawiki fork

Very much agreed. Never underestimate the value of people having heard of something.

What happens when 8 decimal places is not enough and bitcoin moves to 16? Will the definition of Bitcoin be moved again and again?

That is one purpose of the BIP, to force people to learn that Bitcoin is not actually divisible and we cannot add more decimals places because it uses whole integers.

Its currently hardcodes to simulate 8 decimal places using integers. Wouldnt be hard to increase that to 11 or 16.

What is "hardcoded" is a limit of 2.1 quadrillion base units.

I actually disagree because there is no actual decimal place. It’s just an integer. Which means making more granularity in a soft fork is actually a lot messier than it seems.

I'll PR this to microsats

That ship has already sailed.

We must make *sats* the main unit, and keep the Bitcoin name for the network/protocol, imo.

🫂

?cid=4ea4f8d5mlyrbo1guiybj7nqkvoq6fbkuf1ig211u2oaczsy&ep=v1_gifs_search&rid=giphy.gif&ct=g

I'm not against it, although the transition period would be confusing

Sats would have to disappear entirely. Are we all too entrenched now?

“There will only ever be…”

2,100,000,000,000,000 bitcoins

doesn’t have the same ring to it does it 😅

Nope 🤣

I thought 1 bitcoin always equals 1 bitcoin?

yea, it would be a major ux improvement

I can already hear the midwit chorus: 'Then it wasn’t a fixed number of 21 million—they produced more!'

Agree that satoshis should be renamed bitcoin.

Think of it like a 100 million for 1 stock split.

nostr:nevent1qvzqqqqqqypzqwlsccluhy6xxsr6l9a9uhhxf75g85g8a709tprjcn4e42h053vaqqsqu29y7zu4dtpqwhjw6dnctg2545pmtzqjcg30vf07fhcayg46axs7fpfpq

Nah, leave bitcoins alone ...

nostr:note1pc52fu9e26kzqa0ya5m8sks4ftgrkkyp9s3z7cjlun036g3t46dqgkts8r

Hope this happens. Better now than later