I also like the lightning bolt. But it's all up for grabs. Square terminals use ₿. Here in Nostr, Chachi, Chorus and a few others use a slanty ₿. Many Nostr apps use just letters, but half use SATS for the plural and half use SAT also for the plural. Coinbase, Kraken at friends tend to use the hamburger. Ditto seems to use the hamburger, the word Sats and the lightning bolt all at the same time. Binance uses the S-dollar-sign thing. On and on.

So at least 5 genuine contenders, and even two is one too many. It's hard to argue it's not an issue, or that any one is in the lead.

Reply to this note

Please Login to reply.

Discussion

Square using ₿ incorrectly is the reason I started posting #SatsAreTheStandard every day.

Sure, but they're doing that in the context of it being a total free for all.

They want to forcibly rename sats to bitcoins in the name of adoption as if we don’t already have more than a decade of history established using the word sats which came about organically.

Zap is more like tip in my book. The action of sending sats / bitcoin. To zap is to tip. I was zapped, I was tipped. We’re not going to change tip to cent.

The problem there is the symbol. If the lightning bolt becomes the symbol for both Sats and Zaps, that doesn't work. Because "zap" is used as a verb and also a noun, and one zap can be worth 100 Sats (or 200 or 300 or whatever the amount of Sats in the Zap)

I see the lightning symbol as the protocol to send sats / bitcoin in the form of zaps.

I do also. But it's messy and inconsistent. If you see here in Ditto, you've got "7 zaps" on your note. But actually you don't, you have 1 Zap with 7 Sats.

Either way I imagine we can agree newcomers would be confused by all this. Question is are they being *unnecessarily* confused? Is spring cleaning in order?

You can zap once, many sats. Or you can zap twice 1 sat each. Zap = tip, sat is the bitcoin cent.

I don’t agree, because if you look at the way most clients show zap counts, they simply put the total amount of sats to the right of the ⚡️ symbol. Why is this so hard to understand?

Yeah I don’t find it hard to understand in the same way I don’t find “tipping” fiat hard to understand. Perhaps just a UI change to show “7 sats” but to keep the term zapping to denote the action. “Tipping” was considered before zapping stuck, but it was regarded as too “fiat”.

Yeah, just herding cats I suppose. If you look at Chrous as the bellweather for the AndOtherStuff initiative then "send ecash" is the action.

And literally nobody outside of our little bubble knows what eCash is. There’s even a fork of BCH called eCash, just to make things even more confusing.

And maybe there'll be Taproot-asset USDT e-cash too. You know that's coming sooner or later, same mint methodology and all.

Mr Robot - sooooo good!

I am stealing this… 😁

Did you spend some time finding/editing this excerpt?

Didn’t take long. This one has been around for a while.

But I was going to zap you for proof of work in bringing this to the fore 😅

Well, I did know exactly what to look for, where to find it, and how to convert it to a format that you could enjoy it. Is that worth a zap?

Yes…

I feel like it’s time to rewatch the entire series again.

Sounds good. I’m in. Perfect timing.

True. I’ve sent your clip to friends outside of NOSTR and now I’m thinking I need to watch it all again. Was definitely ahead of its time.

Elliot Alderson absolutely would have been on Nostr.

Is Sam Esmail on NOSTR? Surely must be a bitcoiner too?

Social anxiety too. Bearing all the hallmarks 😅

Theter anounced USDT on Lightning Network a year ago. But I just seeing a company propaganda. It's not beeing a reality any time sooner.

"Facts! 🚫🤑 It's been a year since Theter dropped that USDT on Lightning Network news, but it feels like just hype. Ain't seeing it materialize anytime soon. #CryptoReality"

I know very little about eCash I have to admit. It seemed to arrive with a lot of dev fanfare and limited info for the average user. End result was me largely ignoring it and focusing on stacking sats.

eCash is great for certain use case. Keychat for example couldn't work without it.

I’m bullish on eCash for retail transactions.

Why is that?

Because bitcoin on Lightning Network, as the name sugests moves fast, like a Lightning. So you can pay instantly to anyone, like zapping on nostr.

No need to worry — you can pay with sats, zaps, or ecash. In the end, it's (more or less) the same thing: Bitcoin on the Lightning Network. That's why it's usable in retail.

Ecash tokens, though based on Bitcoin, haven't gained widespread usage. Their use case is quite niche, and I don't see them being adopted broadly anytime soon.

But zooming out, the lightning bolt is nowhere near on the brink of becoming the case-closed Sats symbol for everyone to use. If anything it's an outlier candidate.

I’m not giving up!

⚡️#SatsAreTheStandard ✨

Yes, they use the Lightning simbol because zaps are transmitred by bitcoin Lightning Netwok to send sats/bitcoin to someone.

Sorry for my moment of fury, I just misundertood the discussion. LOL

At least there's a ready-to-go symbol. To get to a single undisputed Sats symbol used across Nostr, the exchanges like Coinbase, Kraken, POS terminals like Square, wallets like Strike—and unicode to go along—we could be talking 10 years.

And rawdogging it with letters alone (SATS) feels like Solana territory. You need a proper symbol to take a serious charge at the dollar, or yen, or whatever.

Problem is Sats needed an undisputed symbol winner yesterday, not in 10 years.

Man you posted 1000sats on binance like it was the same thing. Do you know sats are bitcoin right? Not some shitcoin. Sats, are real bitcoin.

Sats are just a small part of a Bitcoin, and that's why 'sats' is the right term. I don't really care what the Nostr community decides to call it — sats are used beyond Nostr, and renaming them here won’t change their real name. Sats are the standard.