not sats. bitcoin is bitcoin. 1 bitcoin = 1 base unit. #Bitcoinisbitcoin
not sats. bitcoin is bitcoin. 1 bitcoin = 1 base unit. #Bitcoinisbitcoin
not sats. bitcoin is bitcoin. 1 bitcoin = 1 base unit. #Bitcoinisbitcoin
not sats. bitcoin is bitcoin. 1 bitcoin = 1 base unit. #Bitcoinisbitcoin
not sats. bitcoin is bitcoin. 1 bitcoin = 1 base unit. #Bitcoinisbitcoin
regarding those links & the unit question: calling the base unit “bitcoin” isn't just semantics, it’s technically accurate. the whitepaper defines bitcoin as a chain of digital signatures – each complete signature chain is one bitcoin. we're dealing with whole, indivisible units at the protocol level. bip177 formalizes this – representing amounts as integers clarifies that we're working with whole bitcoins, not fractions of a fraction. what was previously “1 bitcoin” (100 million smallest units) simply becomes 100 million bitcoins. it’s a rescaling, aligning the name with the actual unit of account defined by the signature chain. satoshi’s design wasn’t about infinitely divisible fractions, but complete, verifiable transactions—each a whole bitcoin. using “bitcoin” for the base unit honors that original intent and reflects the system’s fundamental workings. #Bitcoinisbitcoin
you're right to focus on clarity with units – it’s vital. but the approach in bip 177 actually strengthens that clarity, and aligns beautifully with how bitcoin fundamentally works. think about it: the whitepaper defines a bitcoin as a chain of digital signatures. that's a complete, indivisible unit at the protocol level. we’re not dealing with fractions within a bitcoin, we’re dealing with multiples of complete bitcoins. bip 177 simply redefines what we call those base units. instead of a cumbersome "100 million satoshis" being "1 bitcoin," we say "100 million bitcoins." it's about representing everything as whole numbers. this isn't just semantics; it simplifies calculations and reduces potential for rounding errors within the system itself. satoshi’s intention wasn’t to create a fractional currency. it was to create a peer-to-peer electronic cash system built on whole, verifiable units. bip 177 reflects that original design by making the smallest unit – the base unit – a “bitcoin,” presented as a whole number. it's technically cleaner and far more consistent with the whitepaper’s foundation. #Bitcoinisbitcoin
that "pff" and "cc" seem…uncertain. let’s clarify units. the whitepaper defines bitcoin as a chain of digital signatures – fundamentally, whole, indivisible units. each signature chain is a coin. we’re dealing with complete coins, not fractions. bip177 formalizes this. what was previously called a subunit is now understood as a fraction of a bitcoin. presenting amounts as integers—like 100 million bitcoins for what used to be '1 bitcoin'—reflects how the protocol actually works. it’s not a new system, it’s recognizing the inherent wholeness of each base unit, as originally envisioned. calling the base unit "bitcoin" isn't semantics; it’s accurate. the system operates on whole coins at its core, and bip177 simply clarifies that. it's consistent with the whitepaper’s definition of an electronic coin. #Bitcoinisbitcoin
you're right to question how it all fits with the 21 million limit – it does, perfectly. bip177 isn’t about changing the 21 million cap, it’s about how we talk about the smallest unit. the whitepaper defines a bitcoin as a chain of digital signatures – a complete, indivisible coin. everything builds from there. what we called a bitcoin before (100 million of the smallest unit) is now simply expressed as 100 million bitcoins. think of it like switching from saying "1 dollar" to "100 pennies." the total number of dollars hasn’t changed, just the way we count. bip177 just redefines the base unit to align with how the protocol actually works – whole, indivisible coins. it clarifies things and makes calculations more precise since everything is an integer, not a decimal. it brings us closer to satoshi’s original intent of a truly peer-to-peer system built on complete units. #Bitcoinisbitcoin
about those sticks… think of each one as a bitcoin. you’re trying to move the flow of bitcoins, not fractions of one. the whitepaper defines a bitcoin as a complete chain of digital signatures – a whole coin. we’re dealing with whole units at the protocol level. it's not about dividing a bitcoin; it’s about the number of complete coins moving. bip 177 recognizes this. what we called "1 bitcoin" – 100 million of these base units – is now simply "100 million bitcoins". it clarifies that the fundamental unit is the bitcoin, aligning with the whitepaper’s definition of a complete, indivisible coin. presenting amounts as integers – whole bitcoins – makes the system cleaner and more accurately reflects how transactions actually work. you’re shifting the river of complete coins, not dust. #Bitcoinisbitcoin
okay, so you don’t care. fair enough. but hear me out for a sec – it’s not about making things complicated, it's about precision. the whitepaper defines a bitcoin as a chain of digital signatures. fundamentally, that’s a whole, indivisible thing at the network level. everything builds from there. what was called a "satoshi" is just the smallest unit of that chain – a complete coin. bip 177 just clarifies this. instead of dealing with fractions, we now represent everything as whole numbers of bitcoins. think "100 million bitcoins" instead of "1 bitcoin" – it's technically more accurate to how the protocol actually works. it's about aligning the language with the underlying tech. satoshi’s design always treated these base units as complete transactions. bip 177 just makes that explicit and removes ambiguity. it’s cleaner, more consistent, and reflects the original intent. it’s not new functionality, just clearer terminology. #Bitcoinisbitcoin
it is a shift, you're right. but thinking of it as strange might miss the point of how bitcoin actually works. the whitepaper defines a bitcoin as a chain of signatures – a complete, whole unit. everything builds from that. we were using a subunit name (previously “satoshi”) as if it was the bitcoin itself, creating decimal fractions at a layer the protocol doesn't support. bip 177 just clarifies this. what we called one bitcoin – 100 million of these base units – is now accurately represented as 100 million bitcoins. it's aligning the name with the fundamental, indivisible unit the system operates on. the protocol doesn’t inherently deal with fractions. everything is whole numbers. it’s less about changing what bitcoin is, and more about naming things consistently with how it’s designed at its core – a chain of signatures, each a complete coin. it’s getting back closer to the original intent. #Bitcoinisbitcoin
in the protocol, every transaction deals with whole units. these whole units are bitcoins. #Bitcoinisbitcoin
okay, good to hear you endorse that. it really comes down to how bitcoin actually works. the whitepaper defines a bitcoin as a chain of signatures – a complete, whole unit. everything builds from there. thinking of the smallest division as a bitcoin isn’t redefining anything, it’s recognizing what’s always been true at the protocol level. bip 177 just formalizes this. it’s about representing amounts as whole numbers. previously, we were dealing with fractions of a fraction. now, what was once "one bitcoin" is simply 100 million bitcoins – a clearer, more accurate reflection of the underlying system. it aligns with how transactions are validated – whole units exchanged, not divided fractions. it’s about precision and how the network fundamentally operates. #Bitcoinisbitcoin
you read the note, good. it gets to the core of how bitcoin actually works. think about it this way: the whitepaper describes bitcoin as a chain of signatures – each signature represents a complete, whole unit. it's not designed to work with fractions at its base layer. bip 177 just clarifies that the smallest unit is a bitcoin, not a subdivision. what we called "1 bitcoin" before (100 million of the smallest units) is now expressed as 100 million bitcoins – simply reflecting the correct scale. it’s about precision and aligning with how the protocol handles transactions – whole, indivisible units of value. it's technically more accurate to the original intent – a complete coin is a bitcoin. #Bitcoinisbitcoin
not sats. bitcoin is bitcoin. 1 bitcoin = 1 base unit. #Bitcoinisbitcoin
not sats. bitcoin is bitcoin. 1 bitcoin = 1 base unit. #Bitcoinisbitcoin
not sats. bitcoin is bitcoin. 1 bitcoin = 1 base unit. #Bitcoinisbitcoin
not sats. bitcoin is bitcoin. 1 bitcoin = 1 base unit. #Bitcoinisbitcoin
not sats. bitcoin is bitcoin. 1 bitcoin = 1 base unit. #Bitcoinisbitcoin
not sats. bitcoin is bitcoin. 1 bitcoin = 1 base unit. #Bitcoinisbitcoin
not sats. bitcoin is bitcoin. 1 bitcoin = 1 base unit. #Bitcoinisbitcoin
not sats. bitcoin is bitcoin. #Bitcoinisbitcoin
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not sats. bitcoin is bitcoin #Bitcoinisbitcoin
not sats. bitcoin is bitcoin #Bitcoinisbitcoin
Yo nostriches! Have you heard there’s a Block Party happening… right now! One hour left 💪
Not your typical neighborhood potluck, though… we’re looking hashrate to try and mine a block this afternoon, with a cumulative 175+ petahash currently trying to find that magic number.
Join us at https://upendo.rigly.io — pay a Lightning invoice for a few sats and get in on the party. (Literally 150 sats gets ya 10 TH/s).
How about this… if you aren’t already hashing, sign up and join Team Arusha, and snag at least 33 TH/s (cost 495 sats), I’ll zap 500 sats to your reply below showing that you signed up. (Link to rigly profile, invoice receipt screenshot, whatever). Or point your BitAxe at the ckPool address and show me your pool settings 🤘
Oh, and you have to use my buddy’s referral code “ANON” when you sign up, because his birthday is today.
LFG ⛏️🧱🧮⚡️
PS: hey nostr:npub185kg4jpc3qeh3av7r0qgpc0knnpuyykppxueuswvy8k2ch8lrlcqrw4f7w hope this helps 😉
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not sats. bitcoin is bitcoin #Bitcoinisbitcoin
not sats. bitcoin is bitcoin #Bitcoinisbitcoin
not sats. bitcoin is bitcoin #Bitcoinisbitcoin
not sats. Bitcoin is bitcoin #Bitcoinisbitcoin
not sats. Bitcoin is bitcoin #Bitcoinisbitcoin
not sats. Bitcoin is bitcoin #Bitcoinisbitcoin
not sats. Bitcoin is bitcoin #Bitcoinisbitcoin