Hello, > While SI units are great for people well versed in them, there is a > very good reason people aren't asking for 100 micro dollars in change. > The average person is not going to be confident that the prefix they > are using is the correct one, people WILL send 1000x more or less than > intended if we go down this road, and these mistakes will happen > frequently. Labeling should be easy enough for kindergarten kids.
Agree - but why do you propose not only a new label but also a different subunit? Also, everybody in the metric world is used to the milli- prefix due to meters and millimeters. It's not such a stretch to expect people to master that; but I agree that most people would struggle with microbitcoins. > I propose that users are offered a preference to denominate the > Bitcoin currency in a unit called a bit. Where one bitcoin (BTC) > equals one million bits (bits) and one bit equals 100 satoshis. There have been many proposals for more or less arbitrary subunits. What would be the merit of your proposal? I don't really follow the reasoning that it's better if it's uncommon for everyone rather than just uncommon for people not used to metric units. Regarding the label of a "bit": I have to agree with the others that bit is heavily overused as a unit, but I am a computer scientist, so I don't have the "average joe's" perspective on this. I find it weird to use as it's already in use in English - "a bit of work" etc I don't really see the advantage of a "bit" - it is part of "bitcoin" and it's short, but that's about it. I think we are free to pick anything we want for a label, so why not avoid ambiguities? See this thread for many creative ideas for labels (and another arbitrary subunit proposal: https://bitcointalk.org/index.php?topic=396522.0 Arne ------------------------------------------------------------------------------ Learn Graph Databases - Download FREE O'Reilly Book "Graph Databases" is the definitive new guide to graph databases and their applications. Written by three acclaimed leaders in the field, this first edition is now available. Download your free book today! http://p.sf.net/sfu/NeoTech _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
