Re: [Bitcoin-development] Presenting a BIP for Shamir's Secret Sharing of Bitcoin private keys

2014-04-22 Thread Justin A
Is there a reason you prefer doing the M-1 offset as opposed to limiting the range to 255 instead? Seems like something that will certainly confuse some developers in exchange for adding one more value at the high end of a range. I don't gather there's much difference between 255 and 256 here is th

Re: [Bitcoin-development] "bits": Unit of account

2014-04-20 Thread Justin A
What about "ubit", pronounced "YOU-bit", representing 1e-6 bitcoin? Easy to say, tied in a visual way to the metric micro, leaves the required 2 decimal places for the marginally numerate.. What more could one want? Also, hi. My first post; plan to get involved over the southern hemisphere win