{"type":"rich","version":"1.0","author_name":"npub1sm6zhjmk5scuz294jmpkw99wwwjzetjgwp4fu4gn6utqgdz87hkqamnq7h","author_url":"https://nostr.ae/npub1sm6zhjmk5scuz294jmpkw99wwwjzetjgwp4fu4gn6utqgdz87hkqamnq7h","provider_name":"njump","provider_url":"https://nostr.ae","html":"📅 Original date posted:2014-04-20\n📝 Original message:I've been a staunch supporter of \"microbitcoin\" and would like to do\nanything I can to make sure that we jump directly to it if we're going\nto promote changing the default units.  And I'm happy to integrate it\ninto Armory as a default (with appropriate explanations and\nsettings/options).  I'm not so convinced about the \"bits\" name though --\nI do like it, but I do also think that word is too overloaded.  Though,\nI think we could get away with it. \n\n(Sadly, I still use \"microbes\" occasionally (as in *microb*itcoin) when\nI'm talking to coworkers, because it slips off the tongue and is\nactually a good combination of brevity and self-explanatory -- it just\ndoesn't instill the right visuals...)\n\nWe started integrating alternative units into Armory.  But, of course,\nthere were a few more loose ends than I expected, which will require\nsome work.   We want to put it in but not necessarily change the default\nright away.  I'd /prefer/ we get some commitments from some other wallet\ndevelopers, so we can make a unified push for it.  I'm happy to lead\nthat and make it default as long as I'm not the only one in the world\ndoing it.\n\n-Alan\n\n\n\nOn 04/20/2014 11:05 AM, Tamas Blummer wrote:\n\u003e Here is an earlier reference to bits:\n\u003e\n\u003e https://www.mail-archive.com/bitcoin-development%40lists.sourceforge.net/msg04248.html\n\u003e \u003chttps://www.mail-archive.com/bitcoin-development@lists.sourceforge.net/msg04248.html\u003e\n\u003e\n\u003e I forgot that Alan Reiner was also supporting a unit equals to bits :\n\u003e\n\u003e https://www.mail-archive.com/bitcoin-development%40lists.sourceforge.net/msg04264.html\n\u003e \u003chttps://www.mail-archive.com/bitcoin-development@lists.sourceforge.net/msg04264.html\u003e\n\u003e\n\u003e and here the earlier going back to March 2013 and a poll at that time\n\u003e pushing for XBT being 1 bit\n\u003e\n\u003e https://www.mail-archive.com/bitcoin-development%40lists.sourceforge.net/msg04256.html\n\u003e \u003chttps://www.mail-archive.com/bitcoin-development@lists.sourceforge.net/msg04256.html\u003e\n\u003e\n\u003e Regards,\n\u003e\n\u003e Tamas Blummer\n\u003e http://bitsofproof.com\n\u003e\n\u003e On 20.04.2014, at 16:53, Pieter Wuille \u003cpieter.wuille at gmail.com\n\u003e \u003cmailto:pieter.wuille at gmail.com\u003e\u003e wrote:\n\u003e\n\u003e\u003e I told him specifically to bring it here (on a pull request for\n\u003e\u003e Bitcoin Core), as there is no point in making such convention changes\n\u003e\u003e to just one client.\n\u003e\u003e\n\u003e\u003e I wasn't aware of any discussion about the \"bits\" proposal here before.\n\u003e\u003e\n\u003e\u003e On Sun, Apr 20, 2014 at 4:28 PM, Tamas Blummer \u003ctamas at bitsofproof.com\n\u003e\u003e \u003cmailto:tamas at bitsofproof.com\u003e\u003e wrote:\n\u003e\u003e\u003e People on this list are mostly engineers who have no problem dealing\n\u003e\u003e\u003e with\n\u003e\u003e\u003e magnitudes and have rather limited empathy for people who have a problem\n\u003e\u003e\u003e with them.\n\u003e\u003e\u003e They also tend to think, that because they invented money 2.0 they\n\u003e\u003e\u003e would not\n\u003e\u003e\u003e need to care of finance's or people's current customs.\n\u003e\u003e\u003e\n\u003e\u003e\u003e The importance of their decisions in these questions will fade as people\n\u003e\u003e\u003e already use wallets other than the core.\n\u003e\u003e\u003e\n\u003e\u003e\u003e Bring this particular discussion elsewhere, to the wallet developer.\n\u003e\u003e\u003e\n\u003e\u003e\u003e BTW the topic was discussed here several times, you have my support\n\u003e\u003e\u003e and Jeff\n\u003e\u003e\u003e Garzik's.\n\u003e\u003e\u003e\n\u003e\u003e\u003e Regards,\n\u003e\u003e\u003e\n\u003e\u003e\u003e Tamas Blummer\n\u003e\u003e\u003e http://bitsofproof.com\n\u003e\u003e\u003e\n\u003e\u003e\u003e On 20.04.2014, at 15:15, Rob Golding \u003crob.golding at astutium.com\u003e wrote:\n\u003e\u003e\u003e\n\u003e\u003e\u003e The average person is not going to be confident that the prefix they\n\u003e\u003e\u003e are using is the correct one,\n\u003e\u003e\u003e\n\u003e\u003e\u003e\n\u003e\u003e\u003e The use of any 'prefix' is one of choice and entirely unnecessary,\n\u003e\u003e\u003e and there\n\u003e\u003e\u003e are already established 'divisions' in u/mBTC for those that feel\n\u003e\u003e\u003e they need\n\u003e\u003e\u003e to use such things.\n\u003e\u003e\u003e\n\u003e\u003e\u003e people WILL send 1000x more or less than\n\u003e\u003e\u003e intended if we go down this road,\n\u003e\u003e\u003e\n\u003e\u003e\u003e\n\u003e\u003e\u003e Exceptionally unlikely - I deal every day with currencies with 0, 2\n\u003e\u003e\u003e and 3\n\u003e\u003e\u003e dp's in amount ranging from 'under 1 whole unit' to tens of\n\u003e\u003e\u003e thousands - Not\n\u003e\u003e\u003e once in 20 years has anyone ever 'sent' more or less than intended - oh,\n\u003e\u003e\u003e they've 'intended' to underpay just fine, but never *unintended*.\n\u003e\u003e\u003e\n\u003e\u003e\u003e I propose that users are offered a preference to denominate the\n\u003e\u003e\u003e Bitcoin currency in a unit called a bit. Where one bitcoin (BTC)\n\u003e\u003e\u003e equals one million bits (bits) and one bit equals 100 satoshis.\n\u003e\u003e\u003e\n\u003e\u003e\u003e\n\u003e\u003e\u003e I propose that for people unable to understand what a bitcoin is,\n\u003e\u003e\u003e they can\n\u003e\u003e\u003e just use satoshi's and drop this entire proposal.\n\u003e\u003e\u003e\n\u003e\u003e\u003e Rob\n\u003e\u003e\u003e\n\u003e\u003e\u003e\n\u003e\u003e\u003e ------------------------------------------------------------------------------\n\u003e\u003e\u003e Learn Graph Databases - Download FREE O'Reilly Book\n\u003e\u003e\u003e \"Graph Databases\" is the definitive new guide to graph databases and\n\u003e\u003e\u003e their\n\u003e\u003e\u003e applications. Written by three acclaimed leaders in the field,\n\u003e\u003e\u003e this first edition is now available. Download your free book today!\n\u003e\u003e\u003e http://p.sf.net/sfu/NeoTech\n\u003e\u003e\u003e _______________________________________________\n\u003e\u003e\u003e Bitcoin-development mailing list\n\u003e\u003e\u003e Bitcoin-development at lists.sourceforge.net\n\u003e\u003e\u003e https://lists.sourceforge.net/lists/listinfo/bitcoin-development\n\u003e\u003e\u003e\n\u003e\u003e\u003e\n\u003e\u003e\u003e\n\u003e\u003e\u003e ------------------------------------------------------------------------------\n\u003e\u003e\u003e Learn Graph Databases - Download FREE O'Reilly Book\n\u003e\u003e\u003e \"Graph Databases\" is the definitive new guide to graph databases and\n\u003e\u003e\u003e their\n\u003e\u003e\u003e applications. Written by three acclaimed leaders in the field,\n\u003e\u003e\u003e this first edition is now available. Download your free book today!\n\u003e\u003e\u003e http://p.sf.net/sfu/NeoTech\n\u003e\u003e\u003e _______________________________________________\n\u003e\u003e\u003e Bitcoin-development mailing list\n\u003e\u003e\u003e Bitcoin-development at lists.sourceforge.net\n\u003e\u003e\u003e https://lists.sourceforge.net/lists/listinfo/bitcoin-development\n\u003e\u003e\u003e\n\u003e\u003e\n\u003e\n\u003e\n\u003e\n\u003e ------------------------------------------------------------------------------\n\u003e Learn Graph Databases - Download FREE O'Reilly Book\n\u003e \"Graph Databases\" is the definitive new guide to graph databases and their\n\u003e applications. Written by three acclaimed leaders in the field,\n\u003e this first edition is now available. Download your free book today!\n\u003e http://p.sf.net/sfu/NeoTech\n\u003e\n\u003e\n\u003e _______________________________________________\n\u003e Bitcoin-development mailing list\n\u003e Bitcoin-development at lists.sourceforge.net\n\u003e https://lists.sourceforge.net/lists/listinfo/bitcoin-development\n\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140420/542338d8/attachment.html\u003e"}