Author: rhavar at protonmail.com 2018-08-20 23:36:14
Published on: 2018-08-20T23:36:14+00:00
The email discusses a proposal for a universal bitcoin value color scale to help with the issue of dealing with small amounts in the bitcoin denomination. While the idea may be helpful, the author believes that it is not a good solution as it is unlikely that many services or wallets will adopt it due to its potential impact on design and cumbersome typing. Instead, the author suggests using BIP76 (Bits Denomination) which has been used successfully with people of varying levels of familiarity. Additionally, the author proposes that writing the bitcoin denomination to 8 decimal places (e.g. 0.00001100 BTC) would improve readability more than color coding. The email includes an attachment containing the proposal in three different formats.
Updated on: 2023-06-13T14:10:28.862800+00:00