Suggestion for a universal bitcoin value scale [combined summary]



Individual post summaries: Click here to read the original discussion on the bitcoin-dev mailing list

Published on: 2018-09-12T14:54:15+00:00


Summary:

In a bitcoin-dev mailing list thread, Clark shares his opinion on the use of Bitcoin on the street. He emphasizes the importance of observing how local wallet software displays bitcoin amounts and suggests letting the standards write themselves over time. Clark acknowledges that the units debate has been ongoing for as long as he has known about Bitcoin, but most tools currently display standard bitcoin amounts.In response to an earlier suggestion for a universal bitcoin value color scale, Karl-Johan Alm raises concerns about the potential for it to be a new attack vector. Martin Damgaard, the author of the initial suggestion, later retracts it due to this feedback and other good remarks. The email thread provides formats for the attached document, including .rtf, .pdf, and .docx.Martin Damgaard, unfamiliar with normal BIP procedures, proposes a universal bitcoin value color scale in an email thread on the Bitcoin Protocol Discussion. His suggestion aims to address the decimal problem identified by the BIP 176 proposal. However, Karl-Johan Alm points out that such a system could be a potential attack vector, as something could be colored to appear as more than it really is if everyone started using this system. After receiving feedback and realizing the immature nature of his suggestion, Damgaard retracts his initial proposal. He thanks the group and expresses all the best wishes. The email thread includes the attached document in three different formats.The email discusses a proposal for a universal bitcoin value color scale to address 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 many services or wallets are unlikely to adopt it due to its potential impact on design and cumbersome typing. Instead, the author suggests using BIP76 (Bits Denomination), which has been successful with people of varying levels of familiarity. Additionally, the author proposes writing the bitcoin denomination to 8 decimal places (e.g., 0.00001100 BTC) for improved readability. The email includes an attachment containing the proposal in three different formats.Martin Damgaard, unfamiliar with BIP procedures, contributes to the Bitcoin community by suggesting a universal bitcoin value color scale to address the decimal problem identified by Jimmy Song's BIP 176 proposal. Adán Sánchez de Pedro Crespo suggests that Martin submit his work as a markdown document published somewhere with version control, such as GitHub, to facilitate contributions from others. Martin creates a GitHub version of his suggestion and collects comments on the first version in a remarks-file. He plans to create a new version incorporating the different comments and welcomes help from interested contributors.The context discusses the use of colors in user experience (UX) design and their expected meanings, such as red indicating an error and green indicating a possible action. However, the use of colors can also create issues with legibility for text and accessibility for colorblind individuals. In an email to the bitcoin-dev mailing list, Martin Damgaard suggests a universal bitcoin value color scale to address the decimal problem identified in BIP 176. He acknowledges his unfamiliarity with BIP procedures but follows the example set by Jimmy Song in creating a similar proposal. The attached document is provided in three different formats.Martin Damgaard makes a suggestion to the bitcoin-dev mailing list, proposing a universal bitcoin value color scale to address the decimal problem identified in BIP 176 by Jimmy Song. While he admits his unfamiliarity with normal BIP procedures, he provides his suggestion in three different formats (rtf, pdf, and docx) for the convenience of the recipients. The attached files are available for review, and Martin hopes that the bitcoin-dev community will find his contribution useful.


Updated on: 2023-08-01T23:43:45.667818+00:00