Author: Alex Kravets 2013-11-15 09:37:56
Published on: 2013-11-15T09:37:56+00:00
The author of the email suggests that using mBTC and uBTC notation can be confusing for non-geeks, and proposes a switch-over to XBT with the unit definition of 1 Bit = 100 Satoshis. They also suggest splitting the term Bitcoin/bitcoin into Bitcoin (network) and Bit (unit). The author proposes the name "BRCS: Bitcoin Re-denomination and [Currency] Code Standardization project" for this process. In response to this proposal, Eugen Leitl suggests using SI prefixes instead of XBT, and making display units choosable by users. Alan Reiner agrees to switch to uBTC and suggests promoting a consistent term to avoid confusion among users.
Updated on: 2023-06-07T20:28:12.238905+00:00