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Topic: Is it time to think about decimal precision ? - page 2. (Read 787 times)

hero member
Activity: 718
Merit: 545
December 04, 2017, 09:51:01 AM
#1
I honestly never thought this day would or even could come so soon, but now I'm not so sure.

With 8 decimal places, if BTC hits 1 million, 1 satoshi is 1cent.. So we can't do sub-cent micro txns. An area Lightning Networks will utterly transform and finally make possible. You could be paying fractions every time you turn a light on. Maaaany use cases.

Since a 'fork' takes, well, at least a couple of years to pull off, and since 5 years from now 'may' be too late, I guess this may have to be thought about for the very next fork (dare I mention it) ?

Wow.. Is that a possibility ?

Is there a plan yet - I'm sure there are many options.. Is there a preferred current best guess ? (Just go float->double ? )

Can it be done with a soft fork ? Sounds pretty hard-forkish to me, but they can do amazing things now SegWit's activated.

 





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