X.0 = bitcoin
0.0X = bitcent
0.000X = millibitcoin
0.0X = bitcent
0.000X = millibitcoin
But millibitcoin is 0.00X. You can't just redefine SI prefixes. You can come up with new names, if you want.
Topic: Name the 0.0001 BTC unit - Final Poll - page 2. (Read 6902 times)
But millibitcoin is 0.00X. You can't just redefine SI prefixes. You can come up with new names, if you want.
X.0 = bitcoin
0.0X = bitcent
0.00X = millibitcoin
1.0 = 1 coin
0.01 = 1 cent
0.001 = 1 bit or 1 mil
2.0 = 2 coins
0.02 = 2 cents
0.002 = 2 bits or 2 mils
2.5 = 2 and a half coins, or 2 coins, 50 cents
0.21 = 21 cents
0.021 = 21 bits or 21 mils
2.212 = 2 coins, 21 cents, 2 bits (or 2 mils)
Works for me.
(edited for math. yeah.)
0.0X = bitcent
0.00X = millibitcoin
1.0 = 1 coin
0.01 = 1 cent
0.001 = 1 bit or 1 mil
2.0 = 2 coins
0.02 = 2 cents
0.002 = 2 bits or 2 mils
2.5 = 2 and a half coins, or 2 coins, 50 cents
0.21 = 21 cents
0.021 = 21 bits or 21 mils
2.212 = 2 coins, 21 cents, 2 bits (or 2 mils)
Works for me.
(edited for math. yeah.)
0.0001 BTC = 1 square-rooted satoshi
Hang the fuck on. I actually REALLY, REALLY like this. The public is fine with Satoshi, which means absolutely dick to them. It's also too long to be spoken, really, so we'll have to shorten that eventually anyhow.
I nominate Satoshi-root. It's clever, it gives us geeks what WE want (with our insistence on scientific notation etc), and the public doesn't give a damn anyway. I don't even care, I'm henceforth calling it a Satoshi-root; probably just roots, or the japanese for it (kon, pronounced "cone"). If using kon, just let that be singular and plural.
BTW, the KON in that Kanji is already the Chinese pronunciation, so it's a triple win.
0.0001 BTC = 1 square-rooted satoshi
No one walks around talking about kilo-dollars ...
Nonsense. 'How much is that house, Mr. Realtor?' "Two-Hundred and Fifty K" 'Quarter-Mil? Cool'.
Quote
or deci-dollars
True, although 'centi-dollars' is so common that we abbreviate it to 'cents'.
People are willing to talk "cents" and "kilos" and would likely do "decis" and "micros". It's when the prefixes stay attached to the base unit ("kilo-dollars") that people start changing it up.
what's wrong with scientific notation?
1 x 10-4 btc
1 x 10-4 btc
Let one ten thousandth of a bitcoin be 1/10000 b, where the unit of "b" uses lowercase since bitcoin is not a proper name, like h for hash instead of H for Hertz. Then, 0.0001 b = 0.1 mb = 100 μb = 10 kiloSat, or say ".1 em-bee is 100 mu-bee is 10 kSa," if you like...or 10kS, i.e. 10 kSatoshi.
We're trying to simplify so normal people can use bitcoin and not have to rely on units to right of decimal point. I don't think your suggestion simplifies, the opposite in fact
Lol, somehow I can't see these catching on
. You need short and sweet little names that are memorable and don't all sound the same. Let one ten thousandth of a bitcoin be 1/10000 b, where the unit of "b" uses lowercase since bitcoin is not a proper name, like h for hash instead of H for Hertz. Then, 0.0001 b = 0.1 mb = 100 μb = 10 kiloSat, or say ".1 em-bee is 100 mu-bee is 10 kSa," if you like...or 10kS, i.e. 10 kSatoshi.
We're trying to simplify so normal people can use bitcoin and not have to rely on units to right of decimal point. I don't think your suggestion simplifies, the opposite in fact
Let one ten thousandth of a bitcoin be 1/10000 b, where the unit of "b" uses lowercase since bitcoin is not a proper name, like h for hash instead of H for Hertz. Then, 0.0001 b = 0.1 mb = 100 μb = 10 kiloSat, or say ".1 em-bee is 100 mu-bee is 10 kSa," if you like...or 10kS, i.e. 10 kSatoshi.
I hate all those names. 
Again, I must point out that in Japanese (and Chinese) cultures, numbers are grouped in chunks of 4, not 3; and they are spoken in couplets. This is why there are 21,000,000 and not something convenient for tri-grouping.
2100 0000 main units. Each main unit has 1 0000 0000 subunits, and therefore 2100 0000 0000 0000 total.
Also, decimals basically are read as "integer ten (meaning point) decimal" -- no thousandths or whatever. Just leading zeroes.
I still feel, if we must name something, I guess of those choices a Finney, easily shortened to Fin in speech, works for mBTC. I don't really like it though. A "rin" (pronounced "reen") is old Japanese for a thousandth. I could be persuaded to try that if I must. But that's a decimal short. 0.001, and we are trying to name 0.0001.
I guess I'd have to vote for Finney... Fincoins? (Sounds like Coinyes...)
2100 0000 main units. Each main unit has 1 0000 0000 subunits, and therefore 2100 0000 0000 0000 total.
Also, decimals basically are read as "integer ten (meaning point) decimal" -- no thousandths or whatever. Just leading zeroes.
I still feel, if we must name something, I guess of those choices a Finney, easily shortened to Fin in speech, works for mBTC. I don't really like it though. A "rin" (pronounced "reen") is old Japanese for a thousandth. I could be persuaded to try that if I must. But that's a decimal short. 0.001, and we are trying to name 0.0001.
I guess I'd have to vote for Finney... Fincoins? (Sounds like Coinyes...)
what's wrong with scientific notation?
1 x 10-4 btc
1 x 10-4 btc
There's nothing wrong with it per se, or with using metric terms for that matter. I don't even have a strong aversion to either, myself.
But how often do people or cultures apply either to their money? No one walks around talking about kilo-dollars or deci-dollars, or using scientific notation when selling either mansions or bubblegum. It's mainstream for measuring quantities... not for abstract tools like currencies.
The "millibitcoin" term obviously originates from the geekier parts of Bitcoin culture, and is going to face some resistance from non-technical types (read: most people) even outside the USA. Had there already been a name (even a metric shorthand, the equivalent of "cents") for the 0.0001 BTC unit early on, no one would have ever even suggested mBTC, uBTC and the like.
I got shot down for "liking" nakamoto purely on the basis it was 4 syllables so millibitcoin fails that test as well.
No one walks around talking about kilo-dollars ...
Nonsense. 'How much is that house, Mr. Realtor?' "Two-Hundred and Fifty K" 'Quarter-Mil? Cool'.
Quote
or deci-dollars
True, although 'centi-dollars' is so common that we abbreviate it to 'cents'.
what's wrong with scientific notation?
1 x 10-4 btc
1 x 10-4 btc
There's nothing wrong with it per se, or with using metric terms for that matter. I don't even have a strong aversion to either, myself.
But how often do people or cultures apply either to their money? No one walks around talking about kilo-dollars or deci-dollars, or using scientific notation when selling either mansions or bubblegum. It's mainstream for measuring quantities... not for abstract tools like currencies.
The "millibitcoin" term obviously originates from the geekier parts of Bitcoin culture, and is going to face some resistance from non-technical types (read: most people) even outside the USA. Had there already been a name (even a metric shorthand, the equivalent of "cents") for the 0.0001 BTC unit early on, no one would have ever even suggested mBTC, uBTC and the like.
what's wrong with scientific notation?
1 x 10-4 btc
1 x 10-4 btc
And the winning name, 29.3% of the votes to the 24.8% of the runner-up:
One bit = 0.0001 BTC
The 0.1 BTC prize belongs to jakioflap for the initial proposal.
The acceptance of the name is still up in the air, of course; the final competition wasn't far behind vote-wise.
Congratulations on the win!
One bit = 0.0001 BTC
The 0.1 BTC prize belongs to jakioflap for the initial proposal.
The acceptance of the name is still up in the air, of course; the final competition wasn't far behind vote-wise.
Congratulations on the win!
So 1 bit = .1 millibits
It's probably safe to say that those who voted for bit really don't like millibit/millibitcoin as a name.
And the winning name, 29.3% of the votes to the 24.8% of the runner-up:
One bit = 0.0001 BTC
The 0.1 BTC prize belongs to jakioflap for the initial proposal.
The acceptance of the name is still up in the air, of course; the final competition wasn't far behind vote-wise.
Congratulations on the win!
One bit = 0.0001 BTC
The 0.1 BTC prize belongs to jakioflap for the initial proposal.
The acceptance of the name is still up in the air, of course; the final competition wasn't far behind vote-wise.
Congratulations on the win!
So 1 bit = .1 millibits
No need for that.
Just use one of these:
0.1 mBTC
100 μBTC
Just use one of these:
0.1 mBTC
100 μBTC
SI units are where it's at, people. Unless you're living in the US, that should be obvious.
And where is μ on a keyboard? Has to be on a keyboard, sorry.
Could just use 'u'.
Or just say microbit, like mBTC=millibit
No need for that.
Just use one of these:
0.1 mBTC
100 μBTC
Just use one of these:
0.1 mBTC
100 μBTC
SI units are where it's at, people. Unless you're living in the US, that should be obvious.
And where is μ on a keyboard? Has to be on a keyboard, sorry.
Could just use 'u'.
A "bit" is plain awful
1) Already in use in computation e.g 101111
2) Already in use in plain English "loan me a bit please" ...
Simply terrible choice. But hey, who cares
1) Already in use in computation e.g 101111
2) Already in use in plain English "loan me a bit please" ...
Simply terrible choice. But hey, who cares
Well congratulations to the winner but that being said that has to be the most unimaginative name anyone could have ever come up with. Fingers crossed it won't stick!
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