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Title: Who started calling it a "satoshi"? Post by: Peter Lambert on September 15, 2013, 01:22:11 PM Does anybody know the history behind using the term "satoshi" as the atomic unit for bitcoins?
Title: Re: Who started calling it a "satoshi"? Post by: marcovaldo on September 15, 2013, 02:07:02 PM Maybe https://bitcointalk.org/index.php?action=profile;u=3 ? ::)
Title: Re: Who started calling it a "satoshi"? Post by: malevolent on September 15, 2013, 02:18:34 PM https://bitcointalk.org/index.php?topic=369.msg22160#msg22160
Anyway, what's the plan for subdividing bitcoins? Do we go in thousands like the metric system (millibits, microbits, nanobits)? Or do we have names for subdivisions? A hundredth of a bitcoin could be a Satoshi, a thousandth of that could be a Molyneau, and a thousandth of that could be an Austrian. https://bitcointalk.org/index.php?topic=369.msg30691#msg30691 Let's consider the long-term, where we will need a smaller unit. I think it's best to have a separate name for this, rather than messing with long decimals like 0.00000247. For the purpose of this discussion, suppose a millionth of a bitcoin is called a satoshi. Title: Re: Who started calling it a "satoshi"? Post by: faiza1990 on September 15, 2013, 06:49:07 PM https://bitcointalk.org/index.php?topic=369.msg22160#msg22160 Anyway, what's the plan for subdividing bitcoins? Do we go in thousands like the metric system (millibits, microbits, nanobits)? Or do we have names for subdivisions? A hundredth of a bitcoin could be a Satoshi, a thousandth of that could be a Molyneau, and a thousandth of that could be an Austrian. https://bitcointalk.org/index.php?topic=369.msg30691#msg30691 Let's consider the long-term, where we will need a smaller unit. I think it's best to have a separate name for this, rather than messing with long decimals like 0.00000247. For the purpose of this discussion, suppose a millionth of a bitcoin is called a satoshi. good and positive information thanks for this Title: Re: Who started calling it a "satoshi"? Post by: Peter Lambert on September 15, 2013, 08:10:25 PM Maybe https://bitcointalk.org/index.php?action=profile;u=3 ? ::) That is a good question, how did Satoshi refer to these units? I beleive he was gone (or at least using a different name) by the time the term satoshi caught on for the smallest bitcoin units. Title: Re: Who started calling it a "satoshi"? Post by: theymos on September 15, 2013, 09:44:45 PM That is a good question, how did Satoshi refer to these units? They're not referred to by any special name in the code that Satoshi wrote. Satoshi never used the term. Title: Re: Who started calling it a "satoshi"? Post by: ImI on September 15, 2013, 09:54:01 PM Is there a name for 0.01 BTC? It obv should have a name cause everyday transactions wont be measured in BTC but in 0.01 BTC Title: Re: Who started calling it a "satoshi"? Post by: The Bitcoin Catalog on September 15, 2013, 09:57:20 PM The answer is probably here:
https://bitcointalk.org/index.php?topic=3574.msg50647#msg50647 Title: Re: Who started calling it a "satoshi"? Post by: Peter Lambert on September 15, 2013, 09:58:52 PM Is there a name for 0.01 BTC? It obv should have a name cause everyday transactions wont be measured in BTC but in 0.01 BTC 0.001 btc is referred to as a millibit and abbreviated mB. Title: Re: Who started calling it a "satoshi"? Post by: marcotheminer on September 15, 2013, 11:17:04 PM Is there a name for 0.01 BTC? It obv should have a name cause everyday transactions wont be measured in BTC but in 0.01 BTC I think it could be called a centi-bitcoin. Because 0.001 is a milli Bitcoin so 0.01 is a so called 'cent' Title: Re: Who started calling it a "satoshi"? Post by: Mike Christ on September 15, 2013, 11:31:00 PM Is there a name for 0.01 BTC? It obv should have a name cause everyday transactions wont be measured in BTC but in 0.01 BTC I think it could be called a centi-bitcoin. Because 0.001 is a milli Bitcoin so 0.01 is a so called 'cent' I just call them cents in the context of Bitcoin; out of context, I call them bitcents. |