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pof
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September 30, 2012, 06:04:16 PM |
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I prefer mBTC and µBTC
I will argue that it's hard for people to understand what these exactly mean. I can't even grasp it based on those names. You would better argue that its hard to you to understand. Where were far more exotic currency divisions in the past, well known the Pound in great britain was divided in 20 Shilling each 12 pence. And even 1/1000 division exist 1 Kuwaiti dinar = 1000 fulūs (singular fils). http://en.wikipedia.org/wiki/Fils_%28currency%29Exactly! 1 Kuwait dinar = 1000 fulus, not 1 Kuwait dinar = 1000 mdinar ! |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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lame.duck
Legendary
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Activity: 1270
Merit: 1000
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September 30, 2012, 11:08:16 PM |
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Argh! i didn't search hard enough, how about this http://en.wikipedia.org/wiki/Tunisian_dinarThe dinar (Arabic: دينار, ISO 4217 currency code: TND) is the currency of Tunisia. It is subdivided into 1000 milim or millimes (مليم).
Unless its a false etymolgy i guess mili[...] means 1/1000 just like cent means 1/100 ... Besides this, i wonder if true nerds would rather prefer a 2 based division of the bitcoin so 1/1024   |
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pof
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October 01, 2012, 03:09:04 PM |
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Argh! i didn't search hard enough, how about this http://en.wikipedia.org/wiki/Tunisian_dinarThe dinar (Arabic: دينار, ISO 4217 currency code: TND) is the currency of Tunisia. It is subdivided into 1000 milim or millimes (مليم).
Unless its a false etymolgy i guess mili[...] means 1/1000 just like cent means 1/100 ... Besides this, i wonder if true nerds would rather prefer a 2 based division of the bitcoin so 1/1024 Bravo! You beat me! |
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giszmo
Legendary
Offline
Activity: 1862
Merit: 1105
WalletScrutiny.com
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October 01, 2012, 09:37:36 PM |
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I prefer mBTC and µBTC
I will argue that it's hard for people to understand what these exactly mean. I can't even grasp it based on those names. You would better argue that its hard to you to understand. Where were far more exotic currency divisions in the past, well known the Pound in great britain was divided in 20 Shilling each 12 pence. And even 1/1000 division exist 1 Kuwaiti dinar = 1000 fulūs (singular fils). http://en.wikipedia.org/wiki/Fils_%28currency%29Iran has toman which is actually funny because one toman is either 10 Rial or 10,000 Rial depending on what is more reasonable. As a tourist you can easily be off by x1000 in your guessing when it comes to buying small quantities of funny stuff you can't identify on the bazaar In software I see no problem with mBTC muBTC and nBTC as people will get used to it easily and won't confuse it twice. |
| ɃɃWalletScrutiny.com | Is your wallet secure?(Methodology)
WalletScrutiny checks if wallet builds are reproducible, a precondition for code audits to be of value. | ɃɃ |
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nameface
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October 02, 2012, 12:48:29 AM |
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Satoshis FTW
A simple nomenclature will be more easily adopted by the general public, ie. bitcoins & satoshis. The rest is just fluff.
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Aahzman
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October 02, 2012, 12:58:52 AM |
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I prefer mBTC and µBTC
I will argue that it's hard for people to understand what these exactly mean. I can't even grasp it based on those names. I also prefer mBTC and µBTC because this keeps the unit "BTC". mBTC = milli Bitcoin (milli = the thousandth part of something) µBTC = micro Bitcoin (micro = the millionth part of something) and what about the smaller segments? BTC/Bitcoin ( BTC1.0) dBTC/deciBitcoin ( BTC0.1 or bit-dime) cBTC/centiBitcoin ( BTC0.01 or bit-cent) mBTC/milliBitcoin ( BTC0.001 or bit-mill) µBTC/microBitcoin ( BTC0.0001 or bit-mike) nBTC/nanoBitcoin ( BTC0.00001 or bit-nan) pBTC/picoBitcoin ( BTC0.000001 or bit-peek) fBTC/femtoBitcoin ( BTC0.0000001 or bit-fem) aBTC/attoBitcoin ( BTC0.00000001 or bit-att) it's all there. The metric system. The nomenclature that keeps on giving. So, uh, if anybody wants to tip me a bit-mill, feel free. :-) 19psECta6MkNNZukuZ2LTiBdBUXrkCo1Ch |
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nameface
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October 02, 2012, 01:15:47 AM |
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I don't like this idea of referring to a fraction of a bitcoin as it's own "coin". Satoshi FTW
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nobbynobbynoob
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October 02, 2012, 01:27:02 AM |
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Satoshis FTW
A simple nomenclature will be more easily adopted by the general public, ie. bitcoins & satoshis. The rest is just fluff.
+1 Although cents might be pretty useful too (it is money!), and one cent = one million satoshi. |
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Aahzman
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October 02, 2012, 01:32:41 AM |
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I don't like this idea of referring to a fraction of a bitcoin as it's own "coin". Satoshi FTW
can we at least use the name of a sexy anime female or japanese porn star? Who's that one with the giant freakin' knockers...Hitomi Tanaka. So, how about instead of "Satoshis" we use "Sakuras" or "Hitomis", or maybe Ozawas? |
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helloworld
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October 02, 2012, 02:27:16 AM |
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or maybe Ozawas?
Isn't she American? I need to go do some more research... |
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Aahzman
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October 02, 2012, 02:50:26 AM |
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or maybe Ozawas?
Isn't she American? I need to go do some more research... So, you'll be in your bunk? |
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Kupsi
Legendary
Offline
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
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October 02, 2012, 11:27:24 AM |
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and what about the smaller segments?
BTC/Bitcoin (BTC1.0)
dBTC/deciBitcoin (BTC0.1 or bit-dime)
cBTC/centiBitcoin (BTC0.01 or bit-cent)
mBTC/milliBitcoin (BTC0.001 or bit-mill)
µBTC/microBitcoin (BTC0.0001 or bit-mike)
nBTC/nanoBitcoin (BTC0.00001 or bit-nan)
pBTC/picoBitcoin (BTC0.000001 or bit-peek)
fBTC/femtoBitcoin (BTC0.0000001 or bit-fem)
aBTC/attoBitcoin (BTC0.00000001 or bit-att)
That's not correct. µBTC/microBitcoin = BTC0.000001 nBTC/nanoBitcoin = BTC0.000000001 and so on... |
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Kupsi
Legendary
Offline
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
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October 02, 2012, 11:33:26 AM |
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Although cents might be pretty useful too (it is money!), and one cent = one million satoshi.
Why is cent (centi) useful and not milli or micro? Because you have heard of it before? |
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Atlas (OP)
Jr. Member
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Activity: 56
Merit: 1
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October 02, 2012, 11:36:18 AM |
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Although cents might be pretty useful too (it is money!), and one cent = one million satoshi.
Why is cent (centi) useful and not milli or mikro? Because you have heard of it before? Now you're starting to understand how humans work. There is a good reason why Americans still hate the metric system. |
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Kupsi
Legendary
Offline
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
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October 02, 2012, 11:39:57 AM |
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Although cents might be pretty useful too (it is money!), and one cent = one million satoshi.
Why is cent (centi) useful and not milli or mikro? Because you have heard of it before? Now you're starting to understand how humans work. There is a good reason why Americans still hate the metric system. FTFY |
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nameface
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October 02, 2012, 12:12:27 PM |
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I don't like this idea of referring to a fraction of a bitcoin as it's own "coin". Satoshi FTW
can we at least use the name of a sexy anime female or japanese porn star? Who's that one with the giant freakin' knockers...Hitomi Tanaka. So, how about instead of "Satoshis" we use "Sakuras" or "Hitomis", or maybe Ozawas? +10 |
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Uuno
Member
Offline
Activity: 96
Merit: 10
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October 02, 2012, 12:13:03 PM |
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No other currency does this though and it's hard to grasp the part to whole ratio for most non-geeks.
The people on Silkroad are quite familiar with the word milligram (mg) This is a great point. Seriously. Bitcoin will eventually be closely tied with drug culture. It is already tied with drug culture. |
Send all your money here: 1CRTegc4fdeJYwTPGYTuGq3nFBbgvHc23c
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nameface
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October 02, 2012, 12:18:52 PM |
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No other currency does this though and it's hard to grasp the part to whole ratio for most non-geeks.
The people on Silkroad are quite familiar with the word milligram (mg) This is a great point. Seriously. Bitcoin will eventually be closely tied with drug culture. It is already tied with drug culture. So is USD. |
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Aahzman
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October 02, 2012, 12:57:07 PM |
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and what about the smaller segments?
BTC/Bitcoin (BTC1.0)
dBTC/deciBitcoin (BTC0.1 or bit-dime)
cBTC/centiBitcoin (BTC0.01 or bit-cent)
mBTC/milliBitcoin (BTC0.001 or bit-mill)
µBTC/microBitcoin (BTC0.0001 or bit-mike)
nBTC/nanoBitcoin (BTC0.00001 or bit-nan)
pBTC/picoBitcoin (BTC0.000001 or bit-peek)
fBTC/femtoBitcoin (BTC0.0000001 or bit-fem)
aBTC/attoBitcoin (BTC0.00000001 or bit-att)
That's not correct. µBTC/microBitcoin = BTC0.000001 nBTC/nanoBitcoin = BTC0.000000001 and so on... Wiki page on metric prefixes lied to me? Mothersmurfers! *edit* oh it didn't lie to me, i just read the dang thing wrong *facepalm* |
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Aahzman
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October 02, 2012, 01:14:56 PM |
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and what about the smaller segments?
BTC/Bitcoin (BTC1.0)
dBTC/deciBitcoin (BTC0.1 or bit-dime)
cBTC/centiBitcoin (BTC0.01 or bit-cent)
mBTC/milliBitcoin (BTC0.001 or bit-mill)
µBTC/microBitcoin (BTC0.0001 or bit-mike)
nBTC/nanoBitcoin (BTC0.00001 or bit-nan)
pBTC/picoBitcoin (BTC0.000001 or bit-peek)
fBTC/femtoBitcoin (BTC0.0000001 or bit-fem)
aBTC/attoBitcoin (BTC0.00000001 or bit-att)
That's not correct. µBTC/microBitcoin = BTC0.000001 nBTC/nanoBitcoin = BTC0.000000001 and so on... hrm. ok, so µBTC is really the smallest useable metric prefix for bitcoin, then. ie 1 µBTC BTC0.00000100 Which brings us back to coming up with a name for BTC0.00000001 I still wanna go with the ozawa or the hitomi. "Hey bro, transfer me 50 ozawas to <address>?" |
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