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Author Topic: Contest to name the 0.0001 BTC unit (0.1 BTC prize!)  (Read 8444 times)
empoweoqwj
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January 04, 2014, 03:28:51 AM
 #121

Someone should really put up a page or a wiki somewhere with all the denominations known for each digit place:

10,000.00000000 = 1 pizza
1.00000000 = 1 bitcoin
0.01000000 = 1 bitcent/centibit (cBTC?)
0.00100000 = 1 millibitcoin (mBTC)
0.00010000 = 1 finney
0.00000100 = 1 microbitcoin (uBTC)
0.00000001 = 1 satoshi

But there are no accepted denominations, except for bitcoin and satoshi. Any wiki page put up would be edited 10 times a day Wink
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son_of_a_bit
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January 04, 2014, 03:43:38 AM
 #122

Simple!

Son of a bit

or

Bitski
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January 04, 2014, 04:06:21 AM
 #123

I've wanted to call it minicoin too. Or maybe a centcoin.
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January 04, 2014, 04:15:36 AM
 #124

This has probably been mentioned earlier, but I've been pushing for "bits" for about a year now
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January 04, 2014, 05:16:13 AM
 #125

This has probably been mentioned earlier, but I've been pushing for "bits" for about a year now

Mhmm I wonder why.
coinage
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January 04, 2014, 09:55:19 AM
 #126


Since Hal 'Finney' has drawn attention it's reasonable to look at variations.  In actual usage a shorter 1-syllable name would often be substituted:

1 hal
1 fin
1 finn


There's also a combination:

1 halfin  (or halfinn)

jonanon
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January 04, 2014, 12:13:39 PM
 #127

How about 'semibit', 'fracbit' as in fraction of, 'grambit' or 'fairbit'

 Grin
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January 04, 2014, 12:40:39 PM
 #128

Really, not because it was my idea, but so far I think the best and most marketable way to denominate bitcoin is to use the threeObitcoin, fourObitcoin, ... whatever number of zeros are after the decimal point before the first bit.

Bitcoin is used by regular people too (at least hopefully it will be used), not only by you guys, who are staying on these forums all day, and are experts in mining, programmers, mathematicians, etc. Common people understand easiest something which is DESCRIPTIVE. On the other hand if we start to give names like satoshi to each fraction on bitcoins I bet that even we are going to be messed up about all the denomination (remember, we are talking about a very unusual currency with a lot of decimals).

Also, I'd like the emphasize again the importance of having the wording BITCOIN in the denomination. Crypto currencies are still not safe from banks and governments, basically they'll always be against their interest. So I think is crucial to make them MORE AND MORE popular for the common people also (not only some experts, miners, traders), in order to make it un-stopable. It has to be a social thing, people should understand it easy, etc.

jonanon
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January 04, 2014, 01:17:30 PM
 #129

Also 'nanobit', 'splitbit', 'fragbit'.

 Wink
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January 04, 2014, 01:28:08 PM
Last edit: January 04, 2014, 02:02:54 PM by BitCoinDream
 #130

1. DreamBit
2. Nakamoto
3. Finney (https://bitcointalk.org/index.php?topic=155054.0)

OneBTCJay
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January 04, 2014, 01:57:54 PM
 #131

bit
Borbolon
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January 04, 2014, 02:07:56 PM
 #132

What are the proposed names until now?
DobZombie
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January 04, 2014, 02:15:52 PM
 #133

0.0001 BTC

1.00000000 BTC = 10 MegaSats
0.10000000 BTC = MegaSat
0.00010000 BTC = KiloSat
0.00000001 BTC = Sat

Tip Me if believe BTC1 will hit $1 Million by 2030
1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
bitbrasil
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January 04, 2014, 02:39:32 PM
 #134


This is the most insightful answer I've read here.
So if I'm understanding this correctly:

1.00000000 = oku
0.00010000 = man

Edit:

1.00000000 = 1 oku satoshi
0.00010000 = 1 man satoshi (1 man)
0.00000001 = 1 satoshi (1 sat)

That's interesting, I also like the idea of using "1 man satoshi" or "1 man" for short.

SO 1 BTC would be equivalent to 1 oku satoshi

waxaddict
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January 04, 2014, 03:44:19 PM
 #135

A BabyBit.

Simple, catchy, rolls off the tongue, appeals to the casual user.

Bitcoin needs ease of use and simplicity if its to become widespread. Naming bits japanese words or computer jargon, while nifty, doesn't really help.
tlo
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January 04, 2014, 04:05:59 PM
 #136

1 Nioc (reverse "coin")
1 Billy
1 Biccy
1 Bikky
1 Bissy
1 Biddy
1 Birry
1 Biffy
1 Bixxy
CooterCoin
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January 04, 2014, 04:27:14 PM
Last edit: January 04, 2014, 04:40:00 PM by CooterCoin
 #137

Try to follow this now....

(Roman numeral one)=> I
(ten-thousandth)=> tt
(incremented)=> i

0.0001 BTC = Ittibit or IttiBit

One ten-thousandth incremented = Itti

Thank you for your consideration.... Shocked

Cooter
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January 04, 2014, 04:32:43 PM
 #138


+1 for Finn.  Grin

I also like Turing.
Kluge
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January 04, 2014, 04:43:17 PM
 #139

What about

00.00000001 = 1 satoshi (1 s or 1 sat)
00.00000010 = 10 satoshi (10 s or 10 sat)
00.00000100 = 100 satoshi (100 s or 100 sat)
00.00001000 = 1 kilo-satoshi (1 ks or 1 ksat)
00.00010000 = 10 kilo-satoshi (10 ks or 10 ksat)
00.00100000 = 100 kilo-satoshi (100 ks or 100 ksat)
00.01000000 = 1 mega-satoshi (1 Ms or Msat)
00.10000000 = 10 mega-satoshi (10 Ms or 10 Msat)
01.00000000 = 100 mega-satoshi (100 Ms or 100 Msat)
10.00000000 = 1 giga-satoshi (1 Gs or 1 Gsat)
Chosen here or not, this will be the naming scheme in the future, and gambling establishments which regularly deal in small amounts of BTC already use an identical or similar system. There's no longer any reason to keep the radix point in Bitcoin. Most people aren't dealing with 10BTC+ transactions every day.
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January 04, 2014, 09:47:32 PM
 #140

Bitski

I've wanted to call it minicoin too. Or maybe a centcoin.

1 hal
1 fin
1 finn
1 halfin  (or halfinn)

How about 'semibit', 'fracbit' as in fraction of, 'grambit' or 'fairbit'

Also 'nanobit', 'splitbit', 'fragbit'.

We already have nano-bitcoins (0.1 satoshi), sorry

A BabyBit.

1 Nioc (reverse "coin")
1 Billy
1 Biccy
1 Bikky
1 Bissy
1 Biddy
1 Birry
1 Biffy
1 Bixxy

I also like Turing.

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