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Question: Which do you feel is the "best" name to uniquely identify the 0.0001 BTC unit?
1 bip = 0.0001 BTC
1 bit = 0.0001 BTC
1 finney = 0.0001 BTC
1 nakamoto = 0.0001 BTC

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Author Topic: Name the 0.0001 BTC unit - Final Poll  (Read 6880 times)
westkybitcoins (OP)
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January 09, 2014, 06:11:46 AM
 #1

The last leg of the contest to propose a name for the 0.0001 BTC unit is now underway. Details follow...

Please read carefully:

The four highest-voted names from the prior poll are up for voting. You only get one vote, and again, your vote cannot be changed. At the end of the voting period, the highest-voted name will be declared the winner, and the submitter will be contacted to receive their 0.1 BTC prize.

In the interest of time, the voting period will be roughly 48 hours. The voting on this poll will be closed at 23:59:59 CST on Friday night, January 10.

It's otherwise pretty straightforward, but anyone interested can review the original thread and the first poll.

For those curious about each name's origins:

bip - This name stems from the financial term "basis point". With a bp being 1/100 of 1%, numerically it works out to the same fractional amount, even though it has a different meaning.

bit - The original monetary bit referred to an amount commonly used in the colonial U.S., specifically 12.5 cents (1/8 of a Spanish dollar from the era.)

finney - This name was suggested in honor of Hal Finney, whose noteworthiness with regards to his contributions to Bitcoin and cryptography in general can be explored in this thread (and is summarized in his wikipedia page.)

nakamoto - Obviously a complementary name to "satoshi."


With that, the final poll of this contest begins; vote away, and again, may the best name win!


Quote from: Credits
bip - arcke
bit - jakioflap
finney - bassclef
nakamoto - HairyMaclairy

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Elwar
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January 09, 2014, 08:44:46 AM
 #2

I have no idea why people would vote for bit when it is commonly known as an eighth of something.

.0001 is not an eighth.

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January 09, 2014, 09:41:57 AM
 #3

toshi  Smiley
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January 09, 2014, 09:52:56 AM
 #4

Why find a seperate name for 100µBTC?

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
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January 09, 2014, 09:55:38 AM
 #5

0.0001 should be called.... 1  chalky Grin
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January 09, 2014, 09:56:31 AM
 #6

Why find a seperate name for 100µBTC?

This.
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January 09, 2014, 10:08:24 AM
 #7

Here I said Finny and Nakamoto. Either of the 2 will win Smiley

https://bitcointalk.org/index.php?topic=396522.msg4305576#msg4305576

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January 09, 2014, 10:33:05 AM
 #8

nakamoto should be next to satoshi, i.e. the 7th decimal point - sticking it elsewhere makes no sense
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January 09, 2014, 10:34:11 AM
 #9

0.1 mBTC
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January 09, 2014, 10:50:22 AM
 #10

"nakamoto", although praised be His Name, is too long.

"bip" sounds kinda nice.

In theory, there's no difference between theory and practice. In practice, there is.
Insert coin(s): 1KazimirL9MNcnFnoosGrEkmMsbYLxPPob
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January 09, 2014, 11:09:22 AM
 #11

"nakamoto", although praised be His Name, is too long.

"bip" sounds kinda nice.

how much longer is nakamoto than satoshi?
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January 09, 2014, 11:48:22 AM
 #12

I have no idea why people would vote for bit when it is commonly known as an eighth of something.

.0001 is not an eighth.

I like both bit or bip, but decide to vote for the latter.

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January 09, 2014, 12:04:26 PM
 #13

Not really keen on any of these names, none of them stand out as being catchy or appealing  Smiley
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January 09, 2014, 12:09:31 PM
 #14

Just call it the USD  Wink tis going to be equal to that soon enough anyways  Grin
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January 09, 2014, 12:10:49 PM
 #15

how much longer is nakamoto than satoshi?
One syllable.

In theory, there's no difference between theory and practice. In practice, there is.
Insert coin(s): 1KazimirL9MNcnFnoosGrEkmMsbYLxPPob
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January 09, 2014, 12:39:59 PM
 #16

Nobody has realized that Satoshi Nakamoto never intended Bitcoin to group decimals by 3, but instead by 4, like in the japanese culture.

The radix point is exactly at the center:
0000 0000 . 0000 0000

21 million BTC = 2.1 peta-satoshi = 2.1 Psat
2100 0000 . 0000 0000

1 satoshi = 1 sat
0000 0000 . 0000 0001

1 finney = 1 oku satoshi (japanese group by 4) = 10 kilo-satoshi = 10 ksat
0000 0000 . 0001 0000




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January 09, 2014, 12:48:48 PM
 #17

Nobody has realized that Satoshi Nakamoto never intended Bitcoin to group decimals by 3, but instead by 4, like in the japanese culture.

The radix point is exactly at the center:
0000 0000 . 0000 0000

21 million BTC = 2.1 peta-satoshi = 2.1 Psat
2100 0000 . 0000 0000

1 satoshi = 1 sat
0000 0000 . 0000 0001

1 finney = 1 oku satoshi (japanese group by 4) = 10 kilo-satoshi = 10 ksat
0000 0000 . 0001 0000

Same in Chinese culture  Smiley
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January 09, 2014, 12:55:13 PM
 #18

Nobody has realized that Satoshi Nakamoto never intended Bitcoin to group decimals by 3, but instead by 4, like in the japanese culture.

The radix point is exactly at the center:
0000 0000 . 0000 0000

21 million BTC = 2.1 peta-satoshi = 2.1 Psat
2100 0000 . 0000 0000

1 satoshi = 1 sat
0000 0000 . 0000 0001

1 finney = 1 oku satoshi (japanese group by 4) = 10 kilo-satoshi = 10 ksat
0000 0000 . 0001 0000

Or
00 000 000 . 000 000 00
the last two is for cent, 100 satoshi = 1 dollar?
1 btc = 1,000,000 dollar?
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January 09, 2014, 01:42:11 PM
 #19

how much longer is nakamoto than satoshi?
One syllable.

So 3 syllables is fine but 4 is unacceptable? Fine ..... up to you.

What does it matter what these polls say anyway. They are forgotten the day after they close.
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January 09, 2014, 01:58:40 PM
 #20

how much longer is nakamoto than satoshi?
One syllable.

So 3 syllables is fine but 4 is unacceptable? Fine ..... up to you.

What does it matter what these polls say anyway. They are forgotten the day after they close.

So is this a legit poll to actually officially name it, or just for fun?
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