Replies (21)

John Carvalho's avatar
John Carvalho 11 months ago
That is one purpose of the BIP, to force people to learn that Bitcoin is not actually divisible and we cannot add more decimals places because it uses whole integers.
DZC's avatar
DZC 11 months ago
That ship has already sailed. We must make *sats* the main unit, and keep the Bitcoin name for the network/protocol, imo. 🫂
Sats would have to disappear entirely. Are we all too entrenched now? “There will only ever be…” 2,100,000,000,000,000 bitcoins
Nope, you’re trying to make it a discussion rn, there’s no discussion, you can call sats whatever you want, if the majority of users call them sats, they are called sats.
CanopyKev's avatar
CanopyKev 11 months ago
Its currently hardcodes to simulate 8 decimal places using integers. Wouldnt be hard to increase that to 11 or 16.
John Carvalho's avatar
John Carvalho 11 months ago
What is "hardcoded" is a limit of 2.1 quadrillion base units.
davesoma's avatar
davesoma 11 months ago
I can already hear the midwit chorus: 'Then it wasn’t a fixed number of 21 million—they produced more!'
I actually disagree because there is no actual decimal place. It’s just an integer. Which means making more granularity in a soft fork is actually a lot messier than it seems.
Manuel's avatar
Manuel 11 months ago
Hope this happens. Better now than later