
Renatov π© βοΈ
@renatov.eth
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BIP 177 - Interesting narrative and proposal.
it's titled βRedefine Bitcoinβs Base Unit,β is a proposal by John Carvalho aimed at changing the way Bitcoinβs units are represented.
Traditionally, 1 $BTC = 100,000,000 satoshis, with the satoshi being the smallest indivisible unit.
BIP 177 suggests redefining the term βbitcoinβ to represent this smallest unit, effectively making what is currently known as 1 BTC equal to 100,000,000 bitcoins under the new definition.
For example, βΏ 425,324 instead of 0.00425324 $BTC, aiming to simplify usage by removing decimal places. 2 replies
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