📅 Original date posted:2014-04-20
📝 Original message:Here is an earlier reference to bits:
https://www.mail-archive.com/bitcoin-development%40lists.sourceforge.net/msg04248.html
I forgot that Alan Reiner was also supporting a unit equals to bits :
https://www.mail-archive.com/bitcoin-development%40lists.sourceforge.net/msg04264.html
and here the earlier going back to March 2013 and a poll at that time pushing for XBT being 1 bit
https://www.mail-archive.com/bitcoin-development%40lists.sourceforge.net/msg04256.html
Regards,
Tamas Blummer
http://bitsofproof.com
On 20.04.2014, at 16:53, Pieter Wuille <pieter.wuille at gmail.com> wrote:
> I told him specifically to bring it here (on a pull request for
> Bitcoin Core), as there is no point in making such convention changes
> to just one client.
>
> I wasn't aware of any discussion about the "bits" proposal here before.
>
> On Sun, Apr 20, 2014 at 4:28 PM, Tamas Blummer <tamas at bitsofproof.com> wrote:
>> People on this list are mostly engineers who have no problem dealing with
>> magnitudes and have rather limited empathy for people who have a problem
>> with them.
>> They also tend to think, that because they invented money 2.0 they would not
>> need to care of finance's or people's current customs.
>>
>> The importance of their decisions in these questions will fade as people
>> already use wallets other than the core.
>>
>> Bring this particular discussion elsewhere, to the wallet developer.
>>
>> BTW the topic was discussed here several times, you have my support and Jeff
>> Garzik's.
>>
>> Regards,
>>
>> Tamas Blummer
>> http://bitsofproof.com
>>
>> On 20.04.2014, at 15:15, Rob Golding <rob.golding at astutium.com> wrote:
>>
>> The average person is not going to be confident that the prefix they
>> are using is the correct one,
>>
>>
>> The use of any 'prefix' is one of choice and entirely unnecessary, and there
>> are already established 'divisions' in u/mBTC for those that feel they need
>> to use such things.
>>
>> people WILL send 1000x more or less than
>> intended if we go down this road,
>>
>>
>> Exceptionally unlikely - I deal every day with currencies with 0, 2 and 3
>> dp's in amount ranging from 'under 1 whole unit' to tens of thousands - Not
>> once in 20 years has anyone ever 'sent' more or less than intended - oh,
>> they've 'intended' to underpay just fine, but never *unintended*.
>>
>> I propose that users are offered a preference to denominate the
>> Bitcoin currency in a unit called a bit. Where one bitcoin (BTC)
>> equals one million bits (bits) and one bit equals 100 satoshis.
>>
>>
>> I propose that for people unable to understand what a bitcoin is, they can
>> just use satoshi's and drop this entire proposal.
>>
>> Rob
>>
>>
>> ------------------------------------------------------------------------------
>> Learn Graph Databases - Download FREE O'Reilly Book
>> "Graph Databases" is the definitive new guide to graph databases and their
>> applications. Written by three acclaimed leaders in the field,
>> this first edition is now available. Download your free book today!
>> http://p.sf.net/sfu/NeoTech
>> _______________________________________________
>> Bitcoin-development mailing list
>> Bitcoin-development at lists.sourceforge.net
>> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
>>
>>
>>
>> ------------------------------------------------------------------------------
>> Learn Graph Databases - Download FREE O'Reilly Book
>> "Graph Databases" is the definitive new guide to graph databases and their
>> applications. Written by three acclaimed leaders in the field,
>> this first edition is now available. Download your free book today!
>> http://p.sf.net/sfu/NeoTech
>> _______________________________________________
>> Bitcoin-development mailing list
>> Bitcoin-development at lists.sourceforge.net
>> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
>>
>
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Tamas Blummer [ARCHIVE] /
npub1cc…ex8m8
2023-06-07 15:18:55
in reply to nevent1q…kmc3
Author Public Key
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2023-06-07 15:18:55Event JSON
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"content": "📅 Original date posted:2014-04-20\n📝 Original message:Here is an earlier reference to bits:\n\nhttps://www.mail-archive.com/bitcoin-development%40lists.sourceforge.net/msg04248.html\n\nI forgot that Alan Reiner was also supporting a unit equals to bits :\n\nhttps://www.mail-archive.com/bitcoin-development%40lists.sourceforge.net/msg04264.html\n\nand here the earlier going back to March 2013 and a poll at that time pushing for XBT being 1 bit\n\nhttps://www.mail-archive.com/bitcoin-development%40lists.sourceforge.net/msg04256.html\n\nRegards,\n\nTamas Blummer\nhttp://bitsofproof.com\n\nOn 20.04.2014, at 16:53, Pieter Wuille \u003cpieter.wuille at gmail.com\u003e wrote:\n\n\u003e I told him specifically to bring it here (on a pull request for\n\u003e Bitcoin Core), as there is no point in making such convention changes\n\u003e to just one client.\n\u003e \n\u003e I wasn't aware of any discussion about the \"bits\" proposal here before.\n\u003e \n\u003e On Sun, Apr 20, 2014 at 4:28 PM, Tamas Blummer \u003ctamas at bitsofproof.com\u003e wrote:\n\u003e\u003e People on this list are mostly engineers who have no problem dealing with\n\u003e\u003e magnitudes and have rather limited empathy for people who have a problem\n\u003e\u003e with them.\n\u003e\u003e They also tend to think, that because they invented money 2.0 they would not\n\u003e\u003e need to care of finance's or people's current customs.\n\u003e\u003e \n\u003e\u003e The importance of their decisions in these questions will fade as people\n\u003e\u003e already use wallets other than the core.\n\u003e\u003e \n\u003e\u003e Bring this particular discussion elsewhere, to the wallet developer.\n\u003e\u003e \n\u003e\u003e BTW the topic was discussed here several times, you have my support and Jeff\n\u003e\u003e Garzik's.\n\u003e\u003e \n\u003e\u003e Regards,\n\u003e\u003e \n\u003e\u003e Tamas Blummer\n\u003e\u003e http://bitsofproof.com\n\u003e\u003e \n\u003e\u003e On 20.04.2014, at 15:15, Rob Golding \u003crob.golding at astutium.com\u003e wrote:\n\u003e\u003e \n\u003e\u003e The average person is not going to be confident that the prefix they\n\u003e\u003e are using is the correct one,\n\u003e\u003e \n\u003e\u003e \n\u003e\u003e The use of any 'prefix' is one of choice and entirely unnecessary, and there\n\u003e\u003e are already established 'divisions' in u/mBTC for those that feel they need\n\u003e\u003e to use such things.\n\u003e\u003e \n\u003e\u003e people WILL send 1000x more or less than\n\u003e\u003e intended if we go down this road,\n\u003e\u003e \n\u003e\u003e \n\u003e\u003e Exceptionally unlikely - I deal every day with currencies with 0, 2 and 3\n\u003e\u003e dp's in amount ranging from 'under 1 whole unit' to tens of thousands - Not\n\u003e\u003e once in 20 years has anyone ever 'sent' more or less than intended - oh,\n\u003e\u003e they've 'intended' to underpay just fine, but never *unintended*.\n\u003e\u003e \n\u003e\u003e I propose that users are offered a preference to denominate the\n\u003e\u003e Bitcoin currency in a unit called a bit. Where one bitcoin (BTC)\n\u003e\u003e equals one million bits (bits) and one bit equals 100 satoshis.\n\u003e\u003e \n\u003e\u003e \n\u003e\u003e I propose that for people unable to understand what a bitcoin is, they can\n\u003e\u003e just use satoshi's and drop this entire proposal.\n\u003e\u003e \n\u003e\u003e Rob\n\u003e\u003e \n\u003e\u003e \n\u003e\u003e ------------------------------------------------------------------------------\n\u003e\u003e Learn Graph Databases - Download FREE O'Reilly Book\n\u003e\u003e \"Graph Databases\" is the definitive new guide to graph databases and their\n\u003e\u003e applications. Written by three acclaimed leaders in the field,\n\u003e\u003e this first edition is now available. Download your free book today!\n\u003e\u003e http://p.sf.net/sfu/NeoTech\n\u003e\u003e _______________________________________________\n\u003e\u003e Bitcoin-development mailing list\n\u003e\u003e Bitcoin-development at lists.sourceforge.net\n\u003e\u003e https://lists.sourceforge.net/lists/listinfo/bitcoin-development\n\u003e\u003e \n\u003e\u003e \n\u003e\u003e \n\u003e\u003e ------------------------------------------------------------------------------\n\u003e\u003e Learn Graph Databases - Download FREE O'Reilly Book\n\u003e\u003e \"Graph Databases\" is the definitive new guide to graph databases and their\n\u003e\u003e applications. Written by three acclaimed leaders in the field,\n\u003e\u003e this first edition is now available. Download your free book today!\n\u003e\u003e http://p.sf.net/sfu/NeoTech\n\u003e\u003e _______________________________________________\n\u003e\u003e Bitcoin-development mailing list\n\u003e\u003e Bitcoin-development at lists.sourceforge.net\n\u003e\u003e https://lists.sourceforge.net/lists/listinfo/bitcoin-development\n\u003e\u003e \n\u003e \n\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140420/33517770/attachment.html\u003e\n-------------- next part --------------\nA non-text attachment was scrubbed...\nName: signature.asc\nType: application/pgp-signature\nSize: 495 bytes\nDesc: Message signed with OpenPGP using GPGMail\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140420/33517770/attachment.sig\u003e",
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