Post
Topic
Board Bitcoin Discussion
Re: A proposed naming standard for a satoshi based economy
by
jakagintiri
on 02/03/2018, 11:25:40 UTC
So, obviously these terms are going to come in to play in coming years. And I think there should be some sort of standard for what we call our money in a satoshi based economy, and I'm not a fan of how ethereum has done it. So my proposal is quite simple, just draw from the metric system. The base being of course: 1 satoshi.

0.00000001 = satoshi
0.00000010 = dekatoshi / dekasat
0.00000100 = hectoshi / hesat
0.00001000 = kiltoshi / kilosat
0.01000000 = megatoshi / megasat

Just an idea. Let me know what you guys think.
Good idea that you send can be a market language / transaction that may be easier for some people but a little difficult if I think, some say easier with 100k satoshi for example because it has been applied from the first. Without being told anyone can figure it out easily.