Post
Topic
Board Development & Technical Discussion
Re: Would it be possible to reestablish the decimal value of a bitcoin?
by
_tenletters
on 21/04/2014, 17:50:16 UTC
A Proposal for the Mitigation of Bitcoin's Linguistic Transaction Costs

I now think a better option would be for the re-valued bitcoin to be 100 satoshis instead of one:

A full Nakamoto of bitcoins= a million bitcoins, 10^8 satoshis. (previously called a bitcoin before massive success forced a relabeling)

One bitoin = 100 satoshis.

One satoshi = 1/100 of a bitcoin, AKA a "bitcent", the smallest divisible unit in the current version of the Bitcoin protocol.