Post
Topic
Board Bitcoin Discussion
Re: 1,000,000 bits = 1 bitcoin. Future-proofing Bitcoin for common usage? VOTE
by
franky1
on 03/05/2014, 21:44:51 UTC
do we go with 1bit or give it another name.. i think 1zib is weird and wrong as it has no relevance and looks alien in regards to crypto.

'zib' seems a bit weird because it's new; any made-up word faces that at first.

But made-up words also come with no meaning-collisions – they can mean precisely what is chosen – and become familiar after a few exposures.

'bit' is always going to create comprehension/abbreviation/search problems, as people try to move between the different senses. (And since the bit-as-binary-digit is the core of the Bitcoin system – the binary math that gives the currency its scarcity and security – everyone who ever tries to become a Bitcoin expert will face these clashing terms.)

satoshi is a meaning collision and for a good reason. to honour the creator. so it is relevant

zib seems to alien or foreign... i prefer:
1gav - to honour Gavin Andressens years of coding bitcoin protocol
1alp - to honour the first LEGITIMATE business using bitcoin (alpaca socks)
1silk - i dont like this, but atleast it has some relevance, as the notorious site silkroad, that gave bitcoin fame ("any publicity is good publicity")