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    Home»Web3»The ‘SAT’ vs. BITS ‘BITS’ ruled amid the proposal to replace the bitcoin base unit
    Web3

    The ‘SAT’ vs. BITS ‘BITS’ ruled amid the proposal to replace the bitcoin base unit

    PineapplesUpdateBy PineapplesUpdateMay 19, 2025No Comments3 Mins Read
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    The ‘SAT’ vs. BITS ‘BITS’ ruled amid the proposal to replace the bitcoin base unit
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    A recent proposal aimed at changing the base unit of bitcoin, it becomes easy to understand because the payment tool has gone in opposition, stating that the satosis of bitcoin is not more misleading than the dollars.

    Bitcoin developer John Karwalho introduced Bitcoin Reform Proposal -177 on 23 April, which Wants To eliminate the concept of Satoshi, 1 of which are 100,000,000 in bitcoin (BTC), and effectively divide a fixed supply of 21 million of bitcoin into 21 quadrilian units.

    It follows a 2017 Proposal To make “Bits” from Bitcoin developer Jimmy Song, 1 represents a million of bitcoin. However, Karwalho stated that the view of the song would still need bitcoin users to think about the decimal and “to move the complexity rather than eliminate it”.

    Block Inc. CEO Jack is one of the invitations for diversity, Saying In the May 18 X post that Satoshi, or set, are very confused for new people.

    “Bitcoin’s bits are better, and just bitcoin is best,” Daisi said.

    Daisi discussed the discussion of December 2024, where Stevy Lee, Bitcoin Infrastructure firm Spiral Product lead, Argued It does not know or care about what Satoshi is.

    “Everyone knows bitcoin, no one knows the set, people just want to send and get bitcoin,” Lee said, remembering the previous conversations where people thought that Satoshi was a completely new token, unrelated to bitcoin.

    He said that the bitcoin community should not be very worried about the change, as they know that the underlying economics of bitcoin will continue.

    Connected: Doj charge 12 and gamer $ 263m bitcoin robbers

    Swan Bitcoin CEO Corey Clipson and Byte Federal Director of Product Michelle Weekly were among those who opposed the change.

    “People understand Saint in a dollar, they will understand set in bitcoin,” Weekly Said On X.

    Magdelena Gronovska, a self-ensured bitcoin advisor claimed that Change Some people feel that bitcoin suddenly crashed with its current price of $ 100,000 and its “supply has been inflated extensively.”

    The ‘SAT’ vs. BITS ‘BITS’ ruled amid the proposal to replace the bitcoin base unit
    Zaprigue Business Development Lead Parker Lewis argued that the set was easy to understand. Source: Parker Lewis

    Bitcoin manufacturer was open for idea

    Robin Linus, Bitcoin Virtual Machine (BITVM) manufacturer, Thrown light on Even the pseudo -name of bitcoin, Satoshi Nakamoto, was open to change how the units of bitcoin are displayed for the purpose of the purpose.

    “If it is working with a small number, we can change, where the performance shows the decimal point,” Satoshi said in a February 2010 post before disappearing next year.

    “The same amount, just separate conferences,” said Satoshi.

    In February 2010, comment from Satoshi Nakamoto about changing the unit base of bitcoin. Source: Bitcointock

    Bitcoin Network has not implemented any improvement proposal since the Taporot upgrade in November 2021, which aims to improve bitcoin speed, efficiency and privacy.

    magazine: Danger signs for bitcoin leaves it in the form of retail: Akash Moot