💥Goodbye to the Satoshi? A Revolutionary Proposal #bitcoin
An audacious proposal, backed by Jack Dorsey, suggests removing the "satoshi" as the base unit of Bitcoin. BIP 177 proposes that 1 BTC directly equals 100,000,000 "Bitcoins" (new base units), seeking clarity and better scalability.
Currently, one Bitcoin is divided into 100 million satoshis. This initiative aims to simplify the understanding of the cryptocurrency, presenting its intrinsically whole nature from the outset. Although the symbol ₿ could be used for the new units, the total supply of $BTC would remain intact. The transition could include tools to facilitate adaptation. Will this be the end of the humble satoshi?