Received: from sog-mx-1.v43.ch3.sourceforge.com ([172.29.43.191] helo=mx.sourceforge.net) by sfs-ml-2.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1WbtJW-0000xU-G5 for bitcoin-development@lists.sourceforge.net; Sun, 20 Apr 2014 15:05:50 +0000 X-ACL-Warn: Received: from wp059.webpack.hosteurope.de ([80.237.132.66]) by sog-mx-1.v43.ch3.sourceforge.com with esmtps (TLSv1:AES256-SHA:256) (Exim 4.76) id 1WbtJT-00075H-1i for bitcoin-development@lists.sourceforge.net; Sun, 20 Apr 2014 15:05:50 +0000 Received: from [37.143.74.116] (helo=[192.168.0.106]); authenticated by wp059.webpack.hosteurope.de running ExIM with esmtpsa (TLS1.0:RSA_AES_128_CBC_SHA1:16) id 1WbtJM-0002ME-Ou; Sun, 20 Apr 2014 17:05:40 +0200 Content-Type: multipart/signed; boundary="Apple-Mail=_8585CE8D-E851-4E39-A864-006306A1717F"; protocol="application/pgp-signature"; micalg=pgp-sha1 Mime-Version: 1.0 (Mac OS X Mail 7.2 \(1874\)) From: Tamas Blummer In-Reply-To: Date: Sun, 20 Apr 2014 17:05:47 +0200 Message-Id: References: <3A69904F-0A3D-42E9-9DE7-067874E710BB@bitsofproof.com> To: Pieter Wuille X-Mailer: Apple Mail (2.1874) X-bounce-key: webpack.hosteurope.de; tamas@bitsofproof.com; 1398006347; 420cd9be; X-Spam-Score: 1.0 (+) X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. See http://spamassassin.org/tag/ for more details. 1.0 HTML_MESSAGE BODY: HTML included in message X-Headers-End: 1WbtJT-00075H-1i Cc: Bitcoin Dev Subject: Re: [Bitcoin-development] "bits": Unit of account X-BeenThere: bitcoin-development@lists.sourceforge.net X-Mailman-Version: 2.1.9 Precedence: list List-Id: List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Sun, 20 Apr 2014 15:05:50 -0000 --Apple-Mail=_8585CE8D-E851-4E39-A864-006306A1717F Content-Type: multipart/alternative; boundary="Apple-Mail=_05FD224F-17E5-4ED3-A2B0-5C1A2156B9EA" --Apple-Mail=_05FD224F-17E5-4ED3-A2B0-5C1A2156B9EA Content-Transfer-Encoding: quoted-printable Content-Type: text/plain; charset=iso-8859-1 Here is an earlier reference to bits: = https://www.mail-archive.com/bitcoin-development%40lists.sourceforge.net/m= sg04248.html I forgot that Alan Reiner was also supporting a unit equals to bits : = https://www.mail-archive.com/bitcoin-development%40lists.sourceforge.net/m= sg04264.html and here the earlier going back to March 2013 and a poll at that time = pushing for XBT being 1 bit = https://www.mail-archive.com/bitcoin-development%40lists.sourceforge.net/m= sg04256.html Regards, Tamas Blummer http://bitsofproof.com On 20.04.2014, at 16:53, Pieter Wuille wrote: > I told him specifically to bring it here (on a pull request for > Bitcoin Core), as there is no point in making such convention changes > to just one client. >=20 > I wasn't aware of any discussion about the "bits" proposal here = before. >=20 > On Sun, Apr 20, 2014 at 4:28 PM, Tamas Blummer = wrote: >> People on this list are mostly engineers who have no problem dealing = with >> magnitudes and have rather limited empathy for people who have a = problem >> with them. >> They also tend to think, that because they invented money 2.0 they = would not >> need to care of finance's or people's current customs. >>=20 >> The importance of their decisions in these questions will fade as = people >> already use wallets other than the core. >>=20 >> Bring this particular discussion elsewhere, to the wallet developer. >>=20 >> BTW the topic was discussed here several times, you have my support = and Jeff >> Garzik's. >>=20 >> Regards, >>=20 >> Tamas Blummer >> http://bitsofproof.com >>=20 >> On 20.04.2014, at 15:15, Rob Golding = wrote: >>=20 >> The average person is not going to be confident that the prefix they >> are using is the correct one, >>=20 >>=20 >> The use of any 'prefix' is one of choice and entirely unnecessary, = and there >> are already established 'divisions' in u/mBTC for those that feel = they need >> to use such things. >>=20 >> people WILL send 1000x more or less than >> intended if we go down this road, >>=20 >>=20 >> Exceptionally unlikely - I deal every day with currencies with 0, 2 = and 3 >> dp's in amount ranging from 'under 1 whole unit' to tens of thousands = - Not >> once in 20 years has anyone ever 'sent' more or less than intended - = oh, >> they've 'intended' to underpay just fine, but never *unintended*. >>=20 >> I propose that users are offered a preference to denominate the >> Bitcoin currency in a unit called a bit. Where one bitcoin (BTC) >> equals one million bits (bits) and one bit equals 100 satoshis. >>=20 >>=20 >> I propose that for people unable to understand what a bitcoin is, = they can >> just use satoshi's and drop this entire proposal. >>=20 >> Rob >>=20 >>=20 >> = --------------------------------------------------------------------------= ---- >> Learn Graph Databases - Download FREE O'Reilly Book >> "Graph Databases" is the definitive new guide to graph databases and = their >> applications. Written by three acclaimed leaders in the field, >> this first edition is now available. Download your free book today! >> http://p.sf.net/sfu/NeoTech >> _______________________________________________ >> Bitcoin-development mailing list >> Bitcoin-development@lists.sourceforge.net >> https://lists.sourceforge.net/lists/listinfo/bitcoin-development >>=20 >>=20 >>=20 >> = --------------------------------------------------------------------------= ---- >> Learn Graph Databases - Download FREE O'Reilly Book >> "Graph Databases" is the definitive new guide to graph databases and = their >> applications. Written by three acclaimed leaders in the field, >> this first edition is now available. Download your free book today! >> http://p.sf.net/sfu/NeoTech >> _______________________________________________ >> Bitcoin-development mailing list >> Bitcoin-development@lists.sourceforge.net >> https://lists.sourceforge.net/lists/listinfo/bitcoin-development >>=20 >=20 --Apple-Mail=_05FD224F-17E5-4ED3-A2B0-5C1A2156B9EA Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset=iso-8859-1
Here is an earlier reference to = bits:


I forgot that Alan Reiner was also = supporting a unit equals to bits :
and here the earlier going back to March = 2013 and a poll at that time pushing for XBT being 1 bit


Regards,

Tamas = Blummer
http://bitsofproof.com

On 20.04.2014, at 16:53, Pieter Wuille <pieter.wuille@gmail.com> = wrote:

I told him specifically to bring it here (on a pull = request for
Bitcoin Core), as there is no point in making such = convention changes
to just one client.

I wasn't aware of any = discussion about the "bits" proposal here before.

On Sun, Apr 20, = 2014 at 4:28 PM, Tamas Blummer <tamas@bitsofproof.com> = wrote:
People on this list are mostly = engineers who have no problem dealing with
magnitudes and have rather = limited empathy for people who have a problem
with them.
They also = tend to think, that because they invented money 2.0 they would = not
need to care of finance's or people's current customs.

The = importance of their decisions in these questions will fade as = people
already use wallets other than the core.

Bring this = particular discussion elsewhere, to the wallet developer.

BTW the = topic was discussed here several times, you have my support and = Jeff
Garzik's.

Regards,

Tamas Blummer
http://bitsofproof.com

On = 20.04.2014, at 15:15, Rob Golding <rob.golding@astutium.com> = wrote:

The average person is not going to be confident that the = prefix they
are using is the correct one,


The use of any = 'prefix' is one of choice and entirely unnecessary, and there
are = already established 'divisions' in u/mBTC for those that feel they = need
to use such things.

people WILL send 1000x more or less = than
intended if we go down this road,


Exceptionally = unlikely - I deal every day with currencies with 0, 2 and 3
dp's in = amount ranging from 'under 1 whole unit' to tens of thousands - = Not
once in 20 years has anyone ever 'sent' more or less than = intended - oh,
they've 'intended' to underpay just fine, but never = *unintended*.

I propose that users are offered a preference to = denominate the
Bitcoin currency in a unit called a bit. Where one = bitcoin (BTC)
equals one million bits (bits) and one bit equals 100 = satoshis.


I propose that for people unable to understand what = a bitcoin is, they can
just use satoshi's and drop this entire = proposal.

Rob


------------------------------------------= ------------------------------------
Learn Graph Databases - Download = FREE O'Reilly Book
"Graph Databases" is the definitive new guide to = graph databases and their
applications. Written by three acclaimed = leaders in the field,
this first edition is now available. Download = your free book = today!
http://p.sf.net/sfu/NeoTech
_________________________________= ______________
Bitcoin-development mailing = list
Bitcoin-development@lists.sourceforge.net
https://lists.sourcef= orge.net/lists/listinfo/bitcoin-development



---------------= ---------------------------------------------------------------
Learn = Graph Databases - Download FREE O'Reilly Book
"Graph Databases" is = the definitive new guide to graph databases and their
applications. = Written by three acclaimed leaders in the field,
this first edition = is now available. Download your free book = today!
http://p.sf.net/sfu/NeoTech
_________________________________= ______________
Bitcoin-development mailing = list
Bitcoin-development@lists.sourceforge.net
https://lists.sourcef= orge.net/lists/listinfo/bitcoin-development



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