The Bitcoin community is reviewing a proposal to eliminate decimals and redefine the top asset’s unit of measurement.

This initiative seeks to enhance user experience and simplify understanding, but it has sparked debate among enthusiasts.

Debate Heats Over ‘1 Bitcoin = 1 Satoshi’ Proposal

Bitcoin advocate John Carvalho introduced a Bitcoin Improvement Proposal (BIP) to change how cryptocurrency is measured. His idea replaces the smallest indivisible unit, the Satoshi, with the term Bitcoin.

“This BIP proposes redefining the commonly recognized ‘bitcoin’ unit so that what was previously known as the smallest indivisible unit becomes the primary reference unit. Under this proposal, one bitcoin is defined as that smallest unit, eliminating the need for decimal places,” Carvalho wrote.

Under this plan, one Bitcoin would represent what is currently known as one Satoshi. This redefinition would turn 0.00010000 BTC into 10,000 Bitcoins.

Carvalho explained that this change aligns Bitcoin’s unit of measurement with its underlying protocol, making the system easier to grasp. Moreover, he noted that reducing the reliance on decimals would lower the cognitive effort needed to understand Bitcoin. This clarity, he argued, would improve both education and user experience.

Historically, users define one Bitcoin as 100 million base units. Carvalho’s proposal redefines this concept by making the smallest unit the primary reference. Under the proposed system, 1 BTC becomes 100 million Bitcoins. He emphasizes that this shift simpl

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Author: Oluwapelumi Adejumo