Delivery-date: Tue, 29 Apr 2025 07:17:04 -0700
Date: Tue, 29 Apr 2025 05:18:07 -0700 (PDT)
From: "'OceanSlim' via Bitcoin Development Mailing List" <bitcoindev@googlegroups.com>
To: Bitcoin Development Mailing List <bitcoindev@googlegroups.com>
Message-Id: <17076438-87eb-4531-81a1-e1850dffe277n@googlegroups.com>
Subject: [bitcoindev] BIP Proposal: Define Bitcoin Subunits as Satoshis/Sats
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Reply-To: OceanSlim <oceanslim@gmx.com>
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Mailing-list: list bitcoindev@googlegroups.com; contact bitcoindev+owners@googlegroups.com

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To the Bitcoin developer community,

I'm writing to propose a new Bitcoin Improvement Proposal (BIP) aimed at 
formally standardizing terminology for Bitcoin's smallest unit. This is an 
informational BIP that seeks to officially recognize "satoshi" (singular) 
or "satoshis" (plural) as the standard term for 1/100,000,000 of a bitcoin, 
with "sats" as the standard abbreviation.

While this terminology is already widely used throughout the Bitcoin 
ecosystem, no formal standard exists, leading to inconsistent usage across 
applications, documentation, and communications. This BIP seeks to 
formalize what has organically become common practice.

The BIP can already be viewed here:
https://github.com/bitcoin/bips/pull/1841 
<https://deref-gmx.com/mail/client/rgLlibWjbIA/dereferrer/?redirectUrl=https%3A%2F%2Fgithub.com%2Fbitcoin%2Fbips%2Fpull%2F1841>

I'd like to note that this proposal differs from BIP-176 (Bits 
Denomination) and the recent BIP-177 proposal (Redefine Bitcoin's Base 
Unit). While those proposals suggest changing or adding denomination 
schemes, this BIP simply formalizes existing widely-used terminology 
without changing the underlying unit structure.

I look forward to your feedback and suggestions.

Thank you,

OceanSlim
npub1zmc6qyqdfnllhnzzxr5wpepfpnzcf8q6m3jdveflmgruqvd3qa9sjv7f60

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<p style=3D"color: rgb(0, 0, 0); font-family: Verdana; font-size: 12px;">To=
 the Bitcoin developer community,</p><p style=3D"color: rgb(0, 0, 0); font-=
family: Verdana; font-size: 12px;">I'm writing to propose a new Bitcoin Imp=
rovement Proposal (BIP) aimed at formally standardizing terminology for Bit=
coin's smallest unit. This is an informational BIP that seeks to officially=
 recognize "satoshi" (singular) or "satoshis" (plural) as the standard term=
 for 1/100,000,000 of a bitcoin, with "sats" as the standard abbreviation.<=
/p><p style=3D"color: rgb(0, 0, 0); font-family: Verdana; font-size: 12px;"=
>While this terminology is already widely used throughout the Bitcoin ecosy=
stem, no formal standard exists, leading to inconsistent usage across appli=
cations, documentation, and communications. This BIP seeks to formalize wha=
t has organically become common practice.<br /><br />The BIP can already be=
 viewed here:<br /><a href=3D"https://deref-gmx.com/mail/client/rgLlibWjbIA=
/dereferrer/?redirectUrl=3Dhttps%3A%2F%2Fgithub.com%2Fbitcoin%2Fbips%2Fpull=
%2F1841" target=3D"_blank">https://github.com/bitcoin/bips/pull/1841</a></p=
><p style=3D"color: rgb(0, 0, 0); font-family: Verdana; font-size: 12px;">I=
'd like to note that this proposal differs from BIP-176 (Bits Denomination)=
 and the recent BIP-177 proposal (Redefine Bitcoin's Base Unit). While thos=
e proposals suggest changing or adding denomination schemes, this BIP simpl=
y formalizes existing widely-used terminology without changing the underlyi=
ng unit structure.</p><p style=3D"color: rgb(0, 0, 0); font-family: Verdana=
; font-size: 12px;">I look forward to your feedback and suggestions.</p><p =
style=3D"color: rgb(0, 0, 0); font-family: Verdana; font-size: 12px;">Thank=
 you,<br /><br />OceanSlim<br />npub1zmc6qyqdfnllhnzzxr5wpepfpnzcf8q6m3jdve=
flmgruqvd3qa9sjv7f60</p>

<p></p>

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