‘One Bitcoin = one Satoshi’ proposal looks to ditch the crypto’s decimal points – DL News

  • A proposal wants to remove the decimal places from Bitcoin.
  • Critics warn a unit change may confuse users and increase errors.

Bitcoin advocate John Carvalho introduced a new Bitcoin Improvement Proposal that seeks to redefine the cryptocurrency’s unit of measurement.

The proposal suggests replacing the current structure — where one Bitcoin equals 100 million satoshis — with a system that makes the smallest indivisible unit, the satoshi.

Under Carvalho’s proposal, “one Bitcoin” would now mean what is currently understood as one satoshi — one one-hundred-millionth of a Bitcoin.

This change would eliminate the need for decimal places, presenting Bitcoin values in whole integers.

For example, what is now shown as 0.00010000 BTC…

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