- 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…
