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Sunday, 23 June 2019

Displaying Bitcoin (BCH) values: 0.002 300 08 BCH | 2300 bits and 8 satoshis

Someone posted a while back about a nice way to display BCH values using spacing to clearly delimit full BCH coins, bits and satoshis. See the example value in the title.

So instead of 0.00230008, you write 0.002 300 08

As a reminder for folks newish to Bitcoin:

  • There are 1 million (1,000,000) bits in a bitcoin.
  • There are 1 hundred (100) satoshis in a bit.
  • The above implies their are 1 hundred million (100,000,000) satoshis in a bitcoin.

I'm just making this post to restate the spacing idea. I think it's an extremely elegant & ergonomic way to display values. I can instantly, with my squishy eyes and equally squishy brain get a knowing of the price in BCH and in bits and a general feel of the value of the thing being sold. No mental calculations required and no tracing my finger across a screen to visualize a movement of the dot.

The only downsides I see are that:

  • copying the values into numerical software (calculators etc) will likely require stripping the spaces for the software to work
  • double clicking the value will not auto-select all the digits (though this often wont work anyway, even without the spaces, because auto-selection often stops at a peroid)
  • it's not a standard way to display currency values, so some accountants might wearily, pout at it. (poor bunnies!)

At the very least I'd like to see this display method as a configurable option in software (e.g. wallets).

submitted by /u/hapticpilot
[link] [comments]

from Bitcoin - The Internet of Money http://bit.ly/2Yd6dvC

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