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VIP Wealth Hub
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Quant Fund
Top asset management team helps you profit without hassle
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The BIP-177 proposal suggests redefining the basic unit of Bitcoin, and Jack Dorsey expressed his support.
Gate News bot message, the Bitcoin community recently proposed BIP-177, which suggests redefining the basic unit of Bitcoin to be 1 Bitcoin, no longer using “satoshi” or “sat” as the name for the basic unit. According to the proposal, the currency code BTC remains unchanged, with 1 BTC equal to 100,000,000 basic units, which is 100,000,000 Bitcoin. The proposal indicates that this move helps reduce confusion and better understand the fundamental design of Bitcoin. Former Twitter CEO Jack Dorsey expressed his support for the proposal by tweeting “BIP-177”.
Source: Wu Shuo
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