172 - Define Bitcoin Subunits as Satoshis
BIP: 172 source Layer: Applications Title: Define Bitcoin Subunits as Satoshis Author: OceanSlim Comments-Summary: No comments yet. Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0172 Status: Draft Type: Informational Created: 2025-05-01 License: BSD-2-Clause Table of ContentsAbstractMotivationSpecificationAccessibility ConsiderationsRationaleAnalogous to Traditional Currency SystemsComparison with Alternative ApproachesBIP-176: Bits DenominationBIP-177: Redefine Bitcoin's Base UnitBackwards CompatibilityCopyrightReference ImplementationExamplesAcknowledgementsReferencesGlossary Abstract This BIP proposes to formally define and standardize Bitcoin's smallest indivisible unit (1/100,000,000 of a bitcoin) as "satoshi" (singular) or "satoshis" (plural), with "sats" as the standard abbreviated form. This standardization aims to improve clarity in communication, user interfaces, documentation, and development across the Bitcoin ecosystem. Motivation As ...