🟠 The Bitcoin community is debating BIP-177, a proposal to redefine the base unit to 1 Bitcoin instead of "satoshi" or "sat," while keeping BTC as the currency code. Basically, this proposal wants to redefine the value to 1 BTC = 100,000,000 Bitcoin. Its supporters claim that this proposal improves clarity and aligns better with the original design of Bitcoin. Jack Dorsey expresses his support for this proposal and makes it known by posting a simple "BIP-177" on X.
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