<div><div><p>Source: Lightning Network</p><p>Imagine if one day, your 0.001 bitcoin becomes 100,000 bitcoins, how would you feel? This is exactly the change that the BIP-177 proposal hopes to achieve. This proposal, initiated by Synonym CEO John Carvalho, is quietly becoming one of the most controversial topics in the Bitcoin community. </p><h2>The core content of the BIP-177 proposal</h2><p>1. Redefine the smallest unit of Bitcoin &#34;satoshi&#34; as &#34;bitcoin&#34;</p><p>Current relationship: 1 BTC = 100,000,000 satoshis</p><p>Relationship after the proposal: 1 BTC = 100,000,000 bitcoins</p><p>2. Use integers instead of decimals</p><p>Example: 0.0001 BTC → 10,000 bitcoins</p><p><img alt="sQYe5a4B113H0ToJZrznToSOv4LAPVfXGJZEPswq.jpeg" src="https://imageproxy.pbkrs.com/https://img.jinse.cn/7370371_image3.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" title="7370371" width="600" height="132" original-src="https://imageproxy.pbkrs.com/https://img.jinse.cn/7370371_image3.png"/></p><p>This proposal only proposes to change the way Bitcoin is displayed, and does not change Bitcoin's underlying technology, consensus rules or total supply, and does not require BTC code changes. </p><h2>A revolution that started with a name</h2><p>When Jack Dorsey, the founder of social platform X, posted a short &#34;BIP-177&#34; tweet on May 18, the discussion quickly heated up, sparking a heated debate among community members. </p><p><img alt="SQnOZyzGz0az14M57a6IyB9p0ZU04qI57lRzrNYT.jpeg" src="https://imageproxy.pbkrs.com/https://img.jinse.cn/7370372_image3.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" title="7370372" width="600" height="230" original-src="https://imageproxy.pbkrs.com/https://img.jinse.cn/7370372_image3.png"/></p><h2>Why is it necessary to change now? </h2><p>As the price of Bitcoin soars, the dilemma of real-world use becomes more obvious:</p><p>&#34;Good morning, your coffee is 0.00001830 BTC.&#34;</p><p>Such an expression is not only unintuitive, but also error-prone. What's more, psychologists point out that people are naturally more likely to understand and process integers than decimals. When new users see a price tag of more than $100,000 for Bitcoin, their first reaction is often &#34;This is too expensive for me&#34; rather than &#34;I can buy some Bitcoin.&#34;</p><p>The core idea of ​​BIP-177 is to remove this cognitive barrier. According to the proposal, today's situation will become:</p><p>&#34;Good morning, your coffee is 1,830 bitcoins.&#34;</p><p>Does it sound more reasonable or weird?</p><h2>Deeper motivation: Paving the way for mainstream adoption</h2><p>Under the surface changes, BIP-177 reflects a deeper community shift - Bitcoin is transforming from an asset for early technology enthusiasts and investors to a practical currency in daily life. </p><p></p><section>The motivation section of the BIP-177 proposal clearly states: &#34;Current practice defines 1 Bitcoin as 100,000,000 base units. This representation requires handling 8 simulated decimal places, which may cause confusion and promote the misunderstanding that Bitcoin is essentially based on the decimal system. In fact, the Bitcoin ledger represents value as integer base units. The decimal point is just an artificially imposed abstract concept.&#34;</section><p></p><p>In fact, this shift has already appeared in the most cutting-edge Bitcoin application ecosystem. For example, in El Salvador, locals have become accustomed to using tiny satoshi units for daily payments; and the number of users of the Lightning Network Wallet of Satoshi has increased by more than 300% in the past year, mainly for small, instant cross-border payments.</p><h2>Polarized reactions from the community</h2><p>Naturally, such a fundamental change has caused a strong reaction. On Reddit, Twitter and Bitcoin forums, the debate quickly heated up.</p><h3>Supporters' opinions</h3><p>This is a key step for Bitcoin to move towards mainstream adoption. One hot comment reads: &#34;Imagine how fast adoption would be if every American saw on the news that a bitcoin was only $0.001 instead of $100,000.&#34;</p><h3>Opposition</h3><p>This will bring confusion and weaken the cultural foundation of Bitcoin. The comment from user Internet_is_tough received the most approval: &#34;Don't split it, don't change anything. Maybe change the name of satoshi.&#34;</p><p>Another user, GeeEyeDoe, worried: &#34;If people are confused about the supply limit, decimals, and Bitcoin, imagine the confusion when the price of Bitcoin changes from $103K to 0.001 cents/bitcoin. The supply limit changes from 21 million to 2.1 trillion.&#34;</p><h3>Market Experiment: Existing Attempts</h3><p></p><section><span>The BIP-177 proposal document mentions that some wallets such as Bitkit have begun to experimentally adopt integer display. The &#34;Reference Implementation&#34; section of the proposal states: &#34;Some wallets, such as Bitkit, have successfully adopted integer-only display, demonstrating the feasibility of this approach without incident. Transition features (such as displaying the old and new formats side by side) can help smooth the transition.&#34;</span></section><section><span>However, there is currently no large-scale data showing the effectiveness and user acceptance of this representation in actual use.</span></section><p></p><h2>Visual identity beyond numbers: the battle for the satoshi symbol</h2><p>In parallel with the unit debate, there is a heated discussion about the visual identity of satoshi. As second-layer solutions such as the Lightning Network make micropayments feasible, users are increasingly using the satoshi unit directly, which has given rise to the need for a dedicated graphical symbol. </p><p>&#34;Not only the unit, but also the symbol is important,&#34; a popular tweet wrote, &#34;Imagine a world without the $ symbol for the US dollar and the ¥ symbol for the RMB.&#34;</p><p><img alt="d8ec5d6e7d0cf104a5f46fdc6be4b9eb" src="https://imageproxy.pbkrs.com/https://img.jinse.cn/7370366_image3.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" title="7370366" width="600" height="600" original-src="https://imageproxy.pbkrs.com/https://img.jinse.cn/7370366_image3.png"/></p><p>Several popular design schemes include:</p><ol><li><p>Lightning sat symbol: Combines lightning with lowercase &#34;s&#34; to symbolize speed and small value</p></li><li><p>&#34;丰&#34; glyph design: Simplified from Bitcoin's ₿</p></li><li><p>Geometric fractal: Represents Bitcoin's divisibility</p></li><li><p>Improved ₿ symbol: Minor adjustments to ₿ to maintain visual consistency with Bitcoin</p></li></ol><p>Both the proposal to abandon the satoshi name and the selection of a stronger consensus for this unit are hotly debated in the community, reflecting the community's preparation for a larger mainstream adoption of Bitcoin.</p><h2>Will you support BIP-177?</h2><p>This proposal touches on a key question in Bitcoin's development: Should we stick to tradition and keep the term satoshi, a nod to Satoshi Nakamoto, or should we look to the future and make Bitcoin's expression more in line with the public's cognitive habits? This is not only a technical issue, but also a choice of values ​​and development vision. Do you think integer representation (such as 10,000 bitcoins) is more intuitive than decimal representation (such as 0.0001 BTC)? Will abandoning the term &#34;satoshi&#34; harm the cultural heritage of Bitcoin?</p></div></div>

GBTC

<p>The BIP-177 proposal, initiated by Synonym CEO John Carvalho, aims to redefine the smallest unit of Bitcoin, "satoshi," to be equivalent to "bitcoin," changing the display from decimals to integers. This change seeks to facilitate Bitcoin's mainstream adoption by making transactions more intuitive. While supporters argue it will enhance understanding and usage, critics warn it could confuse users and undermine Bitcoin's cultural foundation. The proposal has sparked polarized reactions within the community, with some wallets already experimenting with integer-only displays.</p>

Bitcoin BIP-177: 1 sat = 1 Bitcoin currency mainstreaming game