Oddbean new post about login | logout PSA: you should never write the word “millisatoshis”. 12msats is 0.012 satoshis
It might become irrelevant in a few years. But I like it.
If anything won’t it become even more relevant as the fiat price of BTC goes up? Transactions will tend to require fewer and fewer sats
You said it. “Sats” that’s enough
Ooooo you’re saying millisats will become irrelevant? I was thinking it might become relevant in the future when a sat is worth more than it is today.
TIL: 🍻🧡👊🏻🥩 https://m.primal.net/LSVy.png
yeah, it's a unit in the protocol, and yes it can't be settled on chain currently but it's such a small extra thing (literally 10 more bits) that inevitably the denomination will be upgraded... when 1sat=$1 for sure... maybe in 8-12 years time it will become a pressing need
Is there a technological reason to not do so? Or a coding best practice?
Of course, CLN allows this "0.012sat" everywhere msat amounts are valid! You do you, y'know!
