Bitcoin advocate John Carvalho has introduced a groundbreaking Bitcoin Improvement Proposal (BIP) aimed at transforming how Bitcoin is measured and represented. His proposal suggests making the satoshi—the smallest unit of Bitcoin—the new base unit, replacing the current system where one Bitcoin ($BTC) equals 100 million satoshis (sats). Under this proposal, the term "one Bitcoin" would no longer refer to the larger unit we know today, but instead represent the smallest indivisible Bitcoin unit, currently called a satoshi. The goal is to eliminate the need for decimal points in Bitcoin transactions, making values more straightforward and accessible. For example, a transaction currently displayed as 0.00010000 $BTC would be shown as 10,000 $BTC in the new system. Carvalho argues that this shift would reduce confusion, align Bitcoin's representation with its technical framework, and improve usability for new users. He believes the decimal point is an unnecessary abstraction and that the proposed structure is already compatible with Bitcoin’s protocol. This is not the first attempt to address Bitcoin’s unit structure; in 2017, developer Jimmy Song proposed BIP 176, which suggested using "bits" as a standard unit for smaller transactions. However, that idea did not gain widespread adoption. Critics of Carvalho's proposal caution that such a change could disrupt existing systems, such as wallets and exchanges, and create challenges during the transition. Additionally, users accustomed to the current system might experience confusion, raising the risk of errors in transactions.

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