Bitcoin Improvement Proposal 177 aims to reverse Bitcoin’s unit hierarchy by defining 1 satoshi as 1 bitcoin, effectively rebranding 1 BTC as 100 million bitcoins or “bits”.
Claim
Quotes that support claims
Instead, one BTC will be equal to 100,000,000 Bitcoins for clarity, usability and scaling purposes.
Carvalho’s plan would reverse that perspective by redefining the smallest unit, 1 satoshi, as '1 bitcoin,' making what is now known as 1 BTC equal to 100 million bitcoins (or bits).
Referenced by
Technical background and design rationale
Crypto news
Data block