To the Bitcoin developer community,

I'm writing to propose a new Bitcoin Improvement Proposal (BIP) aimed at formally standardizing terminology for Bitcoin's smallest unit. This is an informational BIP that seeks to officially recognize "satoshi" (singular) or "satoshis" (plural) as the standard term for 1/100,000,000 of a bitcoin, with "sats" as the standard abbreviation.

While this terminology is already widely used throughout the Bitcoin ecosystem, no formal standard exists, leading to inconsistent usage across applications, documentation, and communications. This BIP seeks to formalize what has organically become common practice.

The BIP can already be viewed here:
https://github.com/bitcoin/bips/pull/1841

I'd like to note that this proposal differs from BIP-176 (Bits Denomination) and the recent BIP-177 proposal (Redefine Bitcoin's Base Unit). While those proposals suggest changing or adding denomination schemes, this BIP simply formalizes existing widely-used terminology without changing the underlying unit structure.

I look forward to your feedback and suggestions.

Thank you,

OceanSlim
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