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One satoshi is 1e-8 bitcoins. Given that, it appears to me very convenient to have a name for 1e-4 bitcoins, and I'm wondering if someone already proposed or started using a name for that.

(the SI doesn't have a name for that, being m=1e-3 and µ=1e-6...)

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That makes sense. We have millibits (10e-3), but no name yet for the thing where 1 millibit = 10 something else. –  Stephen Gornick Dec 14 '12 at 21:46
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I fixed the notation in the question. It's either 10^(-8) or 1e-8, not 10e-8. –  Meni Rosenfeld Dec 15 '12 at 15:43
    
On a related note, these two are my suggestions; (1) using single currency symbol; subfix / superfix 1, 2, 3 to distinguish among micro / mega units. (2) get two symbols approved; B & b. BTC 0.1=1b100; 0.003=1b3; 0.00004=2b40; 0.000000009=3b9; 1234=1B1.234; 5670000=2B5.67 –  vi.su. Dec 20 '12 at 3:08
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2 Answers 2

up vote 2 down vote accepted

There is a prefix for 10000, myria, though it is not part of the SI standard and has effectively been deprecated. But this means that it is ripe for reuse. So a myriasatoshi (myria or myrisat for short, I guess) would be 10-4 bitcoins.

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Well, until someone comes up with a nicer name, I guess we'll have to make it do with this one... –  Lohoris Dec 19 '12 at 20:16
    
'Myria' is no doubt based on the Greek word 'myriad'. en.m.wikipedia.org/wiki/Myriad so that is actually a pretty good word for 10,000. A myriad of Satoshi could be abbreviated and anglicised to a 'miri' or 'mirisat'. –  jim618 Dec 19 '12 at 20:52
    
So that would be: 1 milli = 10 miri.Hmm they sound a bit too similar when you say them out loud. –  jim618 Dec 19 '12 at 21:01
    
I really like this. –  Colin Dean Dec 21 '12 at 0:12
    
@ColinDean - I like it less than I might given that Japanese does not have distinct r and l consonants. That's also why I didn't drop the trailing a. –  Rex Kerr Dec 21 '12 at 0:42
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Well, a thousand grams is a kilogram. A thousand sats (Satoshis) is a kilosat. So 10,000 sats would be ten kilosats. Maybe that would work.

This assumes when that is needed we are moving away from fractions of a bitcoin and moving towards multiples of Satoshis.

There was also proposal to call it a milray. And a number of votes were cast for calling it a lilbit (as in Littlebit).

When a name is found, the entry for it in the FAQ should get updated.

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