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...)

  • 1
    That makes sense. We have millibits (10e-3), but no name yet for the thing where 1 millibit = 10 something else. Dec 14 '12 at 21:46
  • 1
    I fixed the notation in the question. It's either 10^(-8) or 1e-8, not 10e-8. 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

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.

  • Well, until someone comes up with a nicer name, I guess we'll have to make it do with this one...
    – o0'.
    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

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.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.