Suggestion for a universal bitcoin value scale

Hi bitcoin-dev@lists•linuxfoundation•org Here is my humble attempt to make a contribution to the impressive work that you all are doing. I am unfamiliar with the normal BIP procedures. I have therefore just tried to follow the example of BIP 176 by Jimmy Song, in order make something similar. I suggest a universal bitcoin value color scale, for tackling the same decimal problem, as identified by the BIP 176 proposal. I have attached the document in three different formats (*.rtf, *.pdf and *.docx) as I do not know your preferred format. I hope you will find my suggestion useful.

Thank you and all the best Martin Damgaard

This is not a good solution. In UX colors have expected meaning. Red often means error, yellow cation, green possible, etc...

Text doesn’t have good legibility in colors, monochrome high contrast being the best.

You will also have issues with colorblind people.

Rodolfo

ℝ.

> On Aug 18, 2018, at 16:10, Martin Damgaard via bitcoin-dev <bitcoin-dev@lists•linuxfoundation•org> wrote:
>
> Hi bitcoin-dev@lists•linuxfoundation•org
> Here is my humble attempt to make a contribution to the impressive work that you all are doing.
> I am unfamiliar with the normal BIP procedures. I have therefore just tried to follow the example of BIP 176 by Jimmy Song, in order make something similar. I suggest a universal bitcoin value color scale, for tackling the same decimal problem, as identified by the BIP 176 proposal.
> I have attached the document in three different formats (*.rtf, *.pdf and *.docx) as I do not know your preferred format. I hope you will find my suggestion useful.
>
> Thank you and all the best
> Martin Damgaard
> <Universal bitcoin value color scale.rtf>
> <Universal bitcoin value color scale.pdf>
> <Universal bitcoin value color scale.docx>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists•linuxfoundation•org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev

Hi I have made a GitHub version of the suggestion:

https://github.com/damse0045/Universal-bitcoin-value-color-scale./tree/master

where I have collected the commons made to the first version in a remarks-file. I will try to make a new version incorporation the different commons, and if anyone would like to help they will be more than welcome to join.

All kind of suggestions are more than welcome, and thank you for the good points made so far.

All the best Martin

Fra: Adán Sánchez de Pedro Crespo Sendt: 19. august 2018 11:11 Til: damgaard.martin@gmail•com; bitcoin-dev@lists•linuxfoundation•org Emne: Re: [bitcoin-dev] Suggestion for a universal bitcoin value scale

It would be great if you could submit this as a markdown document published somewhere with version control, such as GitHub. That'd make life easier for anyone willing to contribute to your proposal.

On Sat, 18 Aug 2018 22:26 Martin Damgaard via bitcoin-dev, <bitcoin-dev@lists•linuxfoundation•org> wrote: Hi bitcoin-dev@lists•linuxfoundation•org Here is my humble attempt to make a contribution to the impressive work that you all are doing. I am unfamiliar with the normal BIP procedures. I have therefore just tried to follow the example of BIP 176 by Jimmy Song, in order make something similar. I suggest a universal bitcoin value color scale, for tackling the same decimal problem, as identified by the BIP 176 proposal. I have attached the document in three different formats (*.rtf, *.pdf and *.docx) as I do not know your preferred format. I hope you will find my suggestion useful.

Thank you and all the best Martin Damgaard

I think you have correctly identified dealing with small amounts while working in the "bitcoin" denomination as a major pain point, and I will go as far as agreeing that a standard color coding would help people eyeball what 0.000011 BTC means if they were used to seeing the same color pallet.

However, I don't think it's a good solution. I strongly suspect very few services or wallets are going to be willing to adopt such a thing as it'll make their design look ridiculous and it's cumbersome to type.

Furthermore, my experience in using BIP76 (Bits Denomination) in several services with people of varying levels of familiarity to be entirely positive, and in my strong believe a vastly superior solution that should be advocated and used more.

And BTW i think what would help the readability of the "bitcoin" denomination more than colors if it was standard to always write it to 8 decimal places (e.g. 0.00001100 BTC) which I think is a bit more useful in allowing people to eyeball the size.

-Ryan

‐‐‐‐‐‐‐ Original Message ‐‐‐‐‐‐‐ On August 18, 2018 1:10 PM, Martin Damgaard via bitcoin-dev <bitcoin-dev@lists•linuxfoundation•org> wrote:

> Hi bitcoin-dev@lists•linuxfoundation•org
>
> Here is my humble attempt to make a contribution to the impressive work that you all are doing.
>
> I am unfamiliar with the normal BIP procedures. I have therefore just tried to follow the example of BIP 176 by Jimmy Song, in order make something similar. I suggest a universal bitcoin value color scale, for tackling the same decimal problem, as identified by the BIP 176 proposal.
>
> I have attached the document in three different formats (*.rtf, *.pdf and *.docx) as I do not know your preferred format. I hope you will find my suggestion useful.
>
> Thank you and all the best
>
> Martin Damgaard

A potential problem is that it would be a new attack vector to simply color something to appear as e.g. 10x more than it really is, if everyone started using this system. On Sun, Aug 19, 2018 at 5:27 AM Martin Damgaard via bitcoin-dev <bitcoin-dev@lists•linuxfoundation•org> wrote:

>
> Hi bitcoin-dev@lists•linuxfoundation•org
>
> Here is my humble attempt to make a contribution to the impressive work that you all are doing.
>
> I am unfamiliar with the normal BIP procedures. I have therefore just tried to follow the example of BIP 176 by Jimmy Song, in order make something similar. I suggest a universal bitcoin value color scale, for tackling the same decimal problem, as identified by the BIP 176 proposal.
>
> I have attached the document in three different formats (*.rtf, *.pdf and *.docx) as I do not know your preferred format. I hope you will find my suggestion useful.
>
>
>
> Thank you and all the best
>
> Martin Damgaard
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists•linuxfoundation•org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev

A very good point. I have realized the immature nature of my suggestion due to this and a number of other good remarks, and will like to retract the initial suggestion. Thank you and all the best Martin Damgaard

Fra: Karl-Johan Alm Sendt: 12. september 2018 08:14 Til: damgaard.martin@gmail•com; Bitcoin Protocol Discussion Emne: Re: [bitcoin-dev] Suggestion for a universal bitcoin value scale

A potential problem is that it would be a new attack vector to simply color something to appear as e.g. 10x more than it really is, if everyone started using this system. On Sun, Aug 19, 2018 at 5:27 AM Martin Damgaard via bitcoin-dev <bitcoin-dev@lists•linuxfoundation•org> wrote:

>
> Hi bitcoin-dev@lists•linuxfoundation•org
>
> Here is my humble attempt to make a contribution to the impressive work that you all are doing.
>
> I am unfamiliar with the normal BIP procedures. I have therefore just tried to follow the example of BIP 176 by Jimmy Song, in order make something similar. I suggest a universal bitcoin value color scale, for tackling the same decimal problem, as identified by the BIP 176 proposal.
>
> I have attached the document in three different formats (*.rtf, *.pdf and *.docx) as I do not know your preferred format. I hope you will find my suggestion useful.
>
>
>
> Thank you and all the best
>
> Martin Damgaard
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists•linuxfoundation•org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev

This is the sort of thing I expect to emerge from the places that use Bitcoin "on the street." We should be watching how local wallet software displays bitcoin amounts, letting the standards write themselves over time. The units debate (bits, millibits, etc) has been going on nearly as long as I've known about Bitcoin and yet most tools display standard bitcoin amounts (1 unit = 1e8 satoshi).

-Clark

On Wed, Sep 12, 2018 at 8:41 AM Martin Damgaard via bitcoin-dev < bitcoin-dev@lists•linuxfoundation•org> wrote:

> A very good point. I have realized the immature nature of my suggestion
> due to this and a number of other good remarks, and will like to retract
> the initial suggestion.
>
> Thank you and all the best
>
> Martin Damgaard
>
>
>
> *Fra: *Karl-Johan Alm <karljohan-alm@garage•co•jp>
> *Sendt: *12. september 2018 08:14
> *Til: *damgaard.martin@gmail•com; Bitcoin Protocol Discussion
> <bitcoin-dev@lists•linuxfoundation•org>
> *Emne: *Re: [bitcoin-dev] Suggestion for a universal bitcoin value scale
>
>
>
> A potential problem is that it would be a new attack vector to simply
>
> color something to appear as e.g. 10x more than it really is, if
>
> everyone started using this system.
>
> On Sun, Aug 19, 2018 at 5:27 AM Martin Damgaard via bitcoin-dev
>
> <bitcoin-dev@lists•linuxfoundation•org> wrote:
>
> >
>
> > Hi bitcoin-dev@lists•linuxfoundation•org
>
> >
>
> > Here is my humble attempt to make a contribution to the impressive work
> that you all are doing.
>
> >
>
> > I am unfamiliar with the normal BIP procedures. I have therefore just
> tried to follow the example of BIP 176 by Jimmy Song, in order make
> something similar. I suggest a universal bitcoin value color scale, for
> tackling the same decimal problem, as identified by the BIP 176 proposal.
>
> >
>
> > I have attached the document in three different formats (*.rtf, *.pdf
> and *.docx) as I do not know your preferred format. I hope you will find my
> suggestion useful.
>
> >
>
> >
>
> >
>
> > Thank you and all the best
>
> >
>
> > Martin Damgaard
>
> >
>
> > _______________________________________________
>
> > bitcoin-dev mailing list
>
> > bitcoin-dev@lists•linuxfoundation•org
>
> > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists•linuxfoundation•org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>