Re: [Bitcoin-development] moving the default display to mbtc

[Drak <drak@zikula.org>]

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On 14 November 2013 23:01, Luke-Jr <luke@dashjr.org> wrote:

> I wonder if it might make sense to bundle some other terminology fixups at
> the
> same time.
>

A very good idea.


> Right now, Bitcoin-Qt has been using the term "confirmations" (plural) to
> refer to how many blocks deep a transaction is buried. We also use the term
> "confirmation" to refer to the point where a transaction is accepted as
> paid.
> IMO, the latter use makes sense, but the former leads to confusion
> especially
> in light of scamcoins which abuse this confusion to claim they have "faster
> confirmations", implying that the actual confirmation occurs faster when it
> really doesn't. "5 blocks deep" may not be more clear to laymen, but at
> least
> it makes it harder for people to confuse with actual confirmation.
>

I think people are more familiar with check clearance - "the payment/check
has cleared".

If "confirmation" and "n confirmations" together are problematic, I'd talk
about "cleared payments" and "n confirmations"

So "a payment clears after one confirmation, but you might want to wait
until the payment has been confirmed n times".
Then at least you are not using the same word for two different meanings
and you're using stuff more familiar in popular lexicon.
I dont think it's helpful for users if we use the word "blocks".

Without the technical details, I just explain to normal bitcoin users that
the Bitcoin network checks and confirms the payment is valid (multiple
times).

I think we all know the problems with the term "address". People naturally
> compare it to postal addresses, email addresses, etc, which operate
> fundamentally different. I suggest that we switch to using "invoice id" to
> refer to what is now known as addresses, as that seems to get the more
> natural
> understanding to people. On the other hand, with the advent of the payment
> protocol, perhaps address/invoice id use will die out soon?
>

I think "key id" is a bit alien at user level - it's not something they are
used to.
For years, people had a problem with  "email address", instead using "email
number" but they got there eventually. Most people nowadays use "email
address"
So "payment address" or "bitcoin address" make better sense here when
qualified as a "<foo> address" and not just an "address"

You could also call it "payment id", but I dont think "invoice id" since
no-one pays to an invoice id that's just a reference for a payment, not the
destination.

People are very familiar with Paypal these days, and are familiar with
"paypal address" or their "paypal id" so again I think valid contenders are
"bitcoin address" or "bitcoin id".

Regards,

Drak

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