Bitcoin Foundation to Standardise Bitcoin Symbol and Code Next Year
The Bitcoin Foundation's Financial Standards Working Group has shed new light on its priorities for the next six months, announcing it will attempt to standardise bitcoin's code, currency symbol and subunits over that period. The group's formal plan of action follows its first emergence as an unnamed standards committee this June, when a post on the Bitcoin Foundation community forum called for volunteers for the initiative. The Bitcoin Foundation framed the group as one that will seek to smooth bitcoin's path to mainstream adoption by creating commonly accepted symbols for bitcoin as a....
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The Bitcoin Foundation is looking for volunteers for its Standards Committee, which will be tasked with creating and adopting a bitcoin Unicode symbol. This committee will also examine denomination conventions, develop a recommended standard and deal with other, unspecified duties. Unicode symbol for bitcoin. The foundation started discussing the possibility of introducing a Unicode symbol for bitcoin last year. Numerous proposals were floated, ranging from '฿' (Thai Baht symbol) to 'Ƀ' (U+0243). Different variants of existing symbols were also proposed, alongside entirely new designs -....
The effort to get Bitcoin its own Unicode symbol just had a big setback, despite previous promises that it was accepted and many expected it to be included in this year’s upgrades. Why is Unicode’s Inclusion Important? Unicode is the official keeper of symbols for our computers and keyboards, such as $, @, and ~. Each started out as a picture first with....
Over the last few days, cryptocurrency advocates have been discussing the Sat Symbol initiative, a goal that aims to get a specifically designed symbol to represent the smallest unit of bitcoin and also get the symbol widely adopted. The Sat Symbol has been promoted by a number of crypto luminaries but others have offered alternative ideas.
Initiative Attempts to Tie Symbol to Bitcoin’s Smallest Unit
Most people know that Satoshi Nakamoto is the inventor of the Bitcoin protocol, the “purely peer-to-peer version of electronic cash” that was launched on....
An effort to better represent bitcoin as a symbol has been launched. The Unicode Ƀ symbol has been chosen by a website of industry members as a way to better legitimize bitcoin as a symbol both in print and online media. It is already an existing Unicode character under the non-profit corporation Unicode Consortium, which describes it as a "latin capital B with stroke" that has the hex Alt +0243. A number of bitcoin companies already use Ƀ as the symbol to denote bitcoin. They include ZeroBlock, Lamassu and Tip4Commit. The current bitcoin symbol. Bitcoin has long been denoted as B⃦,....
The Bitcoin Foundation's Financial Standards Working Group will focus on applying for ISO 4217 approval for a Bitcoin currency code as well as drawing up recommendations for a Bitcoin currency symbol and Bitcoin subunits. The Financial Standards Working Group is chaired by Beth Moses, an aerospace engineer, formerly with NASA and now with Virgin Galactic. Jon Matonis, Executive Director of the Bitcoin Foundation, said: "Standardization is an important step towards removing obstacles for mainstream adoption - this is especially true with a technology for financial innovation that is global....