neo
June 2, 2019, 10:52am
2
Here are the relevant posts from the main RFC topic and ones that I considered best representative of the subject at hand. You can add more to the discussions by replying
I am not understanding why starting with micro is considered simpler, quicker or easier for test-safecoin? Short term programming effort wise it is the same effort to go nano (Longer term nano from day one clearly wins on programming effort). Testing wise you actually want to test the limits - not delay them to roll out on a live network where there is a lot more at stake and you have to deal with “consensus”. If anything you would want to use nano safecoin for testing and maybe downgrade to micro. Also something I used to harp on about back in 2015 when I had more time for these divisibility discussions - What about IoT use cases which are raring to go from day one of launch which require nano safecoin!?
Thinking in a similar way, vaults and sections and traders and end-users will be unlikely to be dealing with the total nanosafecoin amount, only with smaller amounts that would fit within the safe range of a double precision float. So I think in probably 99.9%+ of cases using nanosafecoin won’t result in issues.
then, there are some interesting ways how to get practically infinite divisibility by building apps above SAFE Network.
I’d prefer IoT to not require its own tokens since that introduces another element of uncertainty in what value the IoT can place on the payment used.
u128 certainly provides practically unlimited division for safecoin with 28 decimal places.
it is believed that between 120 to 300 sextillion (that’s 1.2 x 10²³ to 3.0 x 10²³) stars exist within our observable universe. How Many Atoms Are There in the Universe? - Universe Today
I’d say that is for all practical payment purposed unlimited division.
EDIT: and I agree there is no need for the notion of the previous implementation. Maybe we could go to the max of u64 and have 18,446,744,073,709,551,616 nanos == just over 18,446,744,073 coins and then issue 4,294,967,296 nanos (approx 4.3 coins) per MAID. No inflation and no loss for anyone. But increases total supply for the future and allows @anon86652309 to realise full use of all bits. Only downside is people’s perception of imaginary inflation.
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