Open 314159265359879 opened 1 year ago
(without having digging into what others are exactly, so pls take my comment with a grain of salt)
Yes it should be changed, but not for this reason.
https://twitter.com/0xbabo/status/1623004605713096705
I still don't like "sBTC" as the name for Stacks' native BTC. It's inconsistent with established branding around the letter 'X' (STX, PoX, ALEX, xBTC, xUSD). And it's just begging to be nicknamed "shitcoin-BTC" by BTC purists.
I always liked the ticker "xBTC" but never liked the instrument and I don't think anyone will want to use it after sBTC. So there's no reason not to co-opt the ticker other than to avoid collisions. Existing asset tickers xBTC and xUSD would need to be rebranded to avoid confusion but I don't think this would be particularly difficult considering the limited reach of these assets (basically contained entirely within the ALEX and Arkadiko ecosystems).
Anyone that feels strongly about this/naming in general should get involved in the brand WG: https://github.com/stacks-network/stacks/discussions/483
There are at least four other tokens with the same ticker. Should a different ticker be used?