floating point representation
Posit: A Potential Replacement for IEEE 754

Motivation Number systems and computer arithmetics are essential for designing efficient hardware and software architecture. In particular, real-valued computation constitutes a crucial component i…

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@nathanstocks AFAIK nobody (or almost nobody) uses posits, I only write about things that are very commonly used :)
@b0rk Well, dang. Posits are super awesome, and we're only not using them due to inertia. 😢
@nathanstocks @b0rk that is a pretty strong exaggeration. We don’t use posits partially because of inertia, but also because they aren’t really any better than IEEE floats, and they’re also worse in some important ways.
@steve @b0rk Oh! I didn't know that. I should read up some more, then. All that I've read to date was glowing recommendations for it.

@nathanstocks @steve @b0rk also worth noting that over the last 8 years there have been 3 different versions:

https://en.wikipedia.org/wiki/Unum_(number_format)

so if you had moved to type II posits (say) you'd have to migrate again. i would stay away unless you're interesting in doing your own evaluation and implementation.

Unum (number format) - Wikipedia