RATE Group | Bitcoin’s Smallest Unit ‘Satoshi’ Added to Oxford English Dictionary
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Bitcoin’s Smallest Unit ‘Satoshi’ Added to Oxford English Dictionary

Bitcoin’s Smallest Unit ‘Satoshi’ Added to Oxford English Dictionary

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Bitcoin's Smallest Unit 'Satoshi' Added to Oxford English Dictionary

Oxford University Press published its recent quarterly report which revealed the term ‘satoshi’ was added to the Oxford English Dictionary (OED) database. The word represents the “smallest monetary unit in the Bitcoin digital payment system,” according to the definition.

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Satoshi, the Smallest Unit in Bitcoin, Added to the Oxford Dictionary

Digital currencies continue to gain mainstream acceptance and the ecosystem’s associated words and terminology have been incorporated into our everyday lives. Oxford University Press recently published its October 2019 update which added a string of new words to the OED database. Words like “Chillax,” “Whatevs,” “Manhattanhenge,” and “Ambarvalia” made it into the OED’s library of terms. Cryptocurrency supporters have noticed the word “satoshi” has been added to the Oxford dictionary as well. The OED database defines the…

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