RATE Group | Oxford English Dictionary Adds ‘Satoshi’ — Bitcoin’s Smallest Unit
65435
post-template-default,single,single-post,postid-65435,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Oxford English Dictionary Adds ‘Satoshi’ — Bitcoin’s Smallest Unit

15 Oct Oxford English Dictionary Adds ‘Satoshi’ — Bitcoin’s Smallest Unit

Posted at 10:52h in Bitcoin News by

[ad_1]

The Oxford English Dictionary (OED) announced on Oct. 9 that it added the word “Satoshi,” Bitcoin’s (BTC) smallest unit.

In the update published on the firm’s blog, OED notes that the word is the most recent addition to its dictionary, claiming the word was first used seven years ago. The announcement notes:

“A satoshi is the smallest monetary unit in the Bitcoin cryptocurrency, and is named after Satoshi Nakamoto, the—probably pseudonymous—developer(s) of Bitcoin.”

Crypto jargon in dictionaries

This is the latest addition of a word that is part of the crypto industry jargon to the reputable English-language vocabulary, but not the first. In 2013, OED added “Bitcoin” as a word, defining it as “a digital currency in which transactions can be performed without the need for a central bank.”

Furthermore, in 2014 the Oxford Dictionary Online, the world’s arbiter on what is and isn’t English, accepted cryptocurrency as a word. 

Cryptocurrency is defined as “a…

[ad_2]

Source link

Tags:
, , , , , , ,