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Oxford adds the word ‘Satoshi’ to its dictionary
18 millionth Bitcoin mined on this Friday
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On Friday (October 18, 2019), 18 millionth Bitcoin was mined. According to Coinmarketcap, 18,000,637 Bitcoins have been mined till now, with only around 3 Mn remaining.
While Twitter was abuzz with hashtag #3MillionLeft, cryptocurrency enthusiasts had one more reason to celebrate. The Oxford English Dictionary has now officially added Satoshi to its dictionary. As used by Bitcoin traders, the Oxford dictionary has defined ‘Satoshi’ as “The smallest monetary unit in the Bitcoin digital payment system, equal to one hundred millionth of a Bitcoin.”
Satoshi Nakamoto (pseudonym) stands for a person or a group of people who invented Bitcoin in early 2009. The next three million Bitcoins will be mined during the course of the next 21 years, thanks to the halving process.
Let’s take…
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