• Wed, 20 Nov 2019, 06:07 AM
  • All times are UTC
  • Edition:
Copy link
Increase text size
Decrease text size
Link copied

Oxford English Dictionary officially adds ‘satoshi’

Wed, 16 Oct 2019, 13:18 pm UTC

The Oxford English Dictionary (OED), published by the Oxford University Press, has included “satoshi” in its comprehensive English language vocabulary compilation.

CoinDesk reported that the inclusion of the new word was made as part of a quarterly update to the OED database. Jonathan Dent, OED Senior Assistant Editor, said:

“Among the earliest additions this quarter is an adverbial sense of ange (expressing a feeling of distress or anxiety) found in Old English works copied over a thousand years ago, while the most recent was first used less than seven years ago: a satoshi is the smallest monetary unit in the Bitcoin cryptocurrency, and is named after Satoshi Nakamoto, the—probably pseudonymous—developer(s) of Bitcoin.”

The OED has officially defined satoshi as “The smallest monetary unit in the Bitcoin digital payment system, equal to one hundred millionth of a bitcoin.”

The word, it said, has been derived from the name of Satoshi Nakamoto – the pseudonym for one or more unknown persons to whom the introduction of the Bitcoin system is attributed.

The description noted the uses of the word’s noun form of the word in Ripple Project, a Usenet newsgroup in 2012; the Guardian in 2013; and the Times in 2017.

It also points out the difference in American and British pronunciations – while the “o” in Satoshi is pronounced like the “ʊ” sound in foot in the U.S., it is pronounced like the “ɒ” in “lot” elsewhere.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $8,197.12 (-0.65%)
  • Ethereum (ETH) $177.78 (-0.61%)
  • XRP (XRP) $0.254900 (+0.86%)
  • Bitcoin Cash (BCH) $243.46 (-1.63%)
  • Litecoin (LTC) $55.98 (-1.19%)
  • Bitcoin (BTC) $8,197.12 (-0.65%)
Nov 20, 2019 (Wednesday)
CA$16M client funds of Einstein Exchange reduced to CA$45,000 in ‘hard assets,’ interim receiver reported
Galaxy Digital launches two bitcoin funds with Bakkt and Fidelity Digital Assets as custodians
Crypto Technicals: BTC/USD holds above 55W EMA (7952), 'Hammer' formation raises scope for minor recovery
Fidelity Digital Assets gets approval to offer crypto custodial services in Empire state
Crypto risk assessment platform secures $4.9M funding with PayPal leading the charge
Nov 19, 2019 (Tuesday)
Crypto exchange Gemini acquires NFT platform Nifty Gateway
Weibo suspends accounts of Binance and Tron amid fresh crackdown of crypto businesses in China
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Crypto Technicals: XLM/USD breaks below 50-DMA, hits 3-weeks low (0.0645), bias bearish
Binance unveils fiat-to-crypto gateway for Turkey
U.S. SEC to review Bitwise’s Bitcoin ETF proposal; Reason behind the revisit still unclear
Factom wins second DHS SVIP award to develop blockchain-based anti-forgery solution
Blockchain-based payment processor RadPay secures $1.2M in a series seed round
National Advisory Council urges FEMA to adopt blockchain tech to increase aid efficiency for disaster-stricken areas
Crypto Technicals: BCH/USD breaks 4H 200-SMA support, hits 4-week lows at 237.50, bias lower
Nomura’s joint venture ‘Boostry’ releases official webpage of its security token platform
Fledgling crypto money lending platform raises $25M led by Andreessen Horowitz
Crypto Technicals: ETH/USD ends consolidation, break below 50-DMA and rising volatility support downside
Indian state of Telangana to adopt blockchain tech to fight fraudulent academic certificates
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.