Satoshi, bitcoin's smallest unit, is now added to Oxford English Dictionary

The Oxford English Dictionary (OED), published by the Oxford University Press, has officially added the word “Satoshi” to its database. The decision was made as part of a quarterly update this month.

The OED defines Satoshi as: “The smallest monetary unit in the Bitcoin digital payment system, equal to one hundred millionth of a bitcoin.”

The announcement follows the December 2014 update that saw “bitcoin” added to the respected resource. It defines bitcoin as “a digital currency in which transactions can be performed without the need for a central bank.”

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy