‘Cryptocurrency’, ‘ICO’ and ‘Blockchain’ Enter 190-year Old Merriam-Webster

‘Cryptocurrency’, ‘ICO’ and ‘Blockchain’ Enter 190-year Old Merriam-Webster

Merriam-Webster has added 850 new words in its dictionary along with their definitions. Three of these words include cryptocurrency, blockchain and initial coin offering (ICO).

According to the post last updated on Mar. 3, cryptocurrency is:

Blockchain is defined as:

While, ICO is:

Merriam-Webster previously added bitcoin in 2016 as “a digital currency created for use in peer-to-peer online transactions.” The decision came after the “perplexing domain of digital financial exchanges” required a thorough understanding of words in the crypto community.

On the other hand, Oxford Dictionary, recognized bitcoin as early as 2013. The official blog post read, “Technology remains a catalyst for emerging words and is reflected in new entries.” Two years later, the website announced that it had added ‘blockchain’ as well as ‘miners’ in the new list of words.

Miner is defined as:

Merriam-Webster also replied to questions asking whether the words were added to Collegiate or Unabridged.

Cryptocurrency was able to meet a well-defined criteria before securing a place in the dictionary, “To be included in a Merriam-Webster dictionary, a word must be used in a substantial number of citations that come from a wide range of publications over a considerable period of time. Specifically, the word must have enough citations to allow accurate judgments about its establishment, currency, and meaning.”

Featured image from Shutterstock.

08.03.2018 / 01:45 108
Cryptocurrency, ICO and Blockchain Officially Added to the Dictionary Cryptocurrency, ICO and Blockchain
Besides helping language learners, students and everyone else find the exact definitions of words, dictionaries also sometimes serve as time capsules
Introducing BITRUST: The First Cryptocurrency Insurance Platform Introducing BITRUST: The First
A story of BITRUST started with a problem which gathered a team of blockchain enthusiasts to solve it — to have an affordable tool for hedging
Stellar [XLM] Continues Leading the Market After Wallet Detail Release Stellar [XLM] Continues Leading the
Source: coinmarketcap The native asset of Lumens is the stellar network, more in-detail; Lumens are built into the stellar network. This makes up a
Interest in Cryptocurrency Jumped 15-Fold in Kazakhstan Interest in Cryptocurrency Jumped
Interest in cryptocurrency in Kazakhstan has surged fifteen-fold this year compared to 2017 according to a study by Yandex. The number of online
Privacy Altcoin Zcash Announces First Network Update, Not Expected To Be A Fork Privacy Altcoin Zcash Announces First
Privacy-oriented cryptocurrency Zcash just announced Overwinter, its first “software-updates-required” network upgrade Privacy-oriented
Yandex Study Shows Rising Interest In Crypto By Kazakhstanis Yandex Study Shows Rising Interest In
A Yandex study has shown that Kazakhstanis are increasingly searching online for terms related to cryptocurrency. A study by Yandex, a multinational
Comments (0)
Add a comment
Comment on