Cryptocurrency & Initial Coin Offering Added To Webster Dictionary


One of the most important dictionaries of the world, the Merriam-Webster, has gotten an update this week. The dictionary announced this Monday that the words “blockchain”, “cryptocurrency” and “Initial Coin Offering” has been added along with 800 new entries.

Three New Entries In The Websters’s Dictionary

The company has stated that this decision was taken to help in the clarification of terms of the digital finances market. The definition of the word “Cryptocurrency” in the Webster dictionary is “any form of currency that only exists digitally, that usually has no central issuing or regulating authority”. It also states that the coins have their transactions automatically recorded and that they are encrypted.

Blockchain” is another term to appear in the Merriam-Webster dictionary. It states that blockchains are digital databases which can be used for the creation of a decentralized network.

These additions have appeared almost two years after “Bitcoin” was added to the dictionary. Terms like “mining”, though, still do not have a proper cryptocurrency definition on the dictionary.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide
https://bitcoinexchangeguide.com/cryptocurrency-initial-coin-offering-added-to-webster-dictionary/
bitcoinexchangeguide.com
crawl=CC-MAIN-2021-49
394055
application/http; msgtype=response
sha1:LGZWSHQKLL6764PTCDPJXVWVTD5S4TP6
<urn:uuid:a942ccb8-8ee3-42fc-8b39-2e31b25ca3b7>
2021-12-03T07:29:47Z
172.67.70.37
text/html
sha1:AVWWBRTRCXSJQ2GX5TCRG3TY64XERAET
<urn:uuid:963c3d71-cb67-4341-9d95-950aec496d79>
https://bitcoinexchangeguide.com/cryptocurrency-initial-coin-offering-added-to-webster-dictionary/
response
<urn:uuid:dc5a4500-53a6-4ad4-9079-6ccad98a96a0>
isPartOf: CC-MAIN-2021-49
publisher: Common Crawl
description: Wide crawl of the web for November/December 2021
operator: Common Crawl Admin (info@commoncrawl.org)
hostname: ip-10-67-67-171
software: Apache Nutch 1.18 (modified, https://github.com/commoncrawl/nutch/)
robots: checked via crawler-commons 1.3-SNAPSHOT (https://github.com/crawler-commons/crawler-commons)
format: WARC File Format 1.1
conformsTo: https://iipc.github.io/warc-specifications/specifications/warc-format/warc-1.1/