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When Satoshi Nakamoto created Bitcoin, the full node client came with a wallet often referred to as Bitcoin-Qt. Nakamoto’s simplified payment verification (SPV) concept was not available until two years later, after the former Bitcoin Core developer Mike Hearn published BitcoinJ in 2011. However, prior to the first SPV client or optimized lightweight bitcoin wallet, […]Powered by WPeMatico
Oxford University Press published its recent quarterly report which revealed the term ‘satoshi’ was added to the Oxford English Dictionary (OED) database. The word represents the “smallest monetary unit in the Bitcoin digital payment system,” according to the definition. Also Read: The Fed Plans to Inject $60 Billion per Month Into the Economy Satoshi, the […]
The post Bitcoin’s Smallest Unit ‘Satoshi’ Added to Oxford English Dictionary appeared first on Bitcoin News.
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