We feel that the word "Coin" is taking on a new meaning due to the cryptocurrency meme. As such, we propose a backronym that better captures the current meaning of the word coin in this context.
COIN = COmmon INformation.
We feel that this reflects the common information (or shared/common knowledge) aspect of blockchain technology. I.e. the ownership/control of each token on a blockchain is common information.
A cursory glance at the various definitions of the words "Common" and "Information" yield a powerful support of this backronym:
Common: "belonging to or shared by two or more people or groups", "known to the community", "pertaining or belonging equally to an entire community, nation, or culture"...
Information: "derived knowledge", "communication or reception of knowledge", "knowledge obtained from investigation, study, or instruction"...
Coin Etymology:
Source: http://etymonline.com/index.php?term=coin
Please discuss.
Stop trying to be an linguistic or whatever are you trying to do... COIN = COmmon INformation.
We feel that this reflects the common information (or shared/common knowledge) aspect of blockchain technology. I.e. the ownership/control of each token on a blockchain is common information.
A cursory glance at the various definitions of the words "Common" and "Information" yield a powerful support of this backronym:
Common: "belonging to or shared by two or more people or groups", "known to the community", "pertaining or belonging equally to an entire community, nation, or culture"...
Information: "derived knowledge", "communication or reception of knowledge", "knowledge obtained from investigation, study, or instruction"...
Coin Etymology:
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coin (noun.)
c.1300, "a wedge," from Old French coing (12c.) "a wedge; stamp; piece of money; corner, angle," from Latin cuneus "a wedge." The die for stamping metal was wedge-shaped, and the English word came to mean "thing stamped, a piece of money" by late 14c. (a sense that already had developed in French). Compare quoin, which split off from this word 16c. Modern French coin is "corner, angle, nook." Coins were first struck in western Asia Minor in 7c. B.C.E.; Greek tradition and Herodotus credit the Lydians with being first to make and use coins of silver and gold.
c.1300, "a wedge," from Old French coing (12c.) "a wedge; stamp; piece of money; corner, angle," from Latin cuneus "a wedge." The die for stamping metal was wedge-shaped, and the English word came to mean "thing stamped, a piece of money" by late 14c. (a sense that already had developed in French). Compare quoin, which split off from this word 16c. Modern French coin is "corner, angle, nook." Coins were first struck in western Asia Minor in 7c. B.C.E.; Greek tradition and Herodotus credit the Lydians with being first to make and use coins of silver and gold.
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coin (verb.)
"to coin money," mid-14c., from coin (n.). Related: Coined; coining. To coin a phrase is late 16c. A Middle English word for minter was coin-smiter.
"to coin money," mid-14c., from coin (n.). Related: Coined; coining. To coin a phrase is late 16c. A Middle English word for minter was coin-smiter.
Source: http://etymonline.com/index.php?term=coin
Please discuss.
