I updated the info on
The CPU Coin List to show the new name.
Why was Monero chosen as the new name?
It is "coin" in Esperanto.
This, plus people did not like bitmonero. And finally, this would be 4-syllables words, to cumbersome (ideal is 2-3 syllables). Oh! And it was not chosen, it was voted (well, that's a sort of choice, but I want to emphasize that it was democratic, although there was not a lot of person on IRC).
Also it is said to be close to the word for money/coin/currency in many other languages.
Many other
latin languages. Esperanto has a tendancy to confuse "universal" and "latin-based".
That being said, I confirm it:
French: monnaie
Spanish: dinero
and 4 more threads to follow, so I got a bit upset of the mess I found.
This also show how young and dynamic this it. Consider any scrypt/shacoins out there. In a way, this is very mature/boring/ordinated: everything in one single thread.
So, although I can understand how it can be confusing, I see there an energy I don't see in other bitcoin-based coins (although some are very dynamic but more money-oriented than discovery-oriented).