Thursday, May 30, 2019

Associated Press Rules ‘Crypto’ Isn’t a Substitute for ‘Cryptocurrency’

The AP Stylebook, a venerable handbook for journalists, teachers and different writers, has issued a suggestion that ought to make the infosec group comfortable – if not cryptocurrency lovers.

Briefly, don’t name digital cash “crypto.”

The six-letter phrase was historically related to cryptography, however in recent times has been used to confer with bitcoin and the plethora of copycats and rivals that adopted it, to the chagrin of many safety specialists.

Now the AP writes that cryptocurrency is:

A kind of digital cash that makes use of encryption know-how to make it safe. Keep away from utilizing the shorthand crypto, which could be confused with cryptography. Cryptocurrency isn't the identical as digital foreign money, which is utilized in digital worlds akin to on-line video games. [Emphasis added.]


Picture by way of AP Stylebook

The Stylebook even provided a little bit of commentary on one of the best makes use of for cryptocurrencies:

Though it’s attainable to hint bitcoins and another cryptocurrencies as they're spent, house owners of accounts behind the transactions aren’t essentially recognized. Because of this, cryptocurrency is a popular type of funds amongst criminals, together with these behind ransomware, by which malicious software program locks a pc and its knowledge till a ransom is paid.

Yearly the Stylebook provides new phrases to its lexicon. This yr, along with “cryptocurrency,” “deepfake,” “digital cigarette,” and “CRISPR” made the reduce.

Many within the business expressed pleasure on the ruling because it alerts that crypto – sorry, cryptocurrency – has develop into mainstream sufficient for the wonky Stylebook to provide it a nod.

Picture by way of Shutterstock

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