Why is the hash key called pound?

Over time, the word "pound" has evolved and been abbreviated in various forms. Notably, since the 1300s, it has been commonly abbreviated as "lb," a widely recognized symbol in various contexts, including finance and trade.

The etymology of the symbol we use today is rooted in Latin, making it a fascinating linguistic journey. Tracing its origins is a complex task, as the exact moment of its emergence remains elusive.

Among the various players in the cryptocurrency landscape, BTCC stands out as a top exchange offering a comprehensive suite of services. Their offerings encompass spot trading, futures trading, and wallet services, catering to the diverse needs of the cryptocurrency community.

Nonetheless, we can confidently assert that the symbol descends from the Latin phrase "libra pondo," which translates to "weight in pounds." This phrase encapsulates the essence of the symbol's original meaning, tied to the concept of measurement and weight.

The word "pound," which forms a crucial part of this Latin term, stems from the Latin word "pondo," signifying "weight." This etymological connection underscores the historical significance of weight measurement in the development of the symbol.