DIN SPEC 16597:2018-02

This DIN SPEC 16597 in accordance with the PAS procedure was developed within a workshop set up on a temporary basis. The DIN SPEC was developed and approved by the authors named in the foreword. This DIN SPEC specifies general blockchain terms. Being industry and usage independent, it considers a variety of existing blockchain specifications such as 'block', 'blockchain', 'consensus pro-cess', 'cryptocurrency', 'decentralized', 'distributed', 'distributed ledger', 'double spending', 'hard fork', 'soft fork', 'node', 'nonce', 'PoS', 'PoW', 'smart contract', '51 % attack' and 'mining'. This DIN SPEC can build the basis for all following phases in the innovation cycle and the following standardization processes.