A byte has several meanings, all closely related:
The 8 bit byte is often called an octet in a networking context and also by some standards organisations.
Byte is often abbreviated B and sometimes b, though b is incorrect as that is a better abbreviation for bit.
The term "byte" was coined by Werner Buchholz in 1956 during the early design phase for the IBM Stretch computer; originally it was described as 1 to 6 bits (typical I/O equipment of the period used 6-bit chunks of information). The move to an 8-bit byte happened in late 1956, and this size was later adopted and promulgated as a standard by the System/360. The word was coined by mutating the word `bite' so it would not be accidentally misspelled as bit.
Half a byte (4 bits) is sometimes called (playfully) a nibble (sometimes spelled nybble) or more formally a hex digit. The nibble is often called a semioctet in a networking context and also by some standards organisations.
For a list of prefixes used to describe larger numbers of bytes, see Binary prefixes.
Byte is also the name of a popular computer programming magazine, see Byte magazine.
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