The Bitcoin white paper published by the anonymous author “Satoshi Nakamoto” is officially available in 40 languages. As members of the cryptocurrency community strive to spread the content of the popular document around the world.
As of today, the Bitcoin white paper has been translated into 40 languages, with the Nepali language becoming the latest addition. The translation uploaded to the Bitcoin.org website was done by two cryptocurrency enthusiasts, Krishna Dahal and Bibek Koirala, who they made public this done via Twitter.
Despite the Nepali translation of the Bitcoin white paper, this country is among the countries hostile to cryptocurrencies. The Nepalese government has forbidden recently trading any cryptocurrency within its territory. With the translation of the white paper, Krishna Dahal hopes that the state of Nepal will shift its focus to the cryptocurrency industry.
“I hope that this translated copy reaches the wider community in my country, Nepal. I am still hopeful that the Nepalese government will support Bitcoin very soon,” Dahal said.
Over the years, the Bitcoin white paper has been variously translated. Including Chinese, Spanish, Italian, Russian, French, German, Indonesian, and Swedish language translations. In addition, the white paper is also available in braille to help people with visual disabilities.
The translation of the white paper is a way to help break the language barrier and promote the use of Bitcoin throughout the world. Currently, the translation can be done by any interested person who can send a request through the Github page from bitcoin.org.
Satoshi Nakamoto
Currently, the identity of Satoshi Nakamoto is still unknown. Various people have claimed to be the anonymous founder of Bitcoin. As well as the Australian computer scientist Craig Wright who claimed to be Nakamoto, however, this was never proven.
Wright’s claim to be Satoshi Nakamoto was considered by a London court. Which allowed the computer scientist to file a copyright lawsuit against the white paper’s publishers for publishing the white paper.
The London court approved Wright’s plaintiff application to the publisher of Bitcoin.org, known by the pseudonym Cobra en la red social Twitter.
Interestingly, “Cobra”, a UK resident, stated after the lawsuit, that he was willing to give up his identity to protect what he called “the most important document of the 21st century”.
As part of protecting his alleged status, Wright also launched a lawsuit against 16 Bitcoin developers in an attempt to recover 111,000 Bitcoins. According informed For Finbold, Wright was seeking access to the vast bounty of Bitcoins from two addresses whose private keys he does not know.
Such lawsuits could affect the Bitcoin developer community, which is also facing other regulatory litigation. However, to protect developers, the “Bitcoin Legal Defense Fund Board” has been formed to defend developers from lawsuits, this “legal defense board” would be made up of Chaincode’s Jack Dorsey and Alex Morcos.
On January 12, 2022, the Bitcoin legal defense board, declared that will offer to finance an external lawyer.
Bitcoin miners forecast global hash rate to grow “significantly”
Bitcoin seems to be on everyone’s mind lately, as recently the global market witnessed the bearish turn that the price of Bitcoin took. On January 21, 2022, Bitcoin hit a six-month low, falling below $40,000 for the first time in months.
However, while some are panicking, other industry experts believe that the Bitcoin network has become stronger than ever. The growth of the Bitcoin network has become apparent as the hash rate figures for BTC continue to rise and hit new highs. For example, on January 22, the Bitcoin network recorded an all-time high with an average hash rate of 190-210 exahashes per second (EH/s).
Darin Feinstein, co-founder and co-chairman of Core Scientific, a major publicly traded blockchain infrastructure provider, said that based on previous Bitcoin mining hash rate data, the network grew by 200%, following the mass exodus of miners from China.
“The Bitcoin network a year ago was about 143 EH/s. Following the mining ban in China, the network dropped to 63 EH/s. Today, the hash rate has grown to approximately 198 EH/s. This increase represents an exponential growth of the cryptocurrency mining sector.” Feinstein said.
With this in mind, Feinstein noted that the BTC network has reached all-time highs in terms of EH/s, due to massive improvements in mining chip technology and the distribution of new miners outside of China.
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