Bitcoin whitepaper is now available in the Nepalese language. It touched a new record when the whitepaper was translated into a new language and was made available on January 30, 2022. The translation was done by two cryptocurrency motivators Krishna Dahal and Bibek Koirala. However, Nepal has banned all digital transactions related to crypto. The government is unfriendly towards the crypto sovereignty in the nation. The country is also not supportive of the trading of cryptocurrencies as of now.
The new language release by these coding engineers was made to enlighten the government about the Web3 world. But, it seems they have to wait for a long moment to start trading. While, both the crypto supports are still hopeful that the country will spare some time in the light to change its course of action towards blockchain technology.
Ever since, the Bitcoin Whitepaper release, it has evolved in many language translations which include Chinese, Italian, French, Russian, Swedish, Hindi, Arabic, German, and many others. Neatnik LLC produced the Bitcoin Whitepaper in Braille, including tactile diagrams for visually challenged people in 2017.
These translations will help people to unite on technological grounds and promote global intuitions about cryptocurrencies. Also, this is the best medium to educate people of different communities and backgrounds about this blockchain technology and how it works.
What is “Bitcoin Whitepaper”?
Bitcoin Whitepaper was first published by Satoshi Nakamoto in 2008, a pseudonymous person/group of people who developed bitcoin. The 9 paged document explains, technical description, outlines of principals, of cryptographically secured, peer-to-peer electronic payment system. It was fundamentally designed to create transparency in a digital transaction between two people without involving nationalized banking system. Bitcoin Whitepaper laid the foundation of “blockchain technology” into the world.
Today, blockchain technology is considered to be the first practical and useful digital currency-based digital distributed ledger. The first Bitcoin (BTC) was launched by Satoshi post released to the whitepaper in 2009 and made available to the public in 2010. After the bitcoin deployment, the world has thrived and gained much traction around it.
Today, more than 12,000 cryptocurrencies are available in the market. Bitcoin (BTC), Ethereum (ETH), and meme-based Dogecoin (DOGE) are a few of the most valued cryptocurrencies.
Also, read - ProShares bitcoin strategy ETF ranks second in daily trading volume