It has been several months since Ethereum launched the Website Translation Program. They are now excited as they are able to see for sure about how decentralized collaboration will be able to result in a major impact in the ETH ecosystem. Thus, providing major benefits to several thousands of community members from across the world.
For now, there are a total of 52 language groups with 467 volunteers thereby making it possible to access Ethereum.org to non-English speaking communities in their own mother tongues. Because of these volunteers it has become possible to direct nearly 16% of all traffic to the non-English versions of their site.
Already there were about 24 languages in the site. They have integrated 6 more languages like “Norwegian v.1.1, Chinese Traditional v.1.1, Malayalam v.1.1, Ukrainian v1.1, Lithuanian v.1.0, Portuguese v.1.0, and Italian v1.0 -> v.1.1.”
They are now working with the goal of adding more languages during the third financial quarter. And, more of content is set to be updated during Q3/Q4. They are welcoming more of them who will be interested in helping them progress in their translation efforts.
Sydney Ifergan, the crypto expert tweeted: “Good that Ethereum is making ETH comfortable for non-English speaking communities, therefore, making it easy for more people to deal with expanding the ecosystem.”
It just looks like ETH are very sure about ensuring they will cover for the whole world.
About $100 M in Bitcoin has been moved to Ethereum in July. And, all of these were led by Retail Traders.
It is very clear that Ethereum has several valid and new reasons to be the most popular off-chain destination for Bitcoin!
The interesting thing is that more than 20,000 BTC worth nearly 225 million is already tokenized and used in the Ethereum-based protocols.
Yahoo Finance reports that more than 76% of the total tokenized Bitcoin are WBTC (Wrapped Bitcoin).
The good thing about tokenized bitcoin is that traders and investors will be able to denominate their transactions in Bitcoin while making use of applications which are built on other block chains.
There has been a dramatic growth of WBTC in July led by the retail users.
Andy Bromberg, President of CoinList have stated that Tokenizing Bitcoin on Ethereum as being the biggest opportunity for the growth of decentralized finance.
It is interesting to see that Ethereum is not scared to attract users for all reasons despite its scalability issues. They have magnetic schemes to bring most of the projects under their umbrella.
A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5
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