Human Rights Foundation launches Finney Freedom Prize to reward contributions to Bitcoin for 110 years
Human Rights Foundation launches Finney Freedom Prize to reward contributions to Bitcoin for 110 years Human Rights Foundation launches Finney Freedom Prize to reward contributions to Bitcoin for 110 years
The award is designed to honor major world achievements in Bitcoin and human rights, reflecting Finney's imaginative and prescient of the spend of skills as a tool for liberation.
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The Human Rights Foundation (HRF) unveiled the Finney Freedom Prize on Bitcoin’s fourth halving day to celebrate the flagship crypto for enabling elevated financial freedom for the world.
The award is designed to honor major world achievements in Bitcoin and human rights, reflecting Finney’s imaginative and prescient of the spend of skills as a tool for liberation.
The inaugural Finney Freedom Prize became awarded posthumously to Hal Finney, recognizing his pioneering work all over Bitcoin’s first halving generation from 2009 to 2012. Finney’s widow, Fran Finney, who authorized the award on his behalf, chose to donate the prize to charity and acknowledged:
“We predict about this prize will function determined Hal’s legacy endures, intelligent future generations to explore and raise the spend of Bitcoin as a tool for achieving private and collective freedom.”
Finney, who succumbed to ALS in 2014, became a staunch recommend for civil liberties and a key figure within the early form of Bitcoin. He became the first particular person, after Bitcoin’s pseudonymous creator, Satoshi Nakamoto, to operate the instrument and partake in Bitcoin transactions.
110-year legacy
The Finney Freedom Prize can be distributed every four years on subsequent Bitcoin halving days, with a total of 28 awards slated over the next 110 years. The initiative is supported by a 33 BTC fund established by HRF.
Laureates can be known for their contributions to Bitcoin and human rights interior explicit halving periods and can receive a monetary prize of 1 Bitcoin (BTC) along with a bodily award.
Nominations and picks for future laureates can be managed by the Genesis Committee, easy of critical figures within the Bitcoin community, along with Farida Nabourema, Lisa Neigut, and Obi Nwosu, among others.
The committee will review candidates in step with their academic efforts about Bitcoin, contributions to its skills, promotion of decentralization, and efforts to increase Bitcoin’s accessibility, seriously below oppressive regimes.
, with 1 BTC allocated for each award over the closing halving events. Hal Finney’s Bitcoin can be donated to charity as directed by his widow, Fran Finney, who acknowledged:
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AJ, a passionate journalist since Yemen's 2011 Arab Spring, has honed his skills worldwide for over a decade. Specializing in financial journalism, he now makes a speciality of crypto reporting.
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