What is a Whitepaper

[allcryptowps]

What is a Whitepaper?
When a company intends to launch a new cryptocurrency, they usually set out all the details in a Whitepaper. Technical, financial and commercial information about the project is explained in this document. Normally they aim to provide a document that explains in plain language what they’re planning to do, to attract investors and other interested parties. The Whitepaper is usually accompanied by a One Pager, he project summarized in one page, and a Position Paper, which details the competition and their (better) position in comparison with the competition.

Some companies do not have Whitepapers, but bring out a Blackpaper or they just do a video explainer or presentation.

If you thinking about investing in a cryptocurrency that is doing an ICO (Initial Coin Offering), STO (security Token Offering), IEO (Initial Exchange Offering) or any other crypto project investment, your first stop is reading the Whitepaper. Especially information about the their solution to a specific problem, the Token Allocation, the Team behind the crypto and the roadmap are important factors in assessing a cryptocurrency.

The first and most popular cryptocurrency Whitepaper is the Bitcoin Whitepaper: Bitcoin: A Peer-to-Peer Electronic Cash System by Satoshi Nakamoto.

This is the abstract of that whitepaper, just to give you an idea what it's all about:

A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they’ll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.

On my site you can find every cryptocurrency whitepaper, so start doing your own research .

[Danus]

What is a Whitepaper?
When a company intends to launch a new cryptocurrency, they usually set out all the details in a Whitepaper. Technical, financial and commercial information about the project is explained in this document. Normally they aim to provide a document that explains in plain language what they’re planning to do, to attract investors and other interested parties. The Whitepaper is usually accompanied by a One Pager, he project summarized in one page, and a Position Paper, which details the competition and their (better) position in comparison with the competition.

Some companies do not have Whitepapers, but bring out a Blackpaper or they just do a video explainer or presentation.

If you thinking about investing in a cryptocurrency that is doing an ICO (Initial Coin Offering), STO (security Token Offering), IEO (Initial Exchange Offering) or any other crypto project investment, your first stop is reading the Whitepaper. Especially information about the their solution to a specific problem, the Token Allocation, the Team behind the crypto and the roadmap are important factors in assessing a cryptocurrency.

The first and most popular cryptocurrency Whitepaper is the Bitcoin Whitepaper: Bitcoin: A Peer-to-Peer Electronic Cash System by Satoshi Nakamoto.

This is the abstract of that whitepaper, just to give you an idea what it's all about:

A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they’ll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.

On my site you can find every cryptocurrency whitepaper, so start doing your own research .

This is such a business plan for 2 years in advance, read it carefully to understand all the details of the project. There is a lot of information in it, the rest can be found in the telegram chats

[beginnertrader]

Whitepaper is an official document which is issued by new block chain projects before their ICO informing the reader about the new methodology, services and products or technology being launched.

[squadus]

A whitepaper is essentially an abstract that teaches people about a certain subject. It is useful for spreading knowledge and helping people learn.

[dogeatehomework333]

In fact, it is the face of the project, after reading it you will have a lot of useful and detailed information.

[bright4mech]

Whitepaper is an official document written by the developer of a particular project in the crypto industrial that agree with the team to achieved the goal by working together as a team work, where it has already stated clear of the with a road map on a whitepaper.

[Coin63@]

Whitepaper is a written deed of a company with elaborate its projects, including roadmap, activities, prices, exchanges listing, objectives, and more effective information in cryptocurrency industry.

[babu10]

In ICO or IEO whitepaper is very very important thing. Its a company's document that does past days and will do in near future. That is also may be called strategic plan of a project where investors can get vast knowledge of an ICO before investment.

[GeniusProject]

The whitepaper is the most important thing in an ICO's/STO's project. It's a complex document released by a crypto project that gives everyone technical information about the concept behind, and a roadmap for how the project will take place. As an ICO project ourselves, we worked for the whitepaper long before the release, so that we were sure everything will be right for our investors, as we don't like to hide anything.

[Evelina]

A white paper is an informational document made to promote or highlight the features of a product, service, or solution. Typically, a white paper is issued by a company and is usually written as sales and promotional documents.