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Скачать или смотреть What is a Blockchain White Paper? (animated explainer video)

  • Crypto Decoded
  • 2021-12-05
  • 569
What is a Blockchain White Paper? (animated explainer video)
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What is a Blockchain White Paper? (animated explainer video)

A whitepaper is a formal document that explains the project’s goal and technology. Whitepapers for blockchain projects may be seen as a manifesto for the project, and they usually include thorough technical explanations and a roadmap for the future to persuade potential investors of its worth. They frequently use statistics, infographics, and facts to persuade potential investors to purchase the cryptocurrency.
Bitcoin: A Peer-to-Peer Electronic Cash System, written by Satoshi Nakamoto in 2008, is certainly one of the most well-known cryptocurrency whitepapers. The Bitcoin whitepaper proposed the following:

A peer-to-peer (P2P) system for payments across an online network
Removing third parties and replacing them with verification (decentralization)
Transactions would be irreversible
A P2P distributed timestamp server. This would generate mathematical proof of an order of different transactions.

What is The Importance of Blockchain Whitepapers?

To understand the vision and purpose of the Blockchain Project
Given the complexity of blockchain technology, whitepapers are one of the most effective ways for developers to explain the value of their initiatives. Whitepapers are required for new initiatives, particularly those wishing to make an initial coin offering (ICO), since they may be used to describe new technology, solutions, or other current information that isn’t generally available. The Bitcoin (BTC) whitepaper, for example, includes an overview of Satoshi Nakamoto’s vision for the project, as well as a full history and explanation of proof of work and incentive systems. #cryptodecoded

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