Everyday, new #crypto projects are coming up and you'll always hear the word "WHITE PAPER"
What does it really mean?
Completely understand in these 5 simple steps
What does it really mean?
Completely understand in these 5 simple steps
Every company exists to solve a problem. The document that states their purpose of existence is called a business plan right?
That's what a white paper is for #crypto projects. It's a document that explains what a project does, and how it will achieve its aim [roadmap]
That's what a white paper is for #crypto projects. It's a document that explains what a project does, and how it will achieve its aim [roadmap]
A white paper majorly consist of 3 things...
• A problem
• A solution and
• The author
Definitely, the solution takes the major part but...
note that the problem and the solution in a white paper are #crypto related👍
It doesn't stop there, there's more...
• A problem
• A solution and
• The author
Definitely, the solution takes the major part but...
note that the problem and the solution in a white paper are #crypto related👍
It doesn't stop there, there's more...
In a white paper, statistics, diagrams and facts are used to convince interested investors to buy the #cryptocurrency and also to educate the general audience.
Quick tip: a LITE PAPER is a shortened version or summary of a white paper
Quick tip: a LITE PAPER is a shortened version or summary of a white paper
For example:
• #bitcoin white paper, published in 2008 shows how you can use #bitcoin as a better form of money I.e you wouldn't need banks to transfer money, and that's what #bitcoin is today.
• #Etherium white paper states how developers can build DApps on their blockchain.
• #bitcoin white paper, published in 2008 shows how you can use #bitcoin as a better form of money I.e you wouldn't need banks to transfer money, and that's what #bitcoin is today.
• #Etherium white paper states how developers can build DApps on their blockchain.
[DApps means Decentralized Applications]
In summary, a white paper is the business plan for a #crypto project
Follow @Enijoshua_ for more simple but professional threads
In summary, a white paper is the business plan for a #crypto project
Follow @Enijoshua_ for more simple but professional threads
Quickly read this CRAZY thread about stable coins and fiat currencies before you go...
https://twitter.com/Enijoshua_/status/1589588266768293890?t=La2ZzVYJAtUDsQevso51MA&s=19
[Important] Also follow
@wittyprince_
@SamuelXeus
@_paulapaul and
@sabocrypto
I look up to them in this space
Their tweets will also help you grow
@wittyprince_
@SamuelXeus
@_paulapaul and
@sabocrypto
I look up to them in this space
Their tweets will also help you grow
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