What is white paper crypto

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Bitcoin White Paper Explained (Simplified and Visualized)
The white paper is a marketing document that's become a staple for crypto projects. It is used by investors to determine whether a project has any merit. Cryptocurrency whitepapers are detailed documents that outline the project's intentions, products, and infrastructure. While there isn't a rule on what needs. A whitepaper summarizes, in a single document, the important information related to a blockchain or cryptocurrency project. It's a popular way.

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Each white paper differs, but it should ultimately be informative and clear about the project and its goals. Whereas Bitcoin has a specific function to provide digital peer-to-peer payments, the Ethereum whitepaper presented a platform that would enable developers to build and deploy all kinds of decentralized applications DApps. A whitepaper may provide an overview of essential data in the form of statistics and diagrams. Music, real estate, artwork and any other real-world assets that one can think of can be represented as NFTs.