What is a White Paper, and Why is it Important?
Hello, we are the EDRA team, the creators of a real cryptocurrency that will be used in the real economy. We at EDRA love our coin, but we also love blockchain technology and the cryptocurrency market. That is why we like to cover topics that may be helpful for our readers. Today, we want to talk about white papers. You may have read white papers when doing research on projects. The fact is the existence of a white paper alone does not bring value to the coin. You have to check to see if there is a detailed blueprint for the project. But before we do so, let’s educate ourselves on what a white paper is. So, what is a white paper?
A white paper is a document that contains the basic information on a coin. White papers have become a custom in the world of cryptocurrencies since Satoshi Nakamoto first revealed Bitcoin’s white paper to cryptographers and economists. Following Bitcoin's example, most cryptocurrency teams have been writing white paper detailing information on their coin, the technology, use-cases, roadmaps, development teams, and more. If you want to invest in a project, it is be a good idea to read the white paper.
White papers matter because they contain information on the cryptocurrency. These days, some people call the cryptocurrency market a place for gambling because people don’t read white papers or do any other kind of research. They just buy anything. Another thing to be careful about is whether or not a white paper is similar to another project’s white paper. The proliferation of cryptocurrencies has birthed countless white papers, some of which are merely copies of others. If you see a copied and pasted material, you should proceed with caution.
Let’s go back to EDRA. EDRA does not copy another coin’s white paper. EDRA’s white paper is a blueprint describing the team’s vision. If you read the white paper, you can sense the team’s devotion of coming up with a quality project.
EDRA’s white paper is 73 pages long, and it includes information on the team’s vision, EDRA’s ecosystem, technology, coin distribution, financial plans, roadmap, and team members. If you’re interested in learning about EDRA’s technology and vision, visit edra.io and download our white paper. Thank you!
** Visit Us! **Homepage: www.edra.io
Facebook: www.facebook.com/edra.kor.94
Telegram community(English): https://t.me/edra_official
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Bitcoin’s whitepaper, written by
Satoshi Nakamoto
(Source: https://medium.com/@FolusoOgunlana/cracking-the-bitcoin-white-paper-c5f479ce748d)
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A white paper is a document that contains the basic information on a coin. White papers have become a custom in the world of cryptocurrencies since Satoshi Nakamoto first revealed Bitcoin’s white paper to cryptographers and economists. Following Bitcoin's example, most cryptocurrency teams have been writing white paper detailing information on their coin, the technology, use-cases, roadmaps, development teams, and more. If you want to invest in a project, it is be a good idea to read the white paper.
White papers matter because they contain information on the cryptocurrency. These days, some people call the cryptocurrency market a place for gambling because people don’t read white papers or do any other kind of research. They just buy anything. Another thing to be careful about is whether or not a white paper is similar to another project’s white paper. The proliferation of cryptocurrencies has birthed countless white papers, some of which are merely copies of others. If you see a copied and pasted material, you should proceed with caution.
Let’s go back to EDRA. EDRA does not copy another coin’s white paper. EDRA’s white paper is a blueprint describing the team’s vision. If you read the white paper, you can sense the team’s devotion of coming up with a quality project.
EDRA’s white paper is 73 pages long, and it includes information on the team’s vision, EDRA’s ecosystem, technology, coin distribution, financial plans, roadmap, and team members. If you’re interested in learning about EDRA’s technology and vision, visit edra.io and download our white paper. Thank you!
** Visit Us! **Homepage: www.edra.io
Facebook: www.facebook.com/edra.kor.94
Telegram community(English): https://t.me/edra_official
It was wondering if I could use this write-up on my other website, I will link it back to your website though.Great Thanks.
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