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White Paper

A project’s white paper is a document where the team states the problem they are to solve, outlines the solution to that problem, technical details of the product, and as well as relations with its users.

What was the first white paper? The first white paper belongs to Bitcoin, which was created on October 31st, 2008.

Do all cryptocurrencies have white papers? Not all cryptocurrencies have white papers – many early coins such as Litecoin launched with a simple project description.

Interesting facts

  • White papers usually don’t contain sales or advertising messages. Instead, they provide factual information describing the technology and explaining how is it superior to the alternative ones.