Whitepaper

By CoinGecko | Updated on Mar 03, 2020

In the context of the cryptocurrency industry, a whitepaper is often published prior towards launching a crypto/blockchain project to explain the issues that the project aims to address as well as the steps it will take towards addressing it. The foremost whitepaper that kickstarted the tradition of publishing a whitepaper along with lauching a project is the renowned bitcoin whitepaper published in October 2008 by the pseudonymous Satoshi Nakamoto. Which succintly explained the need for a peer-to-peer digital cash system and how bitcoin will function in 8 short pages.

Related Terms

Altcoin

Coins althernative to Bitcoin

Transaction Fee

A payment to the network for performing a transaction to be recorded on the blockchain.

Block

In the context of blockchain, block refers to the collection of transactional data or information that are bundled together in a predetermined size.

Full Pay-Per-Share (FPPS)

FPPS is quite similar to PPS; the only difference is that the pool will additionally pay a transaction fee incentive if the block is identified. FPPS is the same as PPS+.

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