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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.

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Related Terms

Satoshi
A unit measure for the smallest divisible unit of a bitcoin. 1 bitcoin is equal to 100 Million Satoshi.
Application Programming Interface (API)
It is a software that acts like an intermediary or a bridge that lets two applications talk to each other. It is the one that lets applications, data and devices interact.
Shitcoin
A coin with no obvious potential value or usage.
Trading Volume
The amount of the cryptocurrency that has been traded in the last 24 hours.
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