It is a great day for another installment of Learning Crypto, today I want to speak on the importance of reading the white papers of tokens and cryptocurrencies.
Lots of times these white papers are long and full of technical lingo. If you ever actually take the time to read an entire white paper, often times you feel like you ought to get an award for your efforts. But the best you can do is subtly brag to your crypto friends that “You read the white paper”
What you will learn about crypto white papers is that (the good ones at least) they are designed to do several things:
White papers are great tools for beginners to be exposed to higher level crypto vocabulary. More often then not you will come across words that make you feel like you’re missing something, and that’s when dictionaries come into play.
Sure it can be tedious and overwhelming but if you’re interested in deepening your knowledge of this space, white papers are a good source and there are plenty out there for you to explore.
After you’ve read over a few of them you’ll begin to develop a better sense of what makes a good white paper, which is also an indication of the quality of the crypto project itself.
You’ll notice things like:
Dictionary...USE IT:)
10 Keys for Evaluating ICOs
White Paper Definition
Valuable Resources for ICO research
Investitin Research Guide
Fundamental Analysis for Cryptocurrencies
Good White Papers to Explore
Bitcoin White Paper
Ethereum Homestead Document
OmiseGo White Paper
IOTA White Paper
DecentBet White Paper