Whitepaper

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Whitepaper

Definition:

A document outlining the purpose of a coin and the (technical) solution it provides. The first whitepaper was for Bitcoin and later a whitepaper became a legal requirement for an ICO. Whitepapers vary from seminal breakthroughs in the case of Bitcoin to complete nonsense in the case of most 2017 era ICOs.

Degen Chat

Degen 1: “I heard that girly is a crypto millionaire. Is she a technical prodigy?”

Degen 2: “No, she just spent an hour writing a white paper then shilled it on Twitter.”

Related Terms:
  • Dictionary: Blockchain
    A distributed ledger technology created by Satoshi Nakamoto in the Bitcoin whitepaper. Many blockchains exist now such as Bitcoin, Ethereum, Avalanche, BSC etc
  • Dictionary: Satoshi Nakamoto
    Satoshi is the anonymous writer and creator of the Bitcoin whitepaper. More than just a blockchain founder, he/she/they are the philosophical deity for Web3 and the crypto space. Whilst we don’t know who it is, man, woman, group or other, Satoshi lives on in our hearts. Unheard of since April 23, 2011, Satoshi’s estimated Bitcoin holdings of 960,000 is simply staggering at today’s prices.
  • Dictionary: Wen
    When... but you are in such a rush for the thing to happen (usually a 10x or lambo money) that you do not even have time to use the h.


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