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As the blockchain and cryptocurrency industry continues to gain traction, new people continue to join this lucrative field, but before joining such businesses or businesses, they first read the cryptocurrency white papers they are interested in so that they fully understand how and what they want are going to deal with it (in) it.
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White paper is a respected report or guideline that succinctly updates readers on a multifaceted issue and provides the issuing organization’s point of view on the substance. Therefore, it was created to help readers understand and appreciate a problem, solve a challenge or come out with a suitable decision. Here are the most read cryptocurrency white papers in 2019.
Bitcoin white paper
Bitcoin (BTC) is the world’s first cryptocurrency by market capitalization, developed in January 2009. It follows the ideas drafted in a white paper by the unknown and pseudonymous designer called Satoshi Nakamoto, but its true identity has yet to be confirmed. The white paper was released on October 31, 2008, under the title “Bitcoin: A Peer-to-Peer Electronic Cash System”.
Ripple
Ripple is a real-time gross currency (payment system) developed by Ripple Labs Inc. and is the world’s number three cryptocurrency by market capitalization. It was first published in 2012 and the original authors of its white paper are Arthur Britto, Ryan Fugger, and David Schwartz.
Classic Ethereum
Ethereum Classic (ETC) is a next-generation Distributed Ledger Technology (DLT) platform for a new Internet setup that unlocks large amounts of money (trillions of USD) in untapped fiscal surplus in the process. ETC and ETH have a token of value known as “ether and can be easily transferred from one participant to another. Ethereum classic was initially released on July 30, 2015 (which is about 4 years ago).
Chain
This is an Oracle distributed blockchain system. Cryptocurrency (LINK) has made it easy to conduct smart contracts that connect to real-world applications. The token was created by Sergey Nazarov and Ellis Steve in 2017. It is ranked 18th in the entire digital currency market.
0x (ZRX)
It is an open-source protocol that also offers smart contracts and liquidity services to enable P2P exchange of cryptocurrencies on ETH DLT. The cryptocurrency is ranked 41st in the entire cryptocurrency market.
Binance Coin
Binance Coin (BNB) is one of the most popular digital currencies in the world belonging to the Binance platform. It actually ranks 9th in the market. As of last year, a large number of companies around the world allow BNB as a means of payment. The coin was founded in 2017 by Yi He and Changpeng Zhao.
True USD
The currency is pegged to the US dollar, making it a stablecoin. TrueUSD is managed by TrustToken. The coin was founded in 2018 and is ranked number 42 in the cryptocurrency market.
Facebook Libra
This is a project from the online social networking service provider and US tech company. The cryptocurrency is expected to be fully implemented in the first quarter of 2020 and is believed to pose a major threat to Bitcoin, the original digital currency.
Electronic energy currency
E2C is a cryptocurrency that allows users to trade electricity economically and also aims to create a sustainable, free and safe (future) environment. In general, the token aims to lead the development of energy solutions for a lifetime.
Blocktrade (former Hedge project)
BTT is a digital currency that operates on the ETH blockchain platform. The coin was created in 2018 and is currently in the 619th position out of 5,063 cryptocurrencies (at the time of writing).
There is quite a bit of awe in there, but that could come from why we have some great white papers that you absolutely can’t find anywhere else.
Cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Binance (BNB) have been here for a couple of good years, but still people come back and visit their white papers to understand, research and discover new ones. information surrounding these giant tokens.
Also, the Binance white paper is the original 1.1 version of the white paper, which says that coins will be branded based on earnings or dividends, but that’s no longer the case. There are other giants that are looking to break into the digital currency industry. For example, Facebook is launching its own cryptocurrency known as Libra on the market and its white paper is expected to be among the most widely read. Chainlink (LINK), Ethereum Classic and 0x have also proved quite bullish and famous and the entire digital currency community is waiting to see how they will perform in this competitive market.
Additionally, True USD, Electronic Energy Coin, and Blocktrade also gained tremendous interest in 2019, which prompted investors and other participants in the digital currency industry to research them.
