A white paper is a document by the team behind a crypto project that provides crucial information. It usually explains the concept, objectives, technology, and roadmap of the project. In crypto, it signifies a legitimate and professional project. For serious crypto projects, the document will be systematic, clear, and doesnβt contain grammatical errors.
A white paper is different from lite paper which is lighter, easier to understand, and displays information that is shorter. A good white paper usually has information about the goals and problems the project is trying to solve, the technology used, as well as complete tokenomics.
Proof-of-stake (PoS) is an algorithm for reaching a consensus that requires validators to stake a certain amount of a...