INSUBCONTINENT EXCLUSIVE:
More than 12,000 crypto coins are in circulation, including bitcoin, ethereum and tetherAs the world battled the coronavirus pandemic and
its impact on global supply chains over the past two years, a new way of trading arose
Investing in cryptocurrency came naturally to those who hitherto invested in stocks, which showed subdued demand and lacked much potential
The crypto market, though extremely volatile and unpredictable, touched new peaks, creating wealth for early movers
Although they have gained traction, many cryptocurrencies still face trust issues
And they may need some time to make people believe in their worthiness.Still, more than 12,000 crypto coins are in circulation, including
the leaders Bitcoin, Ethereum and Tether and the meme-based Dogecoin
However, many people see a potential for scam in the online medium of exchange or the technology vulnerable to hacking
So, it is necessary to have complete knowledge and regular updates about a coin before investing in it
But how do you get all the information that you need to know about a particular cryptocurrency? The answer to that question is a whitepaper
It contains historical performance and other data about cryptocurrency
A whitepaper also helps a coin differentiate itself from others.Apart from information, a whitepaper gives legitimacy and a professional
outlook to a crypto project
An elaborate whitepaper is encouraging, a badly drafted one is repulsive
the most lucid whitepapers remains that of Bitcoin
The paper was published in 2008 by Satoshi Nakamoto, a pseudonymous person or persons who is credited to have developed Bitcoin
He outlined the vision behind developing Bitcoin, the oldest cryptocurrency, which was launched in January 2009.
