$ETH What is a white paper?

A white paper is an official document published by a cryptocurrency project team to explain the project's idea in detail.

It serves as a guide for investors and developers to understand what the project offers and why it is different.

Typically includes:

The problem that the project aims to solve.

The proposed solution using blockchain or cryptocurrency.

The working mechanism or technology used.

Token details (Tokenomics): such as distribution, total amount, usage.

A roadmap for what will happen in the future.

Sometimes information about the founding team and advisors.

In simple terms: a white paper is a document you read to decide whether this project is worthy of your trust and money, or just a marketing illusion.