Blocks chain white paper What does it mean? White Paper change how to write?

First, the White Paper
called White Paper refers to the beginning of a major report in a white cover binding published by the government another name. Because on behalf of the Crown, so pay attention to the facts are clear, stand clear, writing rules, concise text, but with a sense of authority. Now, the company reported the official specification published by the White Paper will have to say. But relative to other name for the file, still represents the authority and importance.

White Paper chain block, block chain project is the official show business models, technical strength and ability of the team, promising to report to the market, which is the project business plan. First block chain white paper is published by the Central Satoshi "Bitcoin: a peer to peer electronic cash system." Thereafter, all items on the line will be expressed in the form of a white paper.
Second, the characteristics of the White Paper
blocks chain white paper four significant features:
1, the official, and is the company official government documents;
2, the importance of the project have any white paper as a support
3, normative, white papers, pay attention to the facts are clear, stand clear , writing rules;
4, a significant need to introduce specific analysis of enterprise and initiative, as well as future directions and plans.
Only these four conditions are met, can be regarded as a qualified block chain plan.
Investors judge the quality of a project, often to the White Paper as an important reference. In other words, with the white paper, you will understand the basic conception of the project, the allocation can be resolved, technical methods, business models and interests, all of the information future plans and so on.
Third, the composition of the white paper

part qualified project white paper block chain:
1. The original intention and vision (as important): Why set up this project? What is the ultimate purpose is?
2. solve the problem (very important): ecological future, to fall to the ground scenarios. This project has no need to use block chain. There is no need to the center.
3. Technical principles, technical innovation (very important): Essentially belonging block chain cryptography, computer science, mathematics collection. This is a very technical thing. If a team is not technology, the basic need to look at this project. What technical architecture depends on the use, whether on the basis of previous innovations.
4.Token token issuance mechanism, equity distribution (particularly important): Total tokenwww.kaifx.cn, how to allocate, how to distribute, public offerings, private placements, or dropped? Lock period, with or without issuance, use of tokens and so on. More reasonable position is purely an internal project staff held to less than 25%.
The core developers, operations staff (very important): Searching core personnel information, background or without a computer, with or without cryptography background. Founder is more important than the project itself.
6. Other: including consultancy, project planning road map (as important): on-line time consultant team, the main line time online, exchange. The basic platform of garbage star project. Roadmap: Before doing, what now? Coming to do? Whether you have done before and are now planning.
Fourth, the first White Paper
2008, November 1, Nakamoto of "Bitcoin - a peer to peer electronic cash system" block chain is the world's first white paper, also marks the underlying technology area Bitcoin block chain was born. In this white paper, Nakamoto his rigorous intellect language describes a new digital currency system and clear description of what the purpose of this project is - in the absence of central authority to resolve the situation, the total amount of constant issuance and circulation of currency. Through such a white paper, Bitcoin has become a project can continue to run.
Fifth, the significance of the white paper

a white paper block chain projects, on the display of the project, to show the market its business model, technical strength and ability of the team, vision, and so on. This is investors judge the merits of this project is good or bad, very important basis, too, the strength of the block chain project team, a comprehensive show. For investors, the white paper block chain project can provide most of the information about the project, to help them make a valuable investment decisions. For the project team, writing a white paper block chain project-financing can lay a very good foundation for the project public.
Sixth, the White Paper on how to write block chain project?
White Paper on a block chain project generally contains the contents of the following four areas:
• Summary
• Design principles and concepts
• Project specific embodiments
• Project Prospect
1, project summary
Abstract white paper inside very important, it is briefly summarizes the entire white paper, telling the reader what this project wanted to do? What can solve the problem? by what method to solve? white paper is the first to write a summary written a very strict, rigorous paper is a summary of this is academic style. Nakamoto wrote in the White Paper: a need for third-party electronic payment systems to support the point is of no value, two major problems to be solved Bitcoin system, is a decentralized p2p system, a payment is to be solved the double flowers problems, so the entire white paper mentioned technical solutions will revolve around these two issues.
So, at the time of writing the White Paper must be, these points indicate the following: the reality of what the problem was found to solve this problem by what method What is the main technology used is what this technology is the main advantages and disadvantages before you start the following???? the project description.
2, the design principles and concepts
mainly includes six aspects:
First, industry background
to introduce the industry's Project Background What is the status of outstanding projects in the White Paper will make readers even if not engaged in this industry, but also through the introduction? We can have a more clear understanding of the industry.
Second, the design reason
is mainly to answer this block chain development project in order to solve any kind of problem? Why this project must use technology to solve the block chain, it solves the problem of what pain points in the industry.
Third, the design principle of
this project follows the principles which have followed the block chain of? To the center, to trust, openness and transparency, encryption security, collective defense, reliable database, privacy protection, etc. What are the characteristics.
Fourth, the product model and the overall architecture
of the project in the overall framework of how to articulate clear out, allowing readers to this project from the bottom to the application, there is a very clear understanding. For example, the overall architecture of EOS's White Paper stated algorithm to build a consensus, account-related processing, token model and use the virtual machine using scripts and other parts of the architecture is relatively clear.
Fifth, technological innovation
project which uses innovative approaches to address the pain points the problems in this industry. Generally speaking, the more serious problem of the industry, the more difficult to solve, then there is the greater value of this project. Here it is clear why this project must be resolved through block chain, where its advantages?
Sixth security policy
because the project to build the block chain based entirely on mathematics, security has always been the core issue block the project. A block chain project what kind of security policy is critical, usually block chain security to achieve this through the following points: a unique hash, cryptography, security, authentication, decentralized distributed design , transmission security, and so on.
3, particular embodiments of the project
also includes six major areas:
first, the consensus mechanism
can be said that the consensus mechanism block chain determines the prospects of space for this project. About this section we repeatedly think of previous articles, this is a very critical issue.
Second, the model accounts
on the user account is a problem of great concern to investors and users, so you must get the message about the project accounts processing, account privileges, delayed verification, recovery of stolen information such as specific description.
Third, the project ground
is progress and development roadmap for this project. Investors through this road map can clearly know where to step up the development of the project, there is no delay or advance.
If the project is not currently any landing of progress, technical strength in general, but gives a very aggressive schedule, then it is worth wary.
Fourth, resources docking
Project White Paper to clearly explain what the project resources background. The strength of the resources, the more favorable schedule later in the project. This is a very critical factor to determine whether the smooth progress of the project.
Fifth, ecological incentives
eco-incentive project is different from the block chain of a very unique part of other non-block chain project. Only a good ecological incentives to be able to make the project a complete block chain continued to run. A good project should be detailed ecological incentives for this project, and clear and specific instructions during the operation of this mechanism. For example, in Bitcoin White Paper, the incentive system Bitcoin block method it is through incentives and rewards such as transaction costs to ensure the continued operation of the project, which is a relatively benign ecological incentive process.
Sixth, Token with crowdfunding
a block chain project if token, then you have to describe this part. token release the total amount of liquidity, private equity ratios and lifting of the ban period, the proportion of crowdfunding, team hold percentage and lifting of the ban period, marketing and so must be made to the force described in detail. Through this section allows us to understand the views of the project team in the end is how, project parties are eager to cash or want to make a solid long-term project.
4, the project outlook
related to Wallets, exchanges, self-defined terms of the agreement, contract intelligent, smart attributes, autonomous organization, social networks, market prospects in such areas after the last line on the white paper but also on the project, and this project the development of a simple idea. If a block investment projects, not even the White Paper does not read it, do not read just buy stocks earnings is exactly the same. It can be said, read do not read the white paper is a measure of a very important aspect of a person is not a value investor.
Block chain technology is considered after the Internet and next-generation technology to subvert the times. If the Internet has revolutionized the way information is passed, then the block chain as a new communications medium will change the value of the spread of people's existing way of life.