A white paper is a document providing detailed information about how a blockchain project operates. This paper describes the technical side of the project thoroughly, as well as gives an in-depth insight into the current market situation, growth forecasts, and terms of token issuance and usage. It also includes the lists of team members, investors, and project advisors.
The most popular white paper is that of Bitcoin—Bitcoin: A Peer-to-Peer Electronic Cash System—which was published on October 31, 2008, by Satoshi Nakamoto. The idea of Bitcoin is outlined in nine pages and resembles more of an academic paper.