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      "body": "I really appreciate it man.  I am going to be doing another video next week kind of covering the last few days and I would like to get your side of the story.  I put a line out to Richard to see if I could get him to talk about this, but I doubt he will.  I will keep you informed.",
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      "body": "Great video. You should see something in one of your wallets ;)\n\n-KOP2",
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      "title": "",
      "body": "@@ -800,16 +800,194 @@\n  slow.%0A%0A\n+Also, Richard had already mentioned about this block in one of his earlier videos last year, maybe that's why they didn't think it's a big deal and decided to thank you anyway.%0A%0A\n Otherwis\n",
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      "title": "",
      "body": "While I understand where you are coming from, I do not understand why after he thanked you, you are now expecting him to reply to you right away. I think it was good that he thanked you. But try to not expect him to reply to you immediately. He is a CEO, busy, and has a lot to deal with. You are not suddenly his only agenda in the day. He may probably reply to you when time is right.\n\nI also think ETN team/ CEO did well by thanking you because they had already known about this issue since about 2 weeks ago when NEXT Exchange notified them about this block issue. You can verify this if you contact the Next dev team or if you look over the Next telegram group where there was already a talk about it. That is why NEXT delayed their exchange launch as well. However, ETN team is just slow, very slow.\n\nOtherwise, I personally thank you for bringing this up to the public since it'd speed up the fix.",
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      "body": "Thats not a problem.  I made and posted the video already today but I would be interested in following up with you because I left a lot of things out and it seems that this is still evolving.  You can find my video about it here: https://steemit.com/cryptocurrency/@personanongrata/the-troubling-case-of-the-cult-of-electroneum",
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      "body": "Congratulations @kop2! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstvote.png)](http://steemitboard.com/@kop2) You made your First Vote\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstcomment.png)](http://steemitboard.com/@kop2) You made your First Comment\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstvoted.png)](http://steemitboard.com/@kop2) You got a First Vote\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstcommented.png)](http://steemitboard.com/@kop2) You got a First Reply\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstpost.png)](http://steemitboard.com/@kop2) You published your First Post\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png)](http://steemitboard.com/@kop2) Award for the number of upvotes\n\nClick on any badge to view your own Board of Honor on SteemitBoard.\nFor more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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      "permlink": "what-s-in-a-whitepaper-a-detailed-analysis-of-what-whitepapers-mean-for-cryptocurrencies",
      "title": "What's in a whitepaper? A detailed analysis of what whitepapers mean for cryptocurrencies.",
      "body": "@@ -4109,16 +4109,184 @@\n .org/)%0A%0A\n+A great way to summarize it is like this: *if someone skilled could recreate the technology from scratch, with just the whitepaper, it's probably a great whitepaper.*%0A%0A\n Next...%0A\n",
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      "permlink": "what-s-in-a-whitepaper-a-detailed-analysis-of-what-whitepapers-mean-for-cryptocurrencies",
      "title": "What's in a whitepaper? A detailed analysis of what whitepapers mean for cryptocurrencies.",
      "body": "@@ -7413,346 +7413,8 @@\n t.%0A%0A\n-If you liked this post, please consider sending me a small XRB tip: xrb_1zb713d9o55hi55r6d8y1ba3up6h5zdsb76o1e5m8wmdw7wc1qc967yj8cpx%0A%0AOr an XMR tip:%0A42kmZBqNN5ncKwCUsFLMPJEyMoUfeULufHGaTKna7vFs6ZHbgAQKnb4DnYYbJCUuakKGssBdk2negFxhqjWSFfLqBuUH2Ai%0A%0ARemember to look at the tip addresses anyone posts, so you can understand their biases. ;)%0A%0A\n -KOP\n",
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      "permlink": "what-s-in-a-whitepaper-a-detailed-analysis-of-what-whitepapers-mean-for-cryptocurrencies",
      "title": "What's in a whitepaper? A detailed analysis of what whitepapers mean for cryptocurrencies.",
      "body": "@@ -2968,16 +2968,189 @@\n erful.%22 \n+%0A%0A!%5BScreen Shot 2018-01-30 at 7.19.05 PM.png%5D(https://steemitimages.com/DQmPF9VQ3MXffriw9wwGXuaAjUSRLtEU6m5PefTwsgcdDZ1/Screen%2520Shot%25202018-01-30%2520at%25207.19.05%2520PM.png)%0A%0A\n And agai\n@@ -3151,16 +3151,21 @@\n d again,\n+ it's\n  a white\n",
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{
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      "author": "kop2",
      "permlink": "what-s-in-a-whitepaper-a-detailed-analysis-of-what-whitepapers-mean-for-cryptocurrencies",
      "title": "What's in a whitepaper? A detailed analysis of what whitepapers mean for cryptocurrencies.",
      "body": "Hello folks!\n\nI recently saw a thread on Reddit asking about what makes a good whitepaper. In this post, we'll go into detail about this very idea, as well as red flags you can find in whitepapers.\n\nA lot of people focus on whitepapers as an aspect of a cryptocurrency, and for good reason. It's the document that describes in a few short pages what *that thing does.* But often, a whitepaper can tell you more than you'd learn just by reading the words on the page.\n\n### THE GOOD \n\nLet's start with an example everyone knows about. [The original Bitcoin whitepaper.](https://bitcoin.org/bitcoin.pdf) It's short - just nine pages - but wonderfully well-written. \n\n![Screen Shot 2018-01-30 at 7.10.59 PM.png](https://steemitimages.com/DQmZ8bwjxiYVWKpa2xwswpNhRjBQaQCfm3wKz2Qwwh5wS6t/Screen%20Shot%202018-01-30%20at%207.10.59%20PM.png)\n\nIt's almost minimalistic, in that *it gets the point across without anything more than necessary.* This is important, and in fact, it's one of the signs of a great whitepaper.\n\nAnother whitepaper that I love is that of [IOTA](https://iota.org/IOTA_Whitepaper.pdf). \n\n![Screen Shot 2018-01-30 at 7.13.22 PM.png](https://steemitimages.com/DQmeJLrPQK5G2qqX2FVkUnvoZkrjn7xa6CG3qHZ6h4BnZB8/Screen%20Shot%202018-01-30%20at%207.13.22%20PM.png)\n\nUnlike Bitcoin's, it's *highly* elaborate, jam-packed with advanced mathematics and cryptography. In this way, it goes in a vastly different direction than the Bitcoin whitepaper, but it is also a great sign for the cryptocurrency itself. This whitepaper was not designed to market the coin. It was designed to describe *everything* the currency can do. My favorite part of the whitepaper has to be the deeply detailed \"Attacks\" section, which describes several possible attacks against the network, and how they are countered. This is a ***CRUCIAL*** part of any whitepaper, and IOTA does it beautifully.\n\nNext up is [RaiBlocks](https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf). \n\n![Screen Shot 2018-01-30 at 7.10.20 PM.png](https://steemitimages.com/DQmSnSdHC1C3UL36PgRWjQHuMsZVdtboVKYJBzBEU1GW75U/Screen%20Shot%202018-01-30%20at%207.10.20%20PM.png)\n\nIn general, this whitepaper is similar to IOTA's - an in-depth discussion of the features of the currency. Again, the \"Attacks\" section, which describes six possible attacks, is highly informative. There's no fluff and no marketing, just a detailed and technical analysis of what the cryptocurrency can do.\n\nWhat about the [Ethereum whitepaper](http://web.archive.org/web/20131228111141/http://vbuterin.com/ethereum.html)? Vitalik Buterin was *19* when he wrote it, and yet it's a masterpiece. \n\n![Screen Shot 2018-01-30 at 7.08.46 PM.png](https://steemitimages.com/DQmcWzQLx8qVShGYSvM3MJoBf3efPme7DsZ7EVsu7aNvazF/Screen%20Shot%202018-01-30%20at%207.08.46%20PM.png)\n\nIt's crude - only one step up from ASCII - but as soon as you read the \"Examples of what contracts can do\" section, that's the moment of \"holy crap, this is powerful.\" And again, a whitepaper with no marketing.\n\nFinally, take a look at the [CryptoNote whitepaper.](https://cryptonote.org/whitepaper.pdf) It was written by \"Nicolas van Saberhagen\", who wanted to create the first private cryptocurrency. He was also a scammer, who premined 84% of Bytecoin... but at least he was good at writing papers. \n\n![Screen Shot 2018-01-30 at 7.06.00 PM.png](https://steemitimages.com/DQmXCPeKNJ6LCKKKRgLwnh4zQ7FMYkEtn4HmJCgaKNiWjq1/Screen%20Shot%202018-01-30%20at%207.06.00%20PM.png)\nAgain, that first impression is very important. It looks academic!\n\nThis one is highly technical - *as a whitepaper should be!* - but it leans more towards the minimalism of the original Bitcoin paper. The general tone of the paper is \"how do we fix Bitcoin?\", which I find truly intruiging. The protocol that this paper introduced eventually grew into Monero, whose Monero Research Lab has also written [six excellent papers.](https://lab.getmonero.org/)\n\nNext...\n\n### THE BAD\n\nLet me first say that *I do not have any financial reason to attack these cryptocurrencies.* But by analyzing their whitepapers at a basic level, you'll start to see why they might be sketchy.\n\nFirst, let's look at Verge's whit-err... [blackpaper](https://vergecurrency.com/assets/Verge-Anonymity-Centric-CryptoCurrency.pdf). Why is it called that? I don't know. \n\n![That's so edgy, man.](https://steemitimages.com/DQmRPCveQTG8qYHtYHcWRUY5PbPRgbabp4bxgv2PkdLRHKu/Screen%20Shot%202018-01-30%20at%207.04.19%20PM.png)\n\nBut the fact that they chose not to call it a whitepaper worries me in itself. The first page looks like a marketing graphic, declaring \"Verge: The most privacy focused cryptocurrency.\" The rest of the pages each have the Verge logo watermarked on them, which makes it seem like a marketing document. There's only one mathematical formula in the *entire whitepaper*, and it contains an entire section describing Electrum, which is a wallet that wasn't even originally designed for Verge! Lastly, the highly important \"Attacks\" section just isn't there - again, for marketing. Why would you talk about potential attacks if your goal is to market your coin, rather than advance the technology of cryptocurrency?\n\nBasically, the Verge 'blackpaper' isn't technical, and it fails to show any true innovation by the currency. In effect, it's a PowerPoint presentation slapped onto a PDF. This should worry you.\n\nNext, [NavCoin](https://www.navcoin.org/files/navtech-whitepaper-beta-v0.9.pdf). \n\n![Screen Shot 2018-01-30 at 7.14.19 PM.png](https://steemitimages.com/DQmdMZYL9hX7drVPdhQdLMHdUsFkjC2uQ8BdRF18C8Z7KL1/Screen%20Shot%202018-01-30%20at%207.14.19%20PM.png)\n\nAgain, it *looks* good. This is a recurring theme with whitepapers of coins like this: it's a marketing piece.\nBut take a deeper look and you'll find a few worrying things:\n\n- Not a single mathematical formula in the entire paper.\n\n- No references.\n\n- It makes unverifiable statements, such as:\n\n> The security protocols we employ are impossible to circumvent, and the system is \nunable to send anything other than legitimate transactions.\n\nNo one can guarantee that your security protocols are completely secure. That would be ludicrous.\n\nThe all-important \"Risks\" section is a mere 90 words. Again, this is a project focused on marketing, rather than technology.\n\n![Screen Shot 2018-01-30 at 7.14.28 PM.png](https://steemitimages.com/DQmPfNGioAGMGqAZVYEhNbmU14pFEWaTPv9amorQdgZXo9L/Screen%20Shot%202018-01-30%20at%207.14.28%20PM.png)\n\nAnd finally, ***there are no references.*** You should see any whitepaper with no references as an immediate red flag.\n\nLet's get to the conclusion of this.\n\n**You can learn a lot about a project just by looking at the whitepaper.**\n\nIn summary, a good whitepaper:\n\n+ gets the point across\n\n+ does not market\n\n+ is highly academic\n\n+ describes attacks against the cryptocurrency, and how they are countered\n\n+ describes the mathematics and cryptography adequately and technically\n\nAnd a bad whitepaper:\n\n+ looks like a PowerPoint presentation\n\n+ doesn't describe the mathematics\n\n+ lacks references\n\n+ tries to cover for a lack of innovation.\n\nI hope you've learned something from reading this, and I'd love to hear your opinion, whether you agree with me or not.\n\nIf you liked this post, please consider sending me a small XRB tip: xrb_1zb713d9o55hi55r6d8y1ba3up6h5zdsb76o1e5m8wmdw7wc1qc967yj8cpx\n\nOr an XMR tip:\n42kmZBqNN5ncKwCUsFLMPJEyMoUfeULufHGaTKna7vFs6ZHbgAQKnb4DnYYbJCUuakKGssBdk2negFxhqjWSFfLqBuUH2Ai\n\nRemember to look at the tip addresses anyone posts, so you can understand their biases. ;)\n\n-KOP2",
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