yellow paper

The Yellow Paper, also known as Yellow Paper, is a document that explains the technical details and principles of operation of a cryptocurrency or blockchain platform. It is one of the key components of a cryptocurrency project, alongside the White Paper, which describes the overall vision and goals of the project.

Role of the Yellow Paper

In the Yellow Paper, the project’s creators present more detailed information about the technology, protocols, algorithms, and other technical aspects related to a specific cryptocurrency. This document serves a similar function to a user manual, allowing participants in the cryptocurrency community to better understand how a particular project works.

Contents of the Yellow Paper

Typically, the Yellow Paper contains information about block structure, consensus mechanisms, communication protocols, cryptographic algorithms, and other details that affect the security and efficiency of a given cryptocurrency. It may also include threat analysis, problem-solving methods, and proposals for further development.

It is worth noting that not every cryptocurrency project has a Yellow Paper. However, if it exists, it represents a valuable source of knowledge for developers, investors, and other interested parties who wish to delve into the technical details of a particular blockchain solution.

Examples of Yellow Papers

Examples of well-known Yellow Papers include the Ethereum documentation, which describes the platform and Ether (ETH) – the second-largest cryptocurrency by market capitalization. Additionally, Bitcoin also has a similar technical document, although in the case of Bitcoin, we refer more to a Bitcoin Improvement Proposal (BIP) than a traditional Yellow Paper.

In summary, the Yellow Paper is an essential element of the cryptocurrency and blockchain ecosystem, enabling a better understanding of the technical details of a project. For individuals interested in deeper aspects of a specific cryptocurrency or blockchain platform, familiarizing themselves with the content of the Yellow Paper can be incredibly valuable.