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/biz/ - Business & Finance


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15035172 No.15035172 [Reply] [Original]

how do i get good at reading whitepapers and crypto-related terminology?
i went through the BTC whitepaper and by the end, i was completely dumbfounded as to wtf i just read.

>> No.15035180

>>15035172
Read the DeroGold whitepaper

>> No.15035211

>>15035180
kek at least that gave me a good chuckle

>> No.15035254

>>15035172
Read it again, learn the terminology.

>> No.15035255

>>15035180
fukken saved
I collect shit whitepapers, any other suggestions?

>> No.15035284

>>15035172
don't bother it's a waste of time, just look for the legit shills here and you will know what to invest in.

Buy ONE if you like money.

>> No.15035310

>>15035254
i tried to, but it's like there's a new technical term every half a sentence.
The solution we propose begins with a timestamp server.
"A timestamp server works by taking a hash of a block of items to be timestamped and widely publishing the hash, such as in a newspaper or Usenet post."
what the fuck? how do you publish a hash? how do you timestamp the block? what did he mean by this? (and by every other fucking sentence)
even if i look this shit up, i just come upon more and more unfamiliar terminology. just understanding wtf a hash is took me a while and i am still not sure i get it.
the occasional grammar mistakes don't help.
>>15035284
niggers like you are the reason why i am even bothering with this

>> No.15035334

>>15035172
Just pretend and use all the buzzwords like the rest of biz.

>> No.15035342

don't bother reading whitepapers. check their marketing team instead.

>> No.15035351

>>15035310
Go on youtube and find a nicely illustrated hand drawn stop motion video that is brainlet friendly. There's tons.

>> No.15035762

>>15035342
this

>do they employ women in relevant positions?
>do they employ any, and i mean any, groid?
>do they have brownies in leadership positions?
if yes to any of these, then give a hard pass

>are their devs autistic?
>is there memetic energy?
>are they capable of actual calculations?
if yes to any of these, then consider

>> No.15035769

>>15035762
>>are they capable of actual calculations?
How would he know if he can't even understand the bitcoin whitepaper?

>> No.15035798

>>15035172
Get a degree in comp sci

>> No.15035809

>>15035769
on how fancy the numbers look
if the other two stand, then the third is likely

>> No.15035814

>>15035172
>finding his way into the shithole of the clearweb
>doesn't know how to google buzzwords
?

>> No.15035819

>>15035172
OP, you are going to make it! 99% of /biz/ has never read a white paper

>> No.15035835

>>15035809
LONG LaTeX

>> No.15035906

>>15035172
>reading whitepapers
Never going to make it lol.
Just look at the logo, does it look like something that would appeal to normies? Same thing goes for the name, does it sound "cool"?

>> No.15035927
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15035927

>>15035835

>> No.15037159

>>15035284
>don't bother it's a waste of time, just look for the legit shills here and you will know what to invest in.
>Buy ONE if you like money.
>not a pyramid scheme
>investing in action
>brilliant

>> No.15037294

I would say take the FinTech course on Coursera but it’s taught by a bunch of boomer women who are amazed with blockchain technology and simultaneously unaware of how it works so they end up reading cue cards that don’t make sense. From what I understand the whole thing is very complicated and “open source” to deter people like Panjeet from figuring out how to scam people with it. Anything else to do with mining and hash is a bunch of nerd shit that couldn’t possibly be less interesting or comprehensible.

>> No.15037770

>>15035255
checked. what are your faves anon?

>> No.15037999

>>15035172
Better to start with an introductory explanation before jumping into whitepapers imo. The Bitcoin whitepaper is the first you should read, but SN wrote it for other chyperpunks who were already familiar with the concepts. There are a ton of layman explanations you can start with, just go on Google or YouTube. You won't get much from jumping into the technicals until you have a foundational understanding of the concepts and terms; then you can look into how the interact to create the revolutionary new paradigm that Bitcoin was/is. Expect a lot of googling and reading about specific terms in between. There's no shortcut for this if you actually want to understand what crypto/blockchain is all about

>> No.15038386 [DELETED] 

>>15035172
He literally told you it's like a newspaper, a hash gets widely puplished like today's news with the current time. Learn abstraction.

>> No.15038413

>>15035310
He literally told you it's like a newspaper, a hash gets widely puplished like today's news with the current time. Learn abstraction.

>> No.15038507

>>15035172
YouTube videos explaining common crypto terms, articles, courses, etc. it’s interesting anon, you will come to enjoy it.

But white papers aren’t nearly as important when deciding whether or not to throw money at something; plenty of technologically retarded coins with absolutely no future moon all the time (see: LINK)

More important is to look at marketing and memes, if there is a large social pressure to buy it, THEN you can think about tech and maybe even look at technical analysis to decide your buy in point.

Good luck!

>> No.15038553

>>15038507
couldn't be more plebbit if you tried

>> No.15038578

>>15038553
I’ve never used reddit before so I wouldn’t know. Care to tell us what the sites like?