Hey there!
So earlier today i made a post in which i combined the top cryptocurrencies whitepaper's into a word cloud. I soon realized how fun and interesting it actually was, so i decided to go further
I gathered the top 10 currencies by market cap including: BTC, ETH, BNB, ADA, DOGE, USDT, XRP, DOT, BCH and LTC.
I went more in depth in each of them.
-Each cloud contains the 50 most used words in each whitepaper
-The cloud excludes numbers and words such as: the, of, to, is, and, that, for, etc...
-Each coin will feature the top 10 most mentioned words alongside the number if times they were mentioned
___
Anyway, let's get to it:
Bitcoin - BTC
The Bitcoin whitepaper is much shorter than others nowadays, but the most important for sure
The whitepaper was taken from bitcoin.org/bitcoin.pdf
https://preview.redd.it/wupo1nj5sez61.png?2278&format=png&auto=webp&s=50cbdc039bde5cd928a2888179a4a8d4f4b92369
The top 10 words were:
transactions - 9
transaction - 8
chain - 7
timestamp - 7
solution - 6
proof - 6
coin - 6
mint - 6
electronic - 5
party - 5
Note: A lot more words were mentioned 5 times, but due to space i wrote the first mentioned ones
Ethereum - ETH
The Ethereum whitepaper mentions the name itself multiple times and mentions bitcoin 33 more times than bitcoins whitepaper itself
The whitepaper was taken from ethereum.org/en/whitepaper/
https://preview.redd.it/ugw774r6sez61.png?2278&format=png&auto=webp&s=ee1c7b195c663fc27713c1b558a952c6ed82ddc5
The top 10 words were:
block - 105
transaction - 104
ethereum - 92
contract - 74
bitcoin - 66
state - 63
one - 56
code - 54
protocol - 46
contracts - 46
Binance Coin - BNB
The BNB whitepaper includes the Binance exchange white paper, whoever i just took the BNB coin part of it. The aper also talked a lot about the BNB ico
The whitepaper was taken from whitepaper.io/document/10/binance-whitepaper
https://preview.redd.it/ho3qwff7sez61.png?2278&format=png&auto=webp&s=5d31d33cc73a95481914d057515752083fd69360
The top 10 words were:
bnb - 15
ico - 10
year - 9
binance - 8
mm - 8
july - 7
investors - 5
fees - 5
plan - 4
team - 3
Note: A lot more words were mentioned 3 times, but due to space i wrote the first mentioned ones
Cardano - ADA
ADA's whitepaper was more difficult to find as there are many different versions
The whitepaper was taken from whitepaper.io/document/581/cardano-whitepaper
https://preview.redd.it/ubpmtelbsez61.png?2278&format=png&auto=webp&s=9287df8afdbbda6d6c75eb2cd3f724e15e786587
The top 10 words were:
cardano - 89
protocol - 55
one - 52
cryptocurrency - 46
protocols - 43
value - 43
system - 42
cryptocurrencies - 39
use - 32
example - 31
Dogecoin - DOGE
The Dogecoin whitepaper is the shortest of them all, because, as the creator said, the coin was only made in 2 hours
The whitepaper was taken from github.com/dogecoin/dogecoin
https://preview.redd.it/wfym6i2bsez61.png?2278&format=png&auto=webp&s=80d9bd656b1e5ee28c403881c43932b133b5e636
The top 10 words were:
dogecoin - 25
block - 13
run - 11
development - 9
debug - 9
version - 7
code - 7
tests - 7
build - 6
reward - 6
Tether - USDT
No takeaways
The whitepaper was taken from tether.to/wp-content/uploads/2016/06/TetherWhitePaper.pdf
https://preview.redd.it/fh2jn2masez61.png?2278&format=png&auto=webp&s=ef41a13d955360241382901e0ba560a1f1bff701
The top 10 words were:
tether - 62
tethers - 57
fiat - 56
bitcoin - 52
users - 42
exchange - 32
currency - 31
one - 28
exchanges - 28
system - 24
Ripple - XRP
No takeaways
The whitepaper was taken from ripple.com/files/ripple_consensus_whitepaper.pdf
https://preview.redd.it/43e2mzx9sez61.png?2278&format=png&auto=webp&s=7c21e0da7d9ed90b7591b5bb0a7b819b9f86359c
The top 10 words were:
consensus - 89
nodes - 59
network - 51
unl - 34
transactions - 33
ripple - 28
agreement - 27
ledger - 26
correctness - 26
byzatine - 22
Polkadot - DOT
No takeaways
The whitepaper was taken from polkadot.network/PolkaDotPaper.pdf
https://preview.redd.it/y8clp959sez61.png?2278&format=png&auto=webp&s=436ef41ba85dd4530e718f22285478743dbab781
The top 10 words were:
parachain - 115
validators - 113
block - 108
polkadot - 90
data - 64
validator - 60
network - 59
relay-chain - 59
ethereum - 54
one - 51
Bitcoin Cash - BCH
Bitcoin Cash's whitepaper is the same as the Bitcoin whitepaper
If any of you can find the actual BCH whitepaper please let me know
Litecoin - LTC
The Litecoin whitepaper is also short, even shorter than Bitcoins's
The whitepaper was taken from whitepaper.io/document/683/litecoin-whitepaper
The top 10 words were:
https://preview.redd.it/8beiyvr8sez61.png?2278&format=png&auto=webp&s=d33bdc4df0fd54604406e25c78a4714449114634
Litecoin - 18
coin - 15
bitcoin - 15
source - 9
coins - 9
times - 8
block - 8
blocks - 8
without - 7
released - 7
ALL COINS
This is the word cloud of all of the above whitepapers combined
https://preview.redd.it/216bxe94tez61.png?2278&format=png&auto=webp&s=e4567c53b53e2cd8d8c8988e556dfdceb8c19166
The top 10 words were:
block - 240
transaction - 203
bitcoin - 183
consensus - 176
network - 170
protocol - 170
ethereum - 163
system - 149
transactions - 146
data - 138
This took a considerable amount of time so i really hope you've enjoyed this
Let me know your thoughts!
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