Etherpay: Decentralized Peer-to-Peer Payment Protocol

The Etherpay whitepaper was released by the project's core team in 2020, aiming to address the limitations of traditional payment systems and leverage blockchain technology to provide a decentralized payment solution.

The theme of the Etherpay whitepaper can be summarized as “Etherpay: Building the Future of Global Decentralized Payments.” What makes Etherpay unique is its proposal of a peer-to-peer payment protocol, combined with the Ethereum platform and smart contracts, offering economic incentive mechanisms and staking features to achieve efficient and secure payments. The significance of Etherpay lies in providing global users with a convenient, secure, and decentralized payment experience, significantly lowering the barriers and costs of cross-border payments.

Etherpay’s original intention is to create an open, neutral global payment network to solve problems in the traditional financial system such as low payment efficiency, high costs, and centralization risks. The core viewpoint presented in the Etherpay whitepaper is: by combining decentralized assets, smart contracts, and incentive mechanisms, it enables global instant payments without intermediaries, ensuring transparency and security of transactions.

Interested researchers can access the original Etherpay whitepaper. Etherpay whitepaper link: https://etherpay.tech/assets/documents/whitepaper_ehterpay_en_v2.pdf

Etherpay whitepaper summary

Author: Adrian Whitmore

Last updated: 2025-11-18 12:44

The following is a summary of the Etherpay whitepaper, expressed in simple terms to help you quickly understand the Etherpay whitepaper and gain a clearer understanding of Etherpay.

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Disclaimer: The above interpretations are the author's personal opinions. Please verify the accuracy of all information independently. These interpretations do not represent the platform's views and are not intended as investment advice. For more details about the project, please refer to its whitepaper.