WhitePaper has been updated once more, here is our abstract.
Satoshi Nakamoto had to release Bitcoin as a Distributed Ledger because it needed to be since at the time of its creation there was no Decentralized Virtual Machine created to be able to store and secure the Ledger in. For this reason there is a Consensus Mechanism to validate the transactions that partake in the Distributed Ledger. After the creation of Ethereum or the First Decentralized Virtual Machine the concept of a Distributed Ledger was not to be needed anymore as a Secured Environment was finally created to be able to store the Ledger in. It can be said that Ethereum blindly followed the use of the Distributed Ledger and any/all Blockchains using a distributed ledger after the creation of a Decentralized Virtual Machine is also blindly following this concept. For this reason no Cryptocurrency has been able to achieve true privacy not even any current Privacy Coins out at the moment, whether it is Monero, DeepOnion or any others as they are required to mix the transactions in with others in order to be able to hide as best as possible who the true sender is. The reason being that transactions that partake in the blockchain have to be publicly broadcasted in order for users to ensure that the third parties presented in a Distributed Ledger are uploading the validated ledger in which was agreed upon and that the ledger has not been tampered or altered by these Third Parties even if they are "trustless".