Related Reading | Commercial Paper Reserves Of Tether Under Heavy Regulatory Scrutiny
From what we gathered, the video aims to educate newcomers about Ethereum cryptocurrency. When the video started, we could see Kutcher asking Kunis to explain some basics of crypto and its underlying blockchain technology. Mila Kunis offered a short definition of both blockchain, crypto, and decentralization. Afterward, Kutcher asked Buterin, who was sitting at the right side of the table, to describe Ethereum. Then the Ethereum founder started to explain the crypto in an all-encompassing manner.ETH has been on an uptrend journey for the past week but now it's in the red zone as BTC falls |He started from the fundamental components and mentioned the differences between the smart contracts protocol and other single-purpose chains. Buterin even used Bitcoin to exemplify his points.
Vitalik Buterin Explains Ethereum
According to Buterin, Ethereum is a multipurpose blockchain where developers can build different applications without hassles. The protocol is secured and protected by thousands of computers all over the world. This means that any project based on its platform is also secured.Related Reading | South Korea Narrows Down 11 Cryptocurrency Exchanges To Shut Down
The hashtags and links to the video show that the aim is to promote a series of NFTs called “Stoner Cats.” For instance, anybody who buys the NFT gets access to the Kunis animated series bearing the same name as the token. According to our source, the series is tagged “The first NFT animated series,” and people with access can stream it. Regarding the actor’s participation in NFTs, we gathered that he digitalized & incinerated an artwork that many thoughts were terrible. This was last year in August, and his explanation about it was to assist ecological charities. Apart from the artwork, Kutcher’s A-Grade Investment firm had supported some crypto firms, BitPay and BitGo, in 2013 and 2014.Featured image from Pixabay, chart from TradingView.com