What is Ethereum? Ashton Kutcher, Mila Kunis and Vitalik Buterin explained the basics

Actor and venture capitalist Ashton Kutcher posted a video on Twitter in which he, his wife Mila Kunis and the Ethereum founder Vitalik Buterin talked about Ether and other blockchains.

In the beginning, Kutcher asks his wife about the basic concepts of the cryptocurrency industry, such as “cryptocurrency, blockchain and decentralization.” Then Kutcher asks for a definition of what Ethereum is. And Vitalik Buterin gives a short but detailed answer to this question:

“Ethereum is a general-purpose blockchain. Unlike other blockchains that are just designed for one application, like Bitcoin, which is designed to run digital money, Ethereum is an open platform that allows people to build their own applications on top. And anything built on top of Ethereum is protected and secured”. 

According to Buterin, everything is checked by the entire network of thousands of computers around the world. They’re protecting and checking every transaction on the blockchain. But, as it’s supported by the programming language, developers have no boundaries about the things that can be actually created on Ethereum. 

“So you can use Ethereum to make cryptocurrencies or NFTs, or many other kinds of things”.

Kutcher just said: “Yes, that makes sense.”

The post with the attached video has some links and hashtags that may have been added to promote Mila Kunis’s “Stoner Cats” series of nonfungible tokens.

Buying Stoner Cats NFT, people also get access to the streaming episodes of Mila Kunis’s animated series of the same name, which bills itself as “the first NFT animated series”.

Earlier, in an appearance on Lex Friedman’s podcast, Ethereum co-creator Vitalik Buterin revealed that he received over $4 million from a $25,000 investment in Dogecoin. But he donated all this to charity.

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