The largest Altcoin Ethereum $2,074.03Founding partner of (ETH) Vitalic Botterabout 12 hours ago, 250 pieces of ETH (approximately 500 thousand dollars worth) by making a transfer of the crypto currency world attracted the attention of the world. The transfer was made through Railgun, a privacy -oriented protocol. Butter, which has a respectable place in the crypto currency market, is known for frequent use of such protocols. His previous transfers were usually for help. This caused rumors that this last transfer could be for philanthropy.
Details of Buteterin’s ETH transfer
This latest transfer process by Buteterin Ethereum’s Blockchain Gezgini Etirscan recorded by. According to the records, Butterin transferred 250 ETH to the Railgun protocol, which provides privacy and anonymity.
Railgun The protocol provides anonymity by keeping users confidential on blockchain. Butter’s preference of this kind of privacy protocols, as well as personal security, aims to protect the privacy of the recipients of donations.
The fact that similar transfers in the past clearly shows the confidence of Ethereum’s founding partner in this protocol. Butterin, known to prefer privacy protocols especially while engaging in aid activities, skillfully establishes the balance between transparency and privacy. However, it should be noted that the real purpose of the last transfer is not yet finalized.
Philanthropy activities in the crypto currency world
Crypto currency worldphilanthropist attempts are among the frequently encountered activities. Butterin is considered one of the pioneers of philanthropy trend. Previously, India came to the agenda with donations to the COVID-19 epidemic and donations to regions with earthquake disasters.
It is known that Butter’s donations often make his donations clearly, but instead of privacy -oriented protocols. There are several reasons why Ethereum’s founding partner donated with this method. First of all, it does not risk buyers’ personal information. It also prefers to remain lower profile in terms of its safety. This strategy becomes a way of the crypto currency world preferred by other wealthy names.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
