Vitalik Buterin: The preference of institutions for Ethereum comes from its stability and reliability.

[coin world][Vitalik Buterin: Many institutions value Ethereum because it is stable, reliable, and won't crash] The founders, developers, and some institutional giants of crypto assets gathered at the Ethereum Community Conference (EthCC) in Cannes, France. The institutional adoption of Ethereum is accelerating, with several financial institutions building directly on its platform.

Vitalik Buterin, co-founder of Ethereum, stated in an interview at Cannes that people think institutional investors only care about scale and speed—but in practice, the opposite is true. Many institutions express that they value Ethereum because it is stable, reliable, and does not experience downtime. They hope that future generations will look back and see a truly open, free, and permissionless network available to the public.

Tomasz Stańczak, the newly appointed co-executive director of the Ethereum Foundation, added that the core reasons for institutions choosing Ethereum remain the same. Ethereum has not stopped for a moment over the past decade. When institutions send orders to the market, they want to absolutely ensure that their orders are treated fairly, with no one having preference; trades are executed at the time of delivery. As stablecoins and tokenized assets become mainstream, these guarantees are becoming increasingly valuable.

ETH-4.45%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Share
Comment
0/400
staking_grampsvip
· 07-07 22:19
Vitalik Buterin said stability, tsk tsk I believe it.
View OriginalReply0
NeverVoteOnDAOvip
· 07-06 06:18
Stable and reliable, I agree.
View OriginalReply0
AirdropHunter007vip
· 07-05 11:26
What's with the downtime? It's always as slow as a turtle.
View OriginalReply0
RektDetectivevip
· 07-05 11:14
Has Vitalik Buterin gotten so fat?
View OriginalReply0
BearWhisperGodvip
· 07-05 11:13
Isn't stabilizing it nice?
View OriginalReply0
BloodInStreetsvip
· 07-05 11:13
Laughing to death, here we go again lifting the banner for the institutions, let's lift it a bit more...
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)