Vitalik: Institutions choose Ethereum not because of its speed, but because of its stability, reliability, and no downtime

CoinRank News: At the Ethereum Community Conference (EthCC) held in Cannes, France, Ethereum co-founder Vitalik Buterin said in an interview that many institutions do not pursue scalability and speed, but rather value the stability and reliability of Ethereum. He pointed out that many institutions have clearly told us that they chose Ethereum because it is stable, reliable, and will not go down, and emphasized that long-term features such as privacy are the features that institutions really value. Vitalik also said on the main stage of the conference: We dont just want to succeed, we want to be a network that deserves success. He hopes that in the future people will regard Ethereum as a model of a network that truly achieves open, free and permissionless access.