Vitalik Buterin Reveals the ‘Real Reason’ Users Prefer Ethereum – “It’s Not About Speed or Scalability…”

Ethereum co-founder Vitalik Buterin told CNBC in an interview in Cannes that institutional investors are choosing Ethereum not because of “scalability” or “speed,” but because of its stability and reliability.

“Many institutions tell us directly that they prefer Ethereum because it is stable, reliable and does not crash,” Buterin said.

According to Buterin, the fact that Ethereum has not experienced a single second of downtime in its ten-year history is a great source of confidence for institutional investors. In his opening speech at the EthCC event in Paris, Buterin discussed the future development direction of the Ethereum network and the “test of value” encountered during this period of accelerating institutional adoption. Noting that institutions are focusing on issues such as “privacy” in particular for the future, Buterin stated that these issues are much more important than the technical infrastructure of the system.

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