Vitalik: Institutions value Ethereum because of its reliability. Ethereum has never been down for a second in ten years. Ethereum co-founder Vitalik Buterin said in an interview with CNBC in Cannes that people often think that institutions only care about "scalability" and "speed" - but the reality is the opposite. "Many institutions told us directly that they value Ethereum because it is stable, reliable and does not go down." At EthCC, Buterin delivered a keynote speech, explaining the next development direction of the Ethereum network and the "value test" faced by institutions in the process of accelerating adoption. He added that many institutions also ask about "privacy" and other features for the long-term future - these are the issues that institutions really value. Tomasz Stańczak, the new co-executive director of the Ethereum Foundation, also said that the reason why institutions choose Ethereum is precisely because of these core values. "Ethereum has never been down for a second in ten years. It has been continuously upgraded for ten years, and it has always adhered to security and censorship resistance." He added that when institutions send orders to the market, they want "100% confirmation that their transactions will be processed fairly, without preferential treatment or discrimination, and executed accurately at the time of submission." As stablecoins and tokenized assets gradually become mainstream, such deterministic guarantees are becoming more and more valuable.
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