Vitalik: Institutions Value Ethereum for Its Reliability—Ethereum Has Not Experienced a Single Second of Downtime in Ten Years

BlockBeats News, July 5 — In an interview with CNBC in Cannes, Ethereum co-founder Vitalik Buterin stated that people often assume institutions only care about "scalability" and "speed"—but in reality, the opposite is true. "Many institutions have told us directly that what they value about Ethereum is its stability and reliability, and the fact that it never goes down."

At the EthCC event, Buterin delivered a keynote speech outlining the next steps for the Ethereum network and the "values test" it faces as institutional adoption accelerates. He added that many institutions also inquire about "privacy" and other features aimed at the long-term future—these are the issues that institutions truly care about. Tomasz Stańczak, the newly appointed Co-Executive Director of the Ethereum Foundation, also noted that these core values are precisely why institutions choose Ethereum. "In the past ten years, Ethereum has never experienced a single second of downtime. Over a decade of continuous upgrades, it has always prioritized security and censorship resistance."

He added that when institutions place orders in the market, they want to be "100% certain their transactions will be processed fairly, without favoritism or discrimination, and executed precisely at the time of submission." As stablecoins and tokenized assets gradually enter the mainstream, this kind of deterministic assurance is becoming increasingly valuable in practice.