Vitalik: Institutions value Ethereum for its reliability; Ethereum has never experienced a single second of downtime in its ten-year history

July 5th. During an interview with CNBC at Cannes, Vitalik Buterin, a co-founder of Ethereum, stated that it is often believed by people that institutions only focus on "scalability" and "speed". However, the reality is quite different. "Many institutions have directly informed us that the reason they attach importance to Ethereum is because it is stable, reliable, and does not experience downtime." At EthCC, Buterin delivered a keynote speech, outlining the next steps in the development of the Ethereum network and the "values test" faced during the process of institutional adoption. He also added that many institutions inquire about "privacy" and other aspects oriented towards the long-term future - these are the issues that institutions truly value. Tomasz Stańczak, the newly appointed Co-Executive Director of the Ethereum Foundation, also stated that the reason why institutions choose Ethereum is precisely because of these core values. "For ten years, Ethereum has never had a single moment of downtime. During ten years of continuous upgrades, it has always adhered to security and resistance to censorship." He further stated that when institutions send orders to the market, they want to "be one hundred percent certain that their transactions can be fairly processed, not favored or discriminated against, and executed accurately at the time of submission." As stablecoins and tokenized assets gradually enter the mainstream, this kind of deterministic assurance becomes increasingly valuable.