Ethereum (ETH) co-founder Vitalik Buterin, who influences the market with his statements and posts, has made new announcements.
Accordingly, Buterin explained that Ethereum can be compared to BitTorrent and Linux.
Buterin stated that BitTorrent represents decentralization and scalability, while Linux exemplifies open-source software, public trust, and widespread adoption.
Vitalik Buterin described Ethereum as a peer-to-peer network that combines decentralization and large-scale scalability, much like the BitTorrent model, which gains momentum as more users join.
Buterin explained that ETH’s goal is to create a decentralized financial and social infrastructure where individuals and businesses can coexist without intermediaries.
At this point, Buterin stated that Ethereum could establish a decentralized ecosystem based on the BitTorrent model.
Buterin also added that Ethereum mirrors Linux in that it demonstrates how open and decentralized systems can be widely adopted by global businesses and governments.
Buterin emphasized that another goal is to create a financial and infrastructural foundation for individuals and organizations seeking a high degree of autonomy. This aims to unlock the full potential of the network without relying on intermediary institutions and to securely balance large-scale use at the corporate level.
*This is not investment advice.
