The founder of Ethereum Vitalik Buterin said that the second capitalization of cryptocurrency appeared in the quest to solve the functionality of bitcoin. In an interview with Business Insider, the programmer said that the experience of cooperation with the team of bitcoin has led him to the creation of more efficient blockchain.

According to Buterin, bitcoin is similar to an ordinary calculator allows you to perform only one function. While Ethereum can be compared with modern and technologically advanced smartphone that supports a wide range of applications, performing various functions, including the calculator.

Buterin sure that the blockchain serves not only as a p2p service for the exchange of digital currencies, but also offers great opportunities to create other complex and interesting mechanisms.

Previously, the Creator of Ethereum had an argument on Twitter with a famous computer programmer Pierre Rocard due to the fact that the second has placed in his microblog post, which describes the ideal model of a stable currency with the bitcoin chart.