Vitalik Buterin aimed to address Bitcoin's limitations by creating Ethereum as a platform specifically designed for building applications with advanced smart contracts, not just a currency.
Ethereum's innovative features enable developers to create self-executing agreements that go beyond basic transactions, thus facilitating a broad spectrum of technological advancements in various fields.
The limitations of Bitcoin's scripting language, such as lack of loops and value-blindness, hinder complex transaction handling and reduce the efficiency of smart contracts.
Buterin argued that Bitcoin's scripting language couldn't handle conditions on transaction amounts, necessitating cumbersome and lengthy code for innovative use cases.
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