Was the Electoral College really intended as a device against tyranny of the majority?

In the wake of the American election there has been a lot of discussion on the Electoral College, which many say was created by the founders as a way for elites to keep a handle on the voting process. I've also seen some arguments, like [this one](https://www.facebook.com/prageru/videos/883270108382513/) that claim it was intended as a device against tyranny of the majority.

Both explanations seem valid to me in terms of the effect the institution actually has, but what do we know about the Founders' intent in creating the Electoral College?