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"Ethereum\u2019s #1 problem is not a problem of product-market-fit but one of engineering soundness. Ethereum architecture is based on a flawed and unscalable idea: it assumes that \u201csmart contracts\u201d need computations to be replicated on thousands and thousands of machines."\n\nToday we cover Hugo Nguyen's Twitter-thread-turned-blog-post on the flawed fundamental philosophy of the Ethereum system and what the core value provided by a public blockchain network really is.\xa0\nDrop some applause and explore the many other great posts from Hugo over at his Medium page and follow him on Twitter:\nhttps://medium.com/@hugonguyen/why-ethereum-architecture-is-flawed-d4eefd15db3e\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message