"Ethereum’s #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 “smart contracts” need computations to be replicated on thousands and thousands of machines." Today 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. Drop some applause and explore the many other great posts from Hugo over at his Medium page and follow him on Twitter: https://medium.com/@hugonguyen/why-ethereum-architecture-is-flawed-d4eefd15db3e --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message