"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

In the context of Part 2, knowing that the true value of decentralization is in breaking rules, Simon Morris now explores the consequences of a systems "intent," the incredible complexity and balance it requires to sustain them, & the paradox of making changes to a system whose power resides in its capacity to resist change.  Listen to Part 3 of Simon's series on the lessons we can learn from BitTorrent. Lets see if we can't add 300 claps to Simon's series by heading over to the original article and going trigger happy on the applause button at: https://medium.com/@simonhmorris/intent-complexity-and-the-governance-paradox-bittorrent-lessons-for-crypto-3-of-4-1d14ac390f3f --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message