Ethereum Is a Planetary Scale Computer–For Gambling(breakermag.com) |
Ethereum Is a Planetary Scale Computer–For Gambling(breakermag.com) |
Even if it were secure, Ethereum already has a scale problem with the core dev team recently advising people to stop submitting new dapps because the system is already overwhelmed.
This design flies in the face of the open source, trusted app model where responsible IT organizes audit code before they run it -- or have it audited by outside parties. Solidity creates a bleeding hole on every computer that runs its blockchain and this alone (although there are other terrible problems, too) makes it unworkable.