But Ethereum&#x27;s raison d&#x27;etre is &quot;X for the blockchain&quot;.<p>VISA does 56,000 tps.<p>So it&#x27;s really simple. How are you going to hit 56,000 tps on the blockchain. The Bitcoin community, which is far bigger and generally more experienced than Ethereum&#x27;s just spent 18 months vigorously debating this question. Do you suggest Ethereum has come up with a better answer?<p>And the criticism here is around the selling point of Ethereum: &quot;everything goes on the blockchain&quot;. You&#x27;re telling me after 18 months of debate, the best you&#x27;ve got to say about that is: &quot;an account based architecture&quot;?<p>What is it about widgets fully encapsulated in a blockchain-native smart contract on Ethereum that makes it so much more scaleable than a similar widget on Bitcoin&#x27;s blockchain?