Ethereum Has Handled Trillions, But SUI Co-Founder Says It Was Never Built for What Crypto Actually Needs
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The post Ethereum Has Handled Trillions, But SUI Co-Founder Says It Was Never Built for What Crypto Actually Needs appeared first on Coinpedia Fintech News Sui co-founder Evan Cheng has a simple argument. Whether crypto is ready to hear it is another matter. He has seen these systems from the inside. So when he says Ethereum and Solana are built on a flawed foundation, it lands differently than the usual founder noise. It All Starts With a Spreadsheet His argument begins somewhere disarmingly simple. Ethereum, at its core, is a ledger, a giant digital spreadsheet. Address A has 10 USDC. Address B has five. Money moves, numbers change. That is genuinely all it is. For shifting identical tokens between wallets, it works fine. It has worked fine for a decade. The problem, Cheng argues, is that the real world does not behave like a spreadsheet. The House That Changes Everything Consider a house. On the day you buy it, it looks like every other house on the street, same value, same structure. But ten years later it is completely different. You renovated. The neighbourhood changed. A development went up next door. The house has a history now, a specific identity, relationships with things around it. It is not interchangeable with anything else. Ethereum’s ledger was never designed for that kind of asset. It was built for coins, uniform, static, identical. Anything more nuanced gets bolted on as an afterthought, and it shows. The Static Web Problem The internet parallel is uncomfortable for Ethereum bulls. Early websites were static pages — digital brochures that could display information but couldn’t remember you, respond to you, or change. Companies that tried to force dynamic experiences onto that static architecture mostly failed. The ones that built for complexity from the ground up, Google, Amazon,…
Filed under: News - @ March 6, 2026 4:28 pm