Every computation runs on every instance of Ethereum, yes. It is important to note that this is not a resource for distributed general computation - it's for r

Every computation runs on every instance of Ethereum, yes. It is important to note that this is not a resource for distributed general computation - it's for running smart contracts. Per the Ethereum development tutorial, "you will not be able to do anything on the EVM that you cannot do on a smartphone from 1999." https://github.com/ethereum/wiki/wiki/Ethereum-Development-Tutorial https://github.com/ethereum/wiki/wiki/Ethereum-Development-T... This is not a very good article - it's rather breathless and short on technical detail. In particular, calling it "the World Computer" is completely not what Ethereum will be capable of.