Well, the "whole Ethereum network" doesn't really matter. What matters are the handful of Ethereum nodes run by pools that currently represent a majority of min

Well, the "whole Ethereum network" doesn't really matter. What matters are the handful of Ethereum nodes run by pools that currently represent a majority of mining power. Sure everyone else runs the code to verify the output but that's trivial. You can do that for any deterministic application you have the source code to. The important thing for most applications is ordering the inputs which boils down to: Which nodes did you select and how does your application come to consensus? With Ethereum, your selection is made for you: around 10 nodes have more than 1% hashing power and even among those, they are very unevenly weighted - three of them have a majority. With Codius, host selection is up to you, so you can select 10 nodes with even weighting or 100 nodes or whatever you're willing to pay for. As for the consensus algorithm: proof-of-work has some terrible characteristics (need to wait for multiple blocks, random block intervals, expensive, subject to front-running.) You can get a much better performing system using a BFT consensus protocol like Honeybadger. Edit: Sorry, this reply sounds a bit harsh / dismissive of Ethereum. That's not what I intended. After eight years in blockchain I just get frustrated when people assume that just because they don't know who they are actually trusting that that means the system is "trustless". It's not, no consensus system is. In fact, I would argue that any system where people aren't aware of who they are trusting is going to be worse in the long run because nobody is paying attention to the governance of that system.