diff --git a/README.md b/README.md
index eb57538e..dd3606a3 100644
--- a/README.md
+++ b/README.md
@@ -7,7 +7,11 @@ Yet Another way to use Windows VST2 plugins in Linux VST hosts.
 There are a few things that should be done before making this public, including:
 
 - Document and improve the installation and updating procedure.
-- Document the project setup and the way communication works.
+- Finish documenting the project setup and the way communication works. In
+  particular we're missing the wait void pointers in the event dispatchers are
+  handled and how the AEffect struct gets synchronized. I should probably also
+  rewrite some parts of it to make it clearer.
+- Swap out msgpack for Bosot.Serializaton and update the architecture section.
 - Document what this has been tested on and what does or does not work.
 - Document wine32 support.
 - Add proper debugging support activated using an environment variable.
@@ -36,3 +40,74 @@ ninja -C build
 When developing or debugging yabridge you can change the build type to either
 `debug` or `debugoptimized` to enable debug symbols and optionally also disable
 optimizations.
+
+## Rationale
+
+I started this project because the alternatives were either unmaintained, not
+self-contained or very difficult to work with. With this implementation I'd like
+to prioritize maintainability and correctness, even if it would cause slightly
+more overhead than a more optimized solution would. Please let me know if you
+have any suggestions on how to improve this!
+
+## Architecture
+
+The project consists of two components, a Linux native VST plugin
+(`libyabridge.so`) and a VST host that runs under Wine
+(`yabridge-host.exe`/`yabridge-host.exe.so`). I'll refer to a copy or symlink of
+`libyabridge.so` as _the plugin_, the native Linux VST host that's hosting the
+plugin as _the native VST host_, the Wine VST host that's hosting a Windows
+`.dll` file as _the Wine VST host_, and the Windows VST plugin that's loaded in
+the Wine VST host is simply the _Windows VST plugin_. The whole process works as
+follows:
+
+1. Some copy of or a symlink to `libyabridge.so` gets loaded as a VST plugin in
+   a Linux VST host. This file should have been renamed to match a Windows VST
+   plugin `.dll` file in the same directory. For instance, if there's a
+   `Serum_x64.dll` file you'd like to bridge, then `libyabridge.so` should be
+   renamed to `Serum_x64.so`.
+2. The plugin first attempts to locate:
+
+   - The location of `yabridge-host.exe`. For this it will first search for the
+     file either alongside plugin. This is useful for development, as it allows
+     you to use a symlink to `libyabridge.so` from the build directory causing
+     yabridge to use the corresponding `yabridge-host.exe` from the same build
+     directory. If this file can't be found, it will fall back to searching
+     through the search path.
+   - The wine prefix plugin is located in
+   - The corresponding Windows VST plugin `.dll` file.
+
+3. The plugin then sets up a Unix domain socket endpoint to communicate with the
+   Wine VST host somewhere in a temporary directory. I chose to use Unix domain
+   sockets rather than shared memory to avoid having to do manual
+   synchronization and because it makes it easy to handle different kinds of
+   events asynchronously. Since the Wine VST host can't access the Linux VST
+   host's memory we would have to copy audio buffers in either case.
+4. The plugin launches the Wine VST host in the detected wine prefix, passing
+   the name of the `.dll` file it should be loading and the path to the Unix
+   domain socket that was just created.
+5. Communication gets set up using multiple sockets over the same end point.
+   This allows us to use blocking read operations while handling a certain event
+   type to avoid receiving messages out of order. The following types of events
+   get assigned a socket:
+
+   - Calls from the native VST host to the plugin's `dispatch()` function. These
+     get forwarded to the Windows VST plugin through the Wine VST host.
+   - Host callback calls from the Windows VST plugin loaded into the Wine VST
+     host through the `audioMasterCallback` function. These get forwarded to the
+     native VST host through the plugin.
+   - Calls from the native VST host to the plugin's `getParameter()` and
+     `setParameter()` functions. Both functions get forwarded to the Windows VST plugin
+     through the Wine VST host using a single socket.
+   - Calls from the native VST host to the plugin's `process()` and
+     `processReplacing()` functions. Both functions get forwarded to the Windows
+     VST plugin through the Wine VST host using a single socket.
+   - TODO: This is missing updates to the AEffect struct.
+
+   When communicating over these sockets, the request and corresponding response
+   objects from `src/common/communication.h` will be serialized as binary data.
+   Right now we're using `msgpack`, but this should be switched out for
+   `Bosot.Serialization` since we don't need interoperability and it allows us
+   to drop a dependency.
+
+6. The Wine VST host loads the Windows VST plugin and starts forwarding messages
+   over the sockets described above.