Delighted to share an update on the Web3 Gaming Standard. If you’re new to blockchain gaming and have no idea what this means, visit the Saito Arcade and checkout some of the community-developed games, all of which are open-source, provably-fair…
Saito just had a great month. As you can see from the chart below, we’re regularly doing about 30k transactions per day (our highest was yesterday at 32k) and are on track to break 50k within a few months. Our…
A magician doesn’t normally reveal their tricks. But Saito is less magic than science. In this post we’re going to open the curtains and explain how it fixes the fundamental security problem in blockchain. Are you watching closely? Problem: Relying…
Red Imperium is an open source space-civilization game that uses the base mechanics from the utterly-epic 16-hour boardgame Twilight Imperium. As you can see from the screenshot below, the game has entirely new graphics (we think they look great!) a…
Given all the growth lately at the Saito Arcade (https://saito.io/arcade), which is doing more transaction volume than most other chains, by itself, I thought I’d share a quick update about recent improvements to the game engine that are making things…
The double-spend attack is not the same as the 51 percent attack. It is strange to have to make this point in 2020, but it is true: while having 51 percent control of a blockchain makes double-spend attacks free, that…
Today we are pleased to announce the launch of a blockchain-powered procurement system for Covid-19 medical equipment developed in partnership with DHB Global under the auspices of the World Economic Forum COVID Taskforce. This post briefly introduces the blockchain solution…
Adding cryptographic signatures to Saito transactions eliminates the 50 percent attack, but increases the size of transactions. Given that adding a single hop to a routing path is around 135kb, we can see how transaction size grows with routing length:…
When people talk about the “difficulty” of attacking proof-of-work and proof-of-stake networks they are really talking about cost. This is because both the proof-of-work and proof-of-stake consensus mechanisms have difficulty functions that depend on the availability of some resource in…
If you’re into blockchain, it’s unlikely you’ve heard of Mancur Olson. Yet his importance to the field is unmatched by any other economist in the latter half of the twentieth century. An American born into the Great Depression, Mancur Olson…