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Author: Richard Parris

Blockchain Myths #1 – Someone will always pay to run the network

by Richard ParrisPosted onApril 30, 2018May 1, 2018

As we’ve introduced Saito and the ideas behind it to blockchain developers, venture capitalists, and attendees at various blockchain gatherings, we’ve noticed some common themes in their reactions. And while most serious bitcoiners end up loving Saito once they understand…

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Our First Meetup in Beijing

by Richard ParrisPosted onApril 29, 2018April 29, 2018

We held our first Saito meetup on Saturday, April 28 at Garage Cafe. Years ago we attended our first Bitcoin meetups at this place, and so were thrilled to be able to introduce Saito to so many new people here,…

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Tragedy of the Commons

Saito uses automatic transaction rebroadcasting to create a market equilibrium where the blockchain can never get so big it collapses. [learn more]

Free-Rider Problem

Saito Consensus pays nodes that give money to other nodes. This eliminates free-riders pressures and the fifty-one percent attack. [learn more]

Intellectual Property

We are working towards the creation of a foundation to ensure the open availability of Saito standards for public blockchains:

  • US patent US10230530B2
  • US patent US20190296915A1
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