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…
We were recently invited to take part in an ‘Ask Me Anything’ with the blockchain folk at Tsinghua University — Here’s the full transcript! “Saito has a transient chain. How can it be a blockchain when the ledger isn’t permanent?”…
We periodically receive correspondence from people working to wrap their heads around Saito. One common issue people have is the idea that not using mining to produce blocks creates a threat to the network as similar to POS: With work…
In this episode we sit down with Conflux’s Péter Garamvölgyi (core developer) and Zhe Tang (operations manager) to hear their thoughts on how to solve the scalability trilemma. Developed by a group of computer scientists from the University of Toronto…
Most people believe that scaling a blockchain is a technical problem. This isn’t at all true — the problem is economic. This can be hard to understand in a world where the dominant way of understanding blockchain comes from computer scientists…
In the spirit of an update: Technical Development: The Saito network has shown excellent stability since our TESTNET upgrade about a month ago. We have continued to work to eliminate problems as they have surfaced and have eliminated the “ghost…
Let’s start with honest praise of Incentive Attacks on Proof-of-Work Cryptocurrencies. As a paper it is hard to fault: the authors catalogue a class of neglected attacks in an genuine fashion. The only qualm I had reading was a suggestion…
In this episode of The Saito Social we sit down with Illia Polosukhin — co-founder of NEAR Protocol. Illia is an ICPC finalist and has more than ten years of industry experience, including three years at Google where he was…
Are psychiatrists happy because their job is to treat depression? Do only thin people offer weight-loss advice? Or how about a harder question: is bitcoin (the network) a working market simply because bitcoin (the token) can be used to create…
In this episode of The Saito Social we talk with Mrinal Manohar and Steven Nerayoff from Adaptive Holdings — parent company of CasperLabs in New York. CasperLabs is dedicated to the Correct-by-Construction (CBC) proof-of-stake mechanism proposed by core Ethereum developer…