Project History

The core methods behind Saito were thought up by David Lancashire in the spring of 2017 over the course of about three weeks. After initial work to build a proof-of-concept and explore the implications of the consensus mechanism, David applied for and was granted a provisional patent application by the USPTO.

By late summer 2017, what had started as an early demonstration had been re-written several times and morphed into a functional platform that demonstrated the potential of a big-data application blockchain. The question at this point became “how to build an actual production network?” Within a few weeks our team expanded to include Richard Parris, whose early feedback on and contributions to Saito were responsible for several of its core innovations in areas like routing design. In the months that followed, Richard and David worked to debug the initial client, improve the scalability of the software and develop hard-numbers on the scaling limitations of any Saito-powered network.

In the past few months we have created a legal entity (Proclus Technologies), attracted a team to help speed up development, and secured the financial support necessary for us to move Saito from its proof-of-concept design into an industrial-scale data-transmission layer. In the next few weeks we expect to launch an open-access alpha network and release a development roadmap for community review.