Saito is now doing the daily transaction volume of Bitcoin Cash.
David Lancashire 🟥
20.1K posts
David Lancashire 🟥
@dlancashi
working on Saito Consensus and web3
- Delighted to be able to share this news -- Europe and China! In the future, this will be as important for the prior art and protection it offers web3 developers generally as the protection it provides Saito Consensus. Have a beer for us tonight!
- Replying to @NFTnCryptoNerd @WesleyBKress and @noBScryptoSaito will use Elrond for smart contract support.
- A short thread -- let's try to explain the economic problem Saito solves in very simple terms. POW and POS don't pay for everything they need. They incentivize participants to "privatize gains and socialize losses" - do the paid work and let others cover the unprofitable work
Replying to @WesleyBKress @dlancashi and @richard_parrisTrue dat. I can't claim to totally see it yet, but the dawn has arrived thanks to Richard and David. It requires going down levels beneath the usual POS vs POW paradigm. - Saito now supports NAT-penetrating peer-to-peer video chat. Help us test it out - have your next Zoom call over Saito: saito.io/dev An important step for getting peer-to-peer connections between browsers. Because video streams can be data streams too...
- ADVANCED SAITO POS and POW are dead when majority attack. And they both incentivize collusion, so... good luck. But Saito works up to 100%. Sound crazy? Let's work through an attack where the attacker can produce 75% of the blocks. If you're new to Saito, this might be fun
- Smartest community in crypto too. When we form a pub quiz team it is game over.according @LunarCrush $SAITO community takes 40th place by social dominance metric this is strong $SAITO community😊
- Saito Whitepaper as eBOOK, courtesy HerrBertling!
- Saito is growing like Bitcoin. People hear about it. Then six months later they hear about it again. Strange - it hasn't gone away. "maybe I should look into Saito?" yes. in a few years anyone who wants to be taken seriously in blockchain will need to understand routing work.
- Pointed a couple of people to this doc over the weekend. github.com/SaitoTech/sait… Fairly matter-of-fact description of Saito Consensus works. No mention of the problems or what Saito fixes. Just "how it works" Trying to get this and more into wiki in more digestible form.
- Quick update on what is happening behind the scenes at Saito with our WASM update. Shortest version -- we're expecting to have Rust running in the browser live on-site later this week. saito.tech/saito-developm…
- Every feature builds on the others and is available to all developers who want to build apps on Saito: - qrcode scanning - video calls - other crypto integration - keylist contact management - games + media distribution - appstore - emails - tweets and more...
