an elegant pruning method that pushes old data off the blockchain at regular intervals
consensus-level rebroadcasting to guarantee that valuable data never drops off the chain
bitcoin-class security against reorganization, fee-recycling and governance attacks
compensation for nodes that provide bandwidth and storage without a reduction in overall security
In a scant four pages, the Saito whitepaper explains why scaling blockchain networks requires solving an economic rather than technical problem. And after diagnosing the issue, it provides a simple yet elegant solution that is as groundbreaking as it is refreshing.
The paper below introduces the core techniques needed to decentralize Google-scale applications: email, social networks, cryptocurrency payment channels and much more. Readers will find it a dense immersion in next-generation techniques that enable scaling without sacrificing openness: the transient blockchain, cryptographically-signed transactions, automatic transaction rebroadcasting, a network paysplit, and an economic lottery that protects the network from sybil attacks and even attackers controlling a majority of network nodes.
download the saito whitepaper