Incentive Attacks on Proof-of-Work Cryptocurrencies
Let’s start with honest praise of Incentive Attacks on Proof-of-Work Cryptocurrencies. As a paper it is hard to fault: the authors...
On Blockchain Scaling and Collective Action Problems
Are psychiatrists happy because their job is to treat depression? Do only thin people offer weight-loss advice? Or how about a...
The Transient Blockchain
In an attempt to make some of the work that we do more accessible, David has put together a six minute...
Blockchain 2019: everyone wants to eat, no-one wants to hunt
In most blockchains the peer-to-peer network does the heavy-lifting: giving data to lite-clients, collecting fees in return, and sharing those fee-paying...
Starfish Mission: are small blocks really secure?
On Thursday, February 7 Richard and I had the good fortune of presenting Saito to a select group of people we...
On Discouragement Attacks
Vitalik Buterin just wrote an important paper. It matters because it addresses the fundamental economic nature of attacks on blockchains, and...
The Ver Attack: The Biggest Vulnerability in Bitcoin?
Anyone who knows Saito knows that we’re obsessed with economic attacks. From inception to our TechCrunch panel last Tuesday, we’ve stressed that vulnerabilities in blockchain...
Scaling into the Terabytes
This post is about where Saito is in terms of blockchain scaling, the technical challenges that we face and our roadmap...
Wrestling with the Scalability Trilemma.
I’ve been thinking a lot about the scalability trilemma lately, and wanted to write this blog post because after grappling with...
Blockchains on Blockchains: Smart Contracts on Saito
Imagine we want to scale Ethereum without plasma chains or chains-of-chains. Here is one strategy: Start by creating a Saito module...
Saito is Simple
In various discussions over the last two months, we’ve noticed that some people have trouble wrapping their head around Saito’s consensus...
Building a better Blockchain – Untangling the Myths – Myth 2
Blockchain Myths #2 – A Blockchain is a Permanent Ledger In our second post in this series, we address the idea...