As a reminder, the Token Persistence Curve describes the minimum amount of tokens through time which will persist on mainnet nodes. Lowering this value to zero is an important objective in order to reach The Real Economy Era of the roadmap. When this minimum reaches zero, the network will be ready for a full range of financial blockchain applications.

More details can be found on the Wiki; below is the token persistence curve schedule. Note that with this lowering, we have put ourselves ahead of schedule and will attempt to progress further ahead of schedule with technical endeavors mentioned previously like temporary ATR Turbo Mode.

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“It is difficult to hold the world’s interest for more than half an hour at a time…” – Salvador Dali

The 7th highlighted update we’re talking about for Saito Summer is asynchronicity in the game engine and new and improved in game clocks; each satisfy an opposite need.

Asynchronous Gaming

Asynchronous Gaming is a general term to describe the ability to support secure P2P game play even if some peers are offline. For the user, the benefits are simple: you no longer need to remain online for the duration of a game, and you can now play multiple P2P games at once.

This is a feature users expect, regardless of the architecture underneath, but it represented unique challenges given Saito’s advanced game engine. Nevertheless, today’s version of the game engine now accommodates a far more general set of experiences, makes less assumptions, and removes unnecessary restriction.

Async invites (for supported games) allow your opponents to begin making moves before you even come online. Players are no longer required to keep a game open to play it, letting them use other apps like Red Square, play other games, or whatever they like between moves. We invite you to play async and share any feedback.

Decentralized Clocks

Again, if Saito were a Web 2 system, it would be easy to take for granted the nuance involved in a coherent, P2P clock system. Still, this is yet another feature gamers, especially competitive gamers, expect.

Clocks have existed in Saito Games for a long time, but this update shores them up with a new system capable of keeping each players’ clocks in sync with the others and UI improvements to display this information. The new system also patches certain exploits which allowed players misrepresent their remaining time.

Without the support of a central server, you can now play tightly-timed turn-based games similarly to in-person competition or premium sites like Chess.com. This brings the feature-set of a purely public and P2P Arcade (the only blockchain project working on this tech) up to the standard of private, centralized, closed-source services. Saito is Web 3 without compromises.

“I normally do what my intuition tells me to do. Most of the time spent thinking is just to double-check.” – Magnus Carlsen

With this update very long games, taking place over the course of days or weeks, or very tightly-timed competitive experiences gain support from within the Saito Game Engine. Developers and users alike should find much utility out of these improvements.

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Your Files, Your Bandwidth

No limits, no login, no extra costs, end-to-end encrypted. Saito Fileshare is available for anyone to send and receive arbitrarily large files, completely P2P.

Users of SMS, Discord, Telegram and other messaging apps have undoubtedly felt the frustration of transfer limits. Not to mention the privacy concerns of sending personal or sensitive data across untrusted, privately controlled networks.

With Saito, you no longer have to deal with this. Saito Fileshare is entirely between you and the receiver. Your files and how you share them is your business on your bandwidth.

Learn how to use it here.

How Does P2P File Share Work?

Fileshare is secured atop the Saito Key Exchange Protocol. The shared secret they create serves many functions, including:

1. Users can efficiently send each other data which no node, ISP or other potential attacker can decipher.

2. Users can securely setup a high-throughput, firewall-penetrating connection to each other – just like Saito Talk.

Files are streamed across this direct connection at the whim and total control of the users. When finished, the files can be saved to the device just like any normal file download.

Get Involved

Saito Fileshare is a flexible and open source module and utility. Want to start a P2P cloud, movie rental, video hosting or other Web3 service? Hack up the module code and feel free to reach out to the team for any assistance. We are excited to see its full potential.

Conclusion

Ditch the paid subscriptions, registration requirements, and privacy pitfalls. Use your public key and your bandwidth and take computing back into your control.

The post Saito Fileshare – Unlimited, P2P, Encrypted appeared first on Saito.

Given the recent uptick in community interest in getting third-party cryptos integrated, we are also pleased to announce the launch of the Saito Listing Program. This is an informal process for developers in other networks interested in getting their tokens usable on Saito. As described on that page, the first step is having a developer reach out so we have a point-of-contact

In other news, we put our swarmcasting technology to use last week by using it to interview Dan Hughes and learn more about Radix and its interesting approach to sharding in our latest Saito Social. You can view the archived recording of the show, which took about an hour, right here on Youtube.

As previously discussed, our goal with the Saito Social is to provide a space for people working on technically-interesting and visionary ideas in the cryptocurrency space and raise the quality of discourse in the space. With this in mind, if you have any topics/guests you think would be suitable for the show, please reach out with suggestions and feedback.

The post Saito Adds Bitcoin (BTC) Support appeared first on Saito.

Traditional Moderation

Decentralized Moderation (DeMod) brings the social dynamics the regulate in-person relationships to Web 3. What does this mean?

On the traditional networks, your exposures and affiliations with others are governed primarily by a platform’s universal moderation policies. This is largely in contrast to how relationships form in real life. In real life, the individual makes their own decisions on who they interact with.

The reason most platforms work this way is because they are responsible for all of the content. They therefore become liable, to varying degrees, for what they decide to show you. They also do it for power: by manipulating which content is amplified or is banished to the shadow realm, big tech controls our perception of the world.

DeMod – Decentralized Moderation

DeMod works on the level of individuals. As a sovereign user, you decide the content policies you want to subscribe, and when you want to subscribe to them; it’s all open source and modifiable on the user-level. Decentralized Moderation is both a requirement and a boon of a true P2P network.

Because messages are sent P2P, rather than client-to-server, there is no central server truly capable of content curation or moderation. This is great for the overall health of free speech on the platform, but also a significant challenge for everyday use in the face of socially destructive content.

Our Saito Node will give users our content policy to filter basic spam, smut and invectives, but won’t enforce it. You can decide in real-time whether you want a civil, or unruly experience, or anything in between.

DeMod takes the shadowy power away from algorithms or manipulative power hiding behind those algorithms. It is a necessary pillar for an internet where people’s choice is restored – you’re seeing it first on Saito. Fully open-source policies and user choice; enjoy the content policies of mainstream platforms with the transparency of a noble instantiation of Web 3. It’s the best of both worlds.

Participate

Though these tools have application beyond social media, we will be rolling them out and adjusting our node’s configuration for Red Square this week. Feedback is always appreciated.

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Saito Summer

Week 3 of Saito Summer brings key updates to our recent launches and introduces a game-changing new feature to expand the reach of Saito.

Reflecting on Saito’s progress in 2024 and throughout Saito Summer, we’ve achieved significant milestones – from Eth integration, to Swarmcast, to today’s upgrades, we’re consistently pushing the boundaries of Web3 technology and progressing our roadmap.

YouTube Integration with Swarmcast

Our latest work on Swarmcast will give users more flexibility and more power with YouTube Amplification. P2P Swarmcasters now have the option to pipe their content into a more traditional YouTube stream, enabling them to reach a wider audience while maintaining the core strengths of our more open platform.

In this setup, YouTube serves as an additional distribution channel, downstream from Swarmcast’s robust peer-to-peer infrastructure. This approach leverages existing platforms as utilities to amplify your decentralized streams, without relying on them. It demonstrates how Swarmcast can use traditional services to extend its reach while keeping control firmly in the hands of creators and preserving the integrity of our open ecosystem.

Roadmap and Tokenomics

The Saito Roadmap and Tokenomics structure has always prioritized organic adoption and price stability. The team is not funded through the printing of tokens, and as recently as September of 2023, we burned 2 billion tokens from the 10 billion total.

As we achieve organic growth the need for outstanding tokens diminishes. Significant progress with node and application stability, and native token transfers in the last year brought much is this growth. These were primary motivators for the burn last autumn.

2024 has brought more progress: increased application adoption, new features, new users and more transaction volume – our work leading up to and during Saito Summer so far has put us ahead of schedule. Yet the market has been slow to recognize just how fast Saito is moving, so our previous commitments to price stability are also in consideration.

With all of the above in mind, we have burned another 1 billion Saito tokens from the total supply. That’s 12.5% less tokens, for a total now of 7 billion Saito tokens.

We will revisit tokenomics in 8 – 12 months based on similar criteria. We hope to see many more new users enjoying Saito L1 by that time!

See our updated tokenomics for more details.

The post Saito Summer Week 3 Update appeared first on Saito.

This post assumes readers understand how routing work (10 minute read) functions. It explains how this approach imposes asymmetrical losses on attackers who control at least 50% of network resources, achieving the “economically-expensive in the absence of collapse” (EAAC) property the above authors incorrectly claim is theoretically unattainable.

Cost-of-Attack comes from ATR Payout

Consider the case of two block producers who each control 50% of network resources. As required by routing work, both X and Y burn tokens to produce blocks and then burn hashpower to unburn their tokens and distribute them to network participants.

Because 25% of every solved block flows into a treasury that funds the “ATR payout”, and because this payout flows to holders of the oldest unspent UTXO, it follows that any block producer creating a stealth fork using their own tokens will push the balance of all future ATR payouts asymmetrically away from itself in perpetuity.

No Consistency Violation Without Payment

This tax is not symmetrical to non-attackers, because it only bites in the event of a successful consistency violation and that depends on who produced the last pre-fork block. If Y produced this block, no honest participant or observer is disturbed from their preference for the honest chain. If X produced this block, then Y will trigger a consistency violation when it releases its chain and assume its asymmetrical losses at the same time.

The only situation in which Y can trigger a consistency violation otherwise is if it spends its own money to speed-up the pace of its stealth-chain by creating “fake transactions” which nonetheless pay real fees. But including these self-generated transactions necessarily adds more asymmetrical losses for Y since a greater portion of Y’s wallet is now distributed to X via the ATR mechanism.

Can’t Y include the same transactions as X?

It is true that Y can theoretically avoid the ATR Penalty by including in its blocks the same transactions that X is using to extend its chain. This tactic keeps the balance of unspent UTXO between X and Y symmetrical and prevents Y ceding asymmetrical claims on future ATR payouts to X.

There are problems here that become self-evident as one gains an understanding of routing work. The first is that honest nodes maximize their income by not sharing transactions to which they have exclusive access with peers. So X cannot be expected to give free routing work to Y if they have equal access to transaction inflows. And Y cannot extract these transactions from X’s blocks without the cryptographic signatures X needs to provide to authorize the transfer.

Making matters worse for the attacker, even if X irrationally feeds its transactions to Y, as soon as Y adds these second-hop transactions to its blocks their inclusion makes X eligible to win the routing payout on Y’s chain. This creates a second cost-sink for Y unless it finds more hashpower to brute-force the payout lottery, which also requires majority control of network resources and a willingness to hash at a loss.

We also remind readers that the consensus layer has the informational ability to penalize attackers irregardless, since the fall in the efficiency of fee-inclusion created by disappearance of X or Y is visible to the consensus layer. This efficiency-drop becomes observable because unless Y controls 100% of first-hop routing work, its fork must either lower fee-throughput or increase routing-path length to generate a competitive chain. And consensus can punish this loss of efficiency by throttling payouts (adding a discretionary burn) which targets the routing and mining payouts and harms the block producer.

Closing Thoughts:

It is unclear if the failure of these authors to correctly characterize this problem space or its limits is a result of their being uninformed about modern techniques in distributed consensus or if they are simply constrained by the belief that these issues are unsolvable and focused on trying to universalize the limitations of proof-of-stake.

Whatever the reason, the conclusions of the paper are incorrect – the real limits of economic security are much higher than its authors imagine for reasons and through mechanisms they do not consider.

The post The Economic Limits of Permissionless Consensus appeared first on Saito.

Avoid Scams! Saito Token Migration is not required! You may safely keep wrapped tokens.

Today we’re happy to announce that the migration tool to mainnet has been extended to include BEP20 Saito tokens on the Binance Smart Chain. Migration is not required, and anyone interested should first familiarize themselves with the details.

When we launched Saito, the AnySwap Bridge was a reliable tool to move wrapped Saito tokens between the BSC and Ethereum networks, but has since become unreliable. We remain fully committed to supporting both the ERC20 and BEP20 Saito tokens, and while this upgrade to our migration tool does not replace the Anyswap Bridge, it does allow holders on BSC the choice to migrate to the native Saito Network.

Token migration is not required, and at this stage we only recommend it for advanced users. If you choose to migrate your tokens, be sure to double check you are not falling prey to scams – use the correct migration link: https://saito.io/migration/. Please note that migration is currently only one-way.

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