Saito is a new type of layer-1 blockchain that powers web 3.0 applications

Saito Consensus maintains openness even at a massive scale, so developers can build great web 3.0 apps for everyone.

Apps on Saito run peer to peer.

The chain provides distributed infrastructure that removes the reliance on centralized providers. Developers can use Saito to distribute and run their apps while users keep full control of their data.

Typical blockchains only pay miners (or validators in PoS) Data nodes that provide access to the blockchain do not get paid by the network Not only that, apps are dependent on third party infrastructure And users can only access the blockchain via third parties Apps run locally on users devices Apps communicate with the blockchain directly In Saito, Chain nodes that provide access to the network get paid (through the "Routing Work" mechanism) Saito Consensus rewards chain nodes with more fees when they provide better access or service There is no need for third party infrastructure providers because chain nodes are incentivized to provide the infrastructure themselves as this attracts more user transactions and fees Saito miners/stakers still earn fees by playing a role in the concensus mechanism, but differently from PoW/PoS Learn more about the Saito Consensus

SAITO BACKGROUND

Fixing an
incentivization problem

Proof of Work and Proof of Stake are forced to compromise on scale because they only pay for one thing: the security provided by mining or staking.

Discovering Saito CONSENSUS play Discovering Saito CONSENSUS play

How Saito works

Saito Consensus and Saito Nodes

Saito Consensus Mechanism

On the surface, Saito Consensus pays nodes in the p2p network for serving users in addition to paying for the security layer. The more a node does for users, the more it gets paid.

Understanding Nodes

Nodes can route traffic and support apps. This is important because successful apps attract users, and more users also leads to more routing and more transactions. With Saito Consensus the closer the routing node is to the user in the transaction’s path to the block, the more the node gets paid.

What about mining and staking?

Staking

In all the cases where traffic was routed but the miners did not solve the hash solution, the reward fees are locked up within the network and distributed via staking mechanism. This in turn prevents rampant deflation while also maintaining better economic stability.

Mining Supports the Consensus Mechanism

In Saito, miners compete to produce rare solutions to hash problems, this creates randomness that ensures payments to routing nodes are secure and fair. When a solution is solved, payment is split 50/50 with the nodes routing the transaction.

The SAITO token

SAITO token is the utility token of the network. All network node payments and transactions use the SAITO token.

How to buy Saito

Click here to view the most up-to-date page on contracts and exchanges holding SAITO.

General Tokenomics

To learn more about Saito Tokenomics please visit the Saito Wiki Tokenomics Section.

Get involved with Saito

Builds apps that scale

Developers can code engaging apps in their favorite language, there’s no struggling with Solidity or other blockchain languages. Developing, deploying and running applications is faster, easier and cheaper.

Set up your own node

Developers can code engaging apps in their favorite language, there’s no struggling with Solidity or other blockchain languages. Developing, deploying and running applications is faster, easier and cheaper.

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