Saito

What is Saito

Saito is a Web3 Foundation grant recipient that runs blockchain applications directly in your browser. The network pays ISPs instead of miners or stakers, allowing Web3 projects to self-fund infrastructure instead of passing costs to predatory monopolies like Infura.

Saito fixes the collective action problems that impede scaling in proof-of-work and proof-ofstake blockchains by coupling a circular ledger to a consensus mechanism that incentivizes the collection and sharing of transaction fees. The resulting network pays not just for mining and staking, but for all activities that contribute economic value to the network. In the process Saito fully eliminates majoritarian among other attacks.