Saito

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.

Saito pays user-facing infrastructure nodes out
of an open consensus mechanism. Because this
approach scales naturally, it incentivizes the processing of large amounts of data and can be used
to build decentralized versions of many dataheavy services, such as un-astroturfable data exchanges, authentication and monetization applications, distributed key registries that are secure from MITM attacks, payment channels, and
much more.