Saito CubeSaito FAQs

What's wrong with Ethereum?

“The job of miners is to secure the network via hashpower, not to provide network infrastructure.” — Vitalik Buterin.

Infura spends a lot of money providing access to the Ethereum network. Most blockchain developers consider this a good thing. As Vitalik Buterin has remarked, miners' job is to mine, so having private companies step in to run infrastructure is a boon.

This falls into the trap of treating outside markets as “consequence-free” ways to fund core infrastructure.

There are three major risks in this approach: monopolization, lost openness and cartelization—all three outcomes are negative and lead to failed decentralization.

Saito is a new layer-one blockchain with a breakthrough new consensus model.

created by 0xluminous