Saito XL
@Saito_XL
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Basement level tweets about the world's best blockchain #saito
Joined August 2022
Some threads deserve a lot more attention. This is one of them. David @dlancashi from @SaitoOfficial breaks down why mempool dynamics and routing incentives aren’t just plumbing, they’re the hidden battlefield for true decentralization. “Collusion is penalized not by
@dlancashi @nikzh This is a brilliant thread, David. Incentivizing honest behavior by aligning the economics of routing and inclusion, that’s the kind of deep infrastructure rethink crypto desperately needs. Most still treat mempool dynamics and fee flow as neutral ground, but as you show, it’s
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the EF is failing at mechanism design @casparschwa. https://t.co/yQAqlLWEwW your researchers are writing papers insisting that problems are impossible that are actually solvable with proper preference revelation. see video.
The Robust Incentives Group is an Ethereum Foundation research team dedicated to the study of the Ethereum protocol through the lens of mechanism design. Same research, new look.
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@SaitoOfficial @0xNairolf Don't sleep in Saito apps. Videocall. Chat. Social Media. A first-of-its-kind Mental Poker Game Engine for trustless gaming. File transfer. Anything you can think of is possible without the Web2 model, and much of it is already built. Waiting for people to wake up to it.
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Head to https://t.co/GdiMPtXGrf & check them out. Apps are up & running and they're seamless P2P. $SAITO
all we need now is one app and all eyes will be on crypto again doesn’t have to be perfect, just useful, simple and impossible to ignore
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“Mining nodes suddenly have an incentive to share unconfirmed transactions.” That’s the line. And the shift. David’s work on routing payouts isn’t just about rewarding P2P nodes, it’s about finally aligning incentives to punish collusion and reward propagation at the mempool
pretty sure I sent @nikzh the mathematical proof this is solved. the valuable thing about the solution isn't just that P2P nodes are paid but that mining nodes suddenly have an incentive to share unconfirmed transactions. ie you actually incentivize s5.1 from Satoshi whitepaper
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Some recent Bitcoin debates are shining a bright light on the Free Rider Problem in Blockchain. A problem which Saito has uniquely discovered a solution for. A blockchain can't scale off of the goodwill of volunteers relaying data - it seems painfully obvious but misconceptions
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pretty sure I sent @nikzh the mathematical proof this is solved. the valuable thing about the solution isn't just that P2P nodes are paid but that mining nodes suddenly have an incentive to share unconfirmed transactions. ie you actually incentivize s5.1 from Satoshi whitepaper
Another good example of Bitcoin not having any incentive for ordinary users to run nodes. Why would a non-mining node relay anything for free? When you rephrase the question to "It's your mining node, do you want to earn fees on including data?" it suddenly starts to make sense.
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I’m convinced consensus-as-network-layer is the final form of web3. proof-of-work was just the tutorial. Take a lil dose of $saito 🧵👇
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"perfection isn't possible but incentive compatibility is" This whole conversation was awesome to observe as a fly on the wall
not picking on Mike, but there's a common attitude that POS engenders here that needs to be flagged and purged from crypto -- the belief that problems are unsolvable -- that we're stranded with trade-offs. "but perfection isn't possible..." incentive compatibility is possible
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The Real Meaning of Web 3 🧳 'Web 3' has been used popularly for at least five years, and in that time has accumulated much baggage. 🛑 At this point, most non-crypto tech people see the term has a red flag. 🚫Saito doesn't want to be associated with what 'Web 3' is often
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We couldn’t agree more with @SaitoOfficial Saito remains one of the most principled blockchains in the space, technically sharp, value-aligned, and radically clear on its mission. We recently stepped in as investors. Not chasing hype. But backing what we believe could help
The Real Meaning of Web 3 🧳 'Web 3' has been used popularly for at least five years, and in that time has accumulated much baggage. 🛑 At this point, most non-crypto tech people see the term has a red flag. 🚫Saito doesn't want to be associated with what 'Web 3' is often
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$SAITO GANG. Easy to get in, impossible to get out. Tats are optional.
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A nice summary of this debate w/@dlancashi I find debates, when parsable, are some of the densest source of information.
@dlancashi @owocki If a node funds open source goods and services to attract flow, can't others just fork it and get all the flow while paying nothing for the development?
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Hang with @SaitoOfficial
If you're disillusioned by blockchains and the "crypto industry," you're hanging with the wrong crew, having the wrong conversations. Short term games motivated by personal greed always fade into irrelevance, long term games for society develop more meaning and power with time.
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Saito is the shit. The only thing keeping me interested in crypto, because I know when devs transition over this space will fly. Other blockchains are like paddling pools, while Saito is the ocean
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@dlancashi This nested auction framing is incredibly clarifying. The way Saito separates transaction propagation (inner auction) from settlement rights (outer auction) offers a fresh approach to blockchain incentives. Most networks reward block production directly, often ignoring how
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Signup is a drag. So we removed that step. When you load up any Saito App, you can use it, fully-featured, instantly. One Single Click And you're playing games. @MultiversX ⚡️Game Night starts in an hour. See you there!
$EGLD Token ⚡️ + Saito Game Engine 🟥 Join us tonight as we celebrate two revolutionary technologies in crypto. 🗓 May 4th 🕙22:00 UTC @MultiversX wagers with games so seamless you won't even know it's Web3. No setup or installation - Link below 🧵
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