Currency icon

Saito

SAITO
$0.0002985▾ 1.78%24h
1h −1.03%7d −5.75%30d −17.52%1y −87.23%
⇄ Arbitrage

What is Saito?

Saito funds infrastructure; more apps mean more deployment.

Saito is an open-source infrastructure that rewards nodes for routing transactions, creating a decentralized network that scales with application usage. Its key features include: **Open Infrastructure:** As more applications use Saito, the network expands to support them. **Polkadot Ecosystem:** Facilitates connections between blockchains and users. **In Browser:** Functionality accessible directly within web browsers. **Open Source:** A transparent and decentralized platform. **Anti-Monopolistic:** Prevents single points of control by encouraging distributed access points.

**Roles within the Saito Network:** * **Application:** Software running in a browser or as a standalone program, participating in the Saito network (e.g., wallets). * **Application Server:** Provides applications and data to web users, including custom JavaScript and APIs for blockchains. * **Block Producer:** Verifies transactions, creates blocks, and generates cryptographic puzzles to reward routing nodes. * **Security Node:** Solves cryptographic puzzles created by Block Producers to earn rewards and generate random numbers for fair distribution to the routing network. * **Routing Node:** Forms the network's backbone, transporting transactions from users to block producers.

Stay up to date with crypto

Breaking news and market moves from our newsroom, first in Telegram.