Jan 28

EVENT in Singapore - Why scaling blockchain's biggest problem is economic, but technical

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Hearing it from Saito's team, who proposed a new consensus to solve crypto network's economics design

https://www.eventbrite.com/e/saito-solving-blockchains-scalability-issue-with-proof-of-transactions-tickets-54958410084

Vitalik's recent paper on using economics to discourage attacks: https://github.com/ethereum/research/blob/master/papers/discouragement/discouragement.pdf;

 

If you want to learn more, here are Saito's official channels:

Saito's website: https://saito.tech/

Whitepaper: https://saito.tech/saito-whitepaper.pdf

TG group: https://t.me/joinchat/FoLNsBF8hPa-ytTY3il3dw

Jan 29

 

Richard redefined blockchain as a self-sustaining public key ledger. Self-sustaining refers to a healthy economy where all contributors will be paid fairly. The current PoW blockchain only awards miners and validators but not bandwidth, storage, transaction sourcing, etc, which will break the sustainability of the ecosystem.

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