Saito Blockchain Launches Mainnet, Pioneering Decentralised Web3 Infrastructure

TheNewsCryptoPublished on 2025-12-16Last updated on 2025-12-16

Abstract

Saito has successfully launched its mainnet, introducing a next-generation blockchain platform designed to deliver truly decentralized Web3 infrastructure. Unlike traditional blockchains, Saito uniquely compensates nodes for routing, storage, and compute work, enabling fully on-chain applications without reliance on centralized services. Key innovations include Automatic Transaction Rebroadcasting (ATR) to combat chain bloat, Block Staking for enhanced security, and Smart NFTs for efficient on-chain functionality. The network has proven stable, processing over 70 million blocks with no known issues. Saito’s architecture allows developers to build scalable, browser-native Web3 applications—such as social, gaming, and messaging apps—using familiar web tools, without proprietary stacks or external APIs.

Saito, a next‐generation peer‐to‐peer blockchain platform, today announced the successful launch of its mainnet, ushering in a new era of truly decentralised Web3 infrastructure built for efficient, sustainable, and scalable decentralised applications.

Unlike traditional blockchains that reward miners or stakers for block production alone, Saito uniquely compensates nodes for routing, storage, and compute work, enabling developers to build and power fully on‐chain applications without reliance on centralised cloud services, external APIs, or off‐chain backends.

Saito’s mainnet launch marks a pivotal milestone in blockchain infrastructure and real‐world Web3 adoption.

“Today represents a major moment for Web3,” said Richard Parris, Co‐Founder of Saito. “We started this project because we believed existing systems couldn’t deliver on decentralisation at scale. Now Saito is live, stable, and delivering what others can’t; a network that works for developers and users alike.”

New Infrastructure Designed for Scalable, Decentralised Applications

Saito’s mainnet launch introduces several key innovations intended to address long‐standing challenges in decentralised application infrastructure:

Automatic Transaction Rebroadcasting (ATR): a novel mechanism that combats chain bloat and ensures long‐term data availability through incentive‐based rebroadcasting of transactions.
Block Staking: a low‐overhead, non‐inflationary mechanism that enhances network security even when transaction volumes are low.
Smart NFTs: dynamic, logic‐bearing assets that eliminate the need for complex virtual machines, enabling efficient on‐chain functionality.

These features collectively create a true peer‐to‐peer computing layer, where developers can build with familiar web‐native tools, without proprietary stacks, special languages like Solidity, or hidden backend services.

Proven Network Stability and Real‐World Testing

Saito’s network has processed more than 70 million blocks with consistent uptime and no known exploits, demonstrating robustness and reliability in real‐world conditions. All core components of Saito’s consensus mechanism have been publicly open and reviewed, with full documentation available at wiki.saito.io.

Mainnet status was declared after the network met key self‐defined benchmarks, including full decentralisation of participating nodes, successful ATR pruning cycles in production, and stability under real‐world load.

“With Saito in Mainnet, the world finally has a production blockchain without rich-get-richer economics and majoritarian attacks. I couldn’t be prouder of our community for helping us make Saito a reality, and would like to think that Satoshi would be proud too,” said David Lancashire, co-founder of Saito.

Developer‐Ready, Open For Innovation

Saito’s architecture enables developers, startups, and enterprises to build the next generation of Web3 applications – from social and messaging apps to gaming and encrypted communication – entirely on‐chain and browser‐native. No centralised APIs, backend servers, or external services are required, keeping user data and experience sovereign.

“We designed Saito so developers can ship fast, with payments built in and data ownership preserved,” added Parris. “This is decentralisation in action; practical, powerful, and open.”

About Saito

Saito is a decentralised blockchain protocol purpose‐built for peer‐to‐peer web applications and sustainable Web3 infrastructure. Built to eliminate dependencies on centralised services and unsustainable token models, Saito’s mainnet combines economic incentives with developer usability to support scalable, fully decentralised applications.

For more information about Saito’s architecture, live applications, and development tools, visit https://saito.io or explore technical documentation at wiki.saito.io.

Media Contact:

Richard Parris
info@saito.io
Oliver Mills
ollie@growthy.io

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

Behind ZEC's Over 30% Plunge: An 'Unlimited Minting' Vulnerability with No Way to Prove if It Was Ever Exploited

A critical vulnerability was discovered in Zcash's Orchard privacy pool, allowing for the theoretical creation of undetectable counterfeit ZEC. Researcher Taylor Hornby found the flaw on May 29th, 2024, within the Orchard circuit's cryptographic constraints, which could let an attacker bypass asset conservation rules. Although a rapid emergency fix was deployed within days via a coordinated soft and hard fork, a core uncertainty remains: due to Orchard's privacy features, it is impossible to cryptographically prove whether this "unlimited mint" flaw was exploited in the nearly four years since the pool's 2022 launch. This uncertainty, rather than the patched flaw itself, triggered a market panic, causing ZEC's price to drop over 30%. While the Zcash Foundation stated no evidence of exploitation was found, independent entity Shielded Labs emphasized the impossibility of definitively proving no counterfeit ZEC was ever created. The incident highlights the unique trust challenge in privacy systems. To address this, developers are proposing a new network upgrade with enhanced auditing to allow verifiable proof of supply integrity. Notably, the researcher utilized the newly released AI model Claude Opus 4.8 as a tool during the security review, signaling the growing role of advanced AI in uncovering complex cryptographic vulnerabilities.

marsbit3m ago

Behind ZEC's Over 30% Plunge: An 'Unlimited Minting' Vulnerability with No Way to Prove if It Was Ever Exploited

marsbit3m ago

imToken's 10th Anniversary Unveils Strategic Direction for the Next Decade: Evolving from a Trusted Main Wallet to a Personal Digital Hub

On its tenth anniversary, decentralized wallet imToken announced its strategic vision for the next decade: evolving from a "trusted main wallet" into a "personal control interface." This new direction aims to help users manage not only digital assets but also identity, permissions, and AI agent actions in an increasingly open and intelligent internet. imToken outlined that while the past decade focused on Store, Send, and Stake—securing assets, enabling transfers, and facilitating network participation—the future introduces a fourth core proposition: Sign. This expanded concept goes beyond transaction signing to encompass expressing intent, granting permissions, setting rules, delegating actions, and revoking authorizations. As AI agents gain autonomy, imToken emphasizes the need for clear, verifiable, and revocable user control over their actions. CEO Ben He stated that imToken's mission is shifting from enabling ownership of digital assets to ensuring user sovereignty over their entire digital world in the AI era. The company's core principle has been upgraded from "Digital Assets, Under Your Control" to "Your Digital World, Under Your Control." Future development will focus on three areas: upholding self-custody principles, extending security from transactions to authorizations and automated actions, and building product capabilities for managing permissions, delegations, policies, and revocations. imToken views the wallet's role as expanding into a trusted control interface for human-AI collaboration, where managing keys, signatures, and permissions forms the infrastructure for personal digital sovereignty. Founded in 2016, imToken serves millions of users across 150+ countries, providing non-custodial wallet services supporting over 50 blockchain networks.

marsbit4m ago

imToken's 10th Anniversary Unveils Strategic Direction for the Next Decade: Evolving from a Trusted Main Wallet to a Personal Digital Hub

marsbit4m ago

With 300 Million Financing to Accumulate ETH, the Hidden Concerns Behind BitMine's High-Yield Preferred Shares

BitMine, led by Thomas Lee, plans to raise up to $300 million through an initial public offering of 3 million shares of perpetual Series A preferred stock on the NYSE (ticker: BMNP). The stock offers a fixed 9.5% annual dividend. The funds are intended to further the company's accumulation of Ethereum, expand its staking node operations, and for general corporate purposes. This move comes as BitMine faces significant challenges. Its massive Ethereum holdings, over 5.3 million ETH (roughly 4.5% of circulating supply), are currently at an unrealized loss exceeding $8.5 billion due to the crypto market downturn. The company's core business model relies on staking these ETH holdings to generate yield, which it presents as the primary means to cover the new, substantial annual dividend obligation of approximately $28.5 million if the offering is fully subscribed. While the model is similar to MicroStrategy's bitcoin-focused strategy of using capital markets to fund crypto acquisitions, BitMine's product differs with its fixed, non-adjustable dividend rate. The company acknowledges risks, stating dividend payments could also come from cash reserves, asset sales, or future financing, and warns that staking yields may underperform or be illiquid during market stress. The 9.5% fixed rate reflects the higher risk premium demanded from investors for a company heavily exposed to Ethereum's volatility.

Foresight News7m ago

With 300 Million Financing to Accumulate ETH, the Hidden Concerns Behind BitMine's High-Yield Preferred Shares

Foresight News7m ago

A Year of Observing Agent Payments: The Cold Reality Behind the Hot Narrative

A Year in Agent Payments: The Cold Reality Behind a Hot Narrative This article examines the current state of "Agent payments," a year after it became a major trend at the intersection of AI, payments, and crypto. Despite significant investments from major players like Stripe, Visa, and Google, the author—having built products and spoken with merchants and developers—finds genuine, large-scale demand still lacking. Key findings across several hyped scenarios reveal structural challenges: * **Agent-to-Merchant Commerce:** For most product categories (e.g., clothing, electronics), AI shopping via chat is inferior to traditional visual e-commerce. Merchant interest is largely defensive, focused on future-proofing rather than current consumer demand. True potential exists only in specific, high-frequency/low-decision scenarios (like food orders) or for simplifying broken checkout experiences, but these require massive consumer distribution, favoring incumbents. * **Agent-to-API/Machine Commerce:** While stablecoin micropayments are touted for API calls, developers already solve small-value payments via prepaid credits and subscriptions. Large SaaS providers prefer enterprise contracts over fragmented micro-pricing. The market exists for long-tail services outside the top providers but is inherently smaller than the hype suggests. * **Agent-to-Agent Payments:** This remains a theoretical long-term vision with negligible real transaction volume. The core challenges—discovery, trust, negotiation, dispute resolution—are unsolved. While the potential for a new, high-speed settlement layer is real, it is not the current market. * **Agent Finance:** This is the sole area with existing, paying customers (fund managers, DeFi users). AI enhances real-time monitoring and autonomous rebalancing, offering real capability gains. However, competition favors established, regulated institutions with existing licenses and client relationships. The author concludes that the core deficiency in the Agent economy is not merely a payment layer, but a more complex **coordination** capability—figuring out how Agents and humans work together, verify task completion, and settle outcomes. Payment is just one component of settlement, which is itself part of coordination. For large companies, investing now is a defensive, long-term bet with minimal cost. For startups, however, the imperative is to find markets that exist today, not wait for a future wave that remains on the horizon.

marsbit9m ago

A Year of Observing Agent Payments: The Cold Reality Behind the Hot Narrative

marsbit9m ago

China's First Embodied Data Compliance Outbound: How Does Paxini Become a Game-Changer for Industry Development?

"Embodied Intelligence Data Compliance Goes Global: A Breakthrough Moment. At the 2026 World Intelligent Industry Expo, Paxini, the sole Chinese company authorized for cross-border embodied data transfer, launched a pioneering project in Tianjin. This marks the first officially approved case of its kind in China, resolving a major industry bottleneck for compliant international data flow. As the ultimate direction of AI evolution, embodied intelligence relies on vast, multi-modal physical world interaction data. Despite booming global demand, stringent compliance had previously trapped the domestic industry. Paxini's breakthrough establishes a formal compliance framework, setting a benchmark for standardized development. The core of Paxini's success lies in its industry-leading data infrastructure and compliant security architecture, aligning with national data strategy. It operates a large-scale 'data collection factory' for high-quality, multi-modal data and has established a full-chain compliant pathway from 'collection-processing-certification-outbound transfer'. This dual advantage in data scale/quality and compliance secures its leadership. Beyond immediate commercial impact, the project signifies long-term strategic value: international market validation from top-tier financial institutions and the compounding benefits of ecosystem building. High-quality physical world data possesses enduring value. By solving fundamental infrastructure and compliance challenges, Paxini not only contributes a 'Chinese model' to the global embodied intelligence industry but also solidifies a key competitive moat for the long haul. This enables safe, efficient global flow of China's quality embodied data, amplifying its influence in the intelligent manufacturing landscape."

marsbit11m ago

China's First Embodied Data Compliance Outbound: How Does Paxini Become a Game-Changer for Industry Development?