
Is Canton Permissionless? CEO Says Yes, but SuperValidators Need Approval
Quotes & Clips
5 clipsCanton enables atomic composability with data privacy
“No other blockchain offers, you know, atomic composition of smart contracts with privacy. So, you know, that's what you can achieve on Canton that you cannot achieve on other blockchains, to the best of my knowledge, including on Pravidium.”
Critics challenge Canton's status as a permissionless blockchain
“I believe, and I would like to understand it better in this debate, that Canton is not really a blockchain. Because if you, like, it's not about the definitions. It's not about semantics. It's really about the properties. When you say blockchain, you're tapping into more than a decade of an industry with certain values, certain value that was generated, some innovations, some new ways of doing things that were not possible before.”
Global banks adopt Canton for institutional asset tokenization
“Just today, we announced a partnership in Japan with Mizuho, Nomura and JPX around tokenized JGBs. We announced a partnership with Hanwha, you know, Visa. You mentioned JPMorgan. Last week, it was HSBC payments. And we're just executing on those things.”
Canton uses UTXO models for decentralized state management
“Canton follows a UTXO model that can be validated by multiple parties. You could actually have decentralized composability on Canton, which could not be done in a message-based architecture. So, Canton does do a decentralized state management, which is the idea of a blockchain.”
The network aims to bridge TradFi with blockchain
“For us, we're trying to make capital markets natively on chain, and there's a lot of features that had to be solved as a result of making that happen. It's actually kind of similar to the internet. The internet is a permissionless piece of infrastructure. Yet if you build a website on the internet, you're not kind of mandated to make your website public permissionless for everyone to be able to access it.”
Want to hear more clips?
Get a daily email of the best quotes & audio clips from the top podcasts.