Wayne Collier

If you were absolutely committed to: - Bringing the global financial system onchain, linking all existing institutions into an interoperable network accessible to anyone - Adding a fully decentralized crypto ecosystem inside that network, with atomic composability among traditional and crypto assets - Allowing anyone in the world to personally own a piece of that network, with self-custody of that ownership stake - Preserving privacy for everyone What would you build? If your understanding of Canton doesn’t fit this picture, let’s dig deeper.

@malekanoms Great points

What if we brought $CC burn to private subnets? :shock:

Great points in this thread. Canton has high burn on the Global Synchronizer today, and it's also true that there's a lot of traffic going through the private synchronizers that doesn't burn $CC yet. The private subnets want to link to each other, and they'll do that over the Global Synchronizer (public layer). That interop will burn $CC. You'll see the volume of these transactions among private subnets scale up on the public rails throughout the year. The transactions will remain private, but they'll burn $CC to use the gSync as their interop / transit layer.

You should’ve done a little more research before writing out a 12 page thread because your entire premise was based off of “No Network Revenue” due to most transactions not being on the public global synchronizer…which IT IS though. $2 Milly+ per day in fees making @CantonNetwork the most profitable network by revenue Full stop. Period. End of story Yessah! 🤙🏾🤙🏾

Canton is a lot of infrastructure, a lot of institutional players, a lot of noise… but… but for retail and the price of $CC, what matters is: • more mainnet • more fees • more burn • more public flow • more value capture • less private circuit • more token-burning activity

Missed @Wesarn_real LIVE from the Empire State with @TheRollupCo? Eric breaks down how Canton was designed to move beyond the private vs public chain tradeoff, and discusses the network’s tokenomics and governance structure. Catch the replay. x.com/i/broadcasts/1…

@reikopuls @CantonFdn Very good point, @reikopuls. The synchronizer (decentralized across the Super Validators) guarantees order, delivery and atomic two-phase commit. Thanks for highlighting this!

@CantonFdn I think your text forgot "manage atomicity" in the list of tasks that supervalidators achieve. It's very important

Canton splits “consensus” into two layers, and that’s the privacy unlock. 🔹 Super Validators run the shared, censorship resistant coordination layer: ordering & timestamps, double-spend protection, and ensuring the right parties receive the right packets to compose transactions. But SVs don’t see the underlying business logic or data. 🔹 Validators at the edges (the actual parties to a contract) validate the transaction’s rules and state changes, so a bilateral trade is verified by the only two entities that need to know it happened. Think of SVs as a decentralized post office: they route and secure, without reading your mail.

Poor countries remain poor because they protect their ruling class. The gatekeeping starts with super-elite private schools, and continues with regulation and corruption. Countries that thrive don't protect their ruling class. They prize usefulness over "excellence" and open the gates.

@magattew The unlock for me was when I realized that the third world has the best primary and secondary schools anywhere. And that's the reason they're stuck.

AOC and Mamdani are wrong. And Africa is the proof. Next time you talk to a socialist, use this angle. I’ve never seen one hold on to their ideology for more than an hour after hearing it:

When we talk about decentralization, we're saying that no single entity can take control of a system. There is more than one way to be achieve this, and Canton supports several approaches. For example, most blockchains decentralize through distribution: they give every node the same information, and let every node process it in the same way. We might call this "symmetric" decentralization: each node looks like the others: they all access the same data and perform the same computations. Symmetry gives you great resilience for computational consistency and for data permanence, at the cost of privacy: If you compute a result, all nodes on the chain will get the same result. If you lose data, the chain can restore it for you. But everyone will know everything you're doing. Canton Coin is symmetric: all nodes in the Super Validator pool see every Canton Coin transaction, and reach consensus on them. They also all independently publish what they see, so everyone can verify it. And any 2/3 supermajority of Super Validators could take over Canton Coin and fork it, without any "permission" to do so. Canton Coin is a simple, bearer asset: no controlling entity, no gatekeeper. (There's no @Siegefire big red button). But Canton Coin is just one application on Canton. CBTC is another app on Canton, and it's similar to Canton Coin, with a pool of validators (aka "attestors") that reach consensus on each transaction. But CBTC doesn't make all transactions public. The attestors keep each other honest, and a group of attestors can fork CBTC without any permission from anyone. But to verify the totality of what that pool of attestors is doing, you'd have to join the pool (at least as an observer). This is still decentralization, but with less symmetry: censorship-resistant and resilient, but not visible to everyone. Finally you have private, centralized assets on Canton, where the asset is controlled by a single entity. In these cases, the thing the blockchain gives you out of the box is guaranteed consistency and interoperability (and the liquidity that comes with those two). It takes some extra work to make it fully resilient. If you don't like what the centralized asset owner is doing, you can't raise a team to change it. But Canton's interoperability means that you can just trade your assets for something you like better, and walk away. This interoperability means that even centralized apps contribute to the decentralization of Canton overall: they add to the number of centers of power that control the network, and each user can engage with or ignore the assets they create. Separate control centers, fully independent from each other, but also completely interoperable. The remarkable thing about Canton is that no matter how many different apps you participate in, you see a composed view of your state and transactions across all those apps as a single, composed ledger that is unique to you. And on top of that, you see a steady stream of proofs that all of your counterparties across all of your transactions have the same understanding (inputs and outputs) that you have for each transaction they shared with you. So you're sitting at the nexus of a private chain known only to you, with each element of that chain proven multiple times by multiple independent entities. Canton maximizes decentralization and privacy, and Canton Coin gives you a way to own a piece of the value that comes from integrating across all these many apps. That's why--for me--it's the only chain that actually delivers on the cypherpunk vision. You can read more about various decentralization mechanisms in Canton here: docs.digitalasset.com/overview/3.4/e… docs.digitalasset.com/operate/3.4/ho…

It’s easy now to get the facts about Canton from the source. No need to rely on secondhand info. Grok does a great job explaining the code that makes all work. You can ask Grok to explain: Hyperledger Splice source to understand decentralization of Canton Coin (an example of a Splice Amulet), and decentralization of governance: github.com/hyperledger-la… Canton protocol source, to understand how private, centralized assets can coexist with decentralized assets and remain interoperable with each other: github.com/digital-asset/…

@lex_node @FigoETH On Canton you have the option to buy decentralized, unregulated public assets, like Canton Coin, and you can also buy regulated centralized assets (and other options as well). And they’re interoperable and composable with each other.

"In Canton, a participating institution chooses what the network knows—there is no single, transparent asset registry." "In Canton, the issuer can choose what information is shared and what trades are allowed, meaning the asset is not truly negotiable." swenldn.substack.com/p/damls-canton…

@MrLiebert01 @ElonTrades Real dev activity is already happening at scale in Canton; this CIP builds in long-term sustainability by funding an expanding number of contributors in all major areas.

@ElonTrades Interesting do you think this actually drives real dev activity, or just cleaner optics for institutions around $CC?

Bravo 👏 CIP-0100 just passed and it defines how Canton's 5% development fund will actually be governed. Elected committee. Milestone-based grants in CC minted directly to recipients. Core contributor oversight on delivery. Quarterly public reports. Annual independent audit. Formal appeals process. Most crypto dev funds start with vague mandates and bolt on accountability later (Ethereum foundation only formalized treasury policy in 2025 after years of backlash, Solana Foundation still hasn't published formal spending reports, Polkadot faced criticism for $87M in opaque H1 2024 spend). Canton is launching with the governance framework most projects only build after things go wrong. $CC github.com/canton-foundat…

@iptf_updates But it seems like the majority of financial and corporate activity will move to Canton. And a private individual who wants to own a piece of that activity, and invest on a global scale, would probably benefit from joining Canton as well. (end)

@iptf_updates And I might use Ethereum-based solutions when I want a small set of transactions to be processed completely anonymously, and I can accept the possibility of total loss due to an error. 9/

Institutions face a hard question: private ledgers or public blockchains with cryptographic privacy? Three generations of enterprise blockchains hit the same structural limits. What matters: privacy by policy or privacy by math. New write-up with a decision framework 👇