Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

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4.7 • 1.2K Ratings

🗓️ 12 January 2026

⏱️ 91 minutes

🔗️ Recording | iTunes | RSS

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Summary

Is Canton a real blockchain or a new kind of capital-markets operating system? Digital Asset co-founder Yuval Rooz explains why Canton prioritizes privacy as “need-to-know” information sharing and a federated “cantons” design that still allows atomic cross-canton transactions without bridges. We unpack the two-tier architecture (edge validators + super validators that stitch cantons together and validate the public Canton Coin) and what that means for governance in regulated finance. Plus: DTCC’s tokenization pilot starting with U.S. Treasuries, and why CC fees are USD-denominated with a burn/mint mechanism designed to track real network utility. ------ 🎬 DEBRIEF | RYAN & DAVID UNPACKING THE EPISODE https://www.bankless.com/podcast/debrief-is-canton-even-a-real-blockchain ------ 🔮POLYMARKET | #1 PREDICTION MARKET https://bankless.cc/polymarket-podcast 👑BANKLESS PREMIUM | AD-FREE & BONUS EPISODES https://bankless.cc/spotify-premium 🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://bankless.cc/the-defi-report 💰ICO WATCH | UPCOMING PUBLIC TOKEN SALES https://bankless.cc/ico-watch ------ TIMESTAMPS 0:00 Intro 0:57 Canton Origin 8:02 Vitalik’s Post 14:15 Canton Philosophy 24:19 Canton Architecture vs Competitors 34:27 RWA Property Rights Debate 38:17 Canto Super-Validators 50:39 Canton Critiques 56:56 Decentralized vs Open Finance 1:02:16 Are Decentralized RWAs Possible? 1:07:04 Is Canton a Real Blockchain? 1:14:20 Canton Metrics 1:22:17 DTCC Relationship 1:25:27 Canton Token 1:30:43 Ethereum vs Canton in 2030 1:31:55 Closing & Disclaimers ------ RESOURCES Yuval Rooz https://x.com/YuvalRooz Canton https://www.canton.network/ Omid Malekan vs Austin Campbell Professor Debate https://www.youtube.com/watch?v=m-h-PeUOvDw RWA Analytics https://app.rwa.xyz/ ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠

Transcript

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0:00.0	The second you have the world, real world, unfortunately, you open yourself to censorship resistance by the issuer.
0:08.9	It doesn't matter that you put it on a decentralized infrastructure.
0:12.1	And Ryan, David, do you guys use stable coins?
0:15.1	Yeah, of course.
0:15.8	You do?
0:16.3	Cool.
0:16.6	Okay.
0:16.9	Well, the issuers of those stable coins, pretty confident having the smart contract a feature that allows them either to freeze your stable coins
0:23.9	or to, in some cases, even burn them out of your wallet.
0:27.8	So what does it matter that it runs on permissionless infrastructure?
0:31.1	I mean, there are reasons why it's good
0:33.1	that it runs on permissionless infrastructure,
0:35.3	but you're not getting what Vitalik is putting in his post.
0:42.3	Bankless Nation, we are here with Yuval Ruse. He is the co-founder of Digital Asset, which is the
0:47.3	parent company behind the Canton Network, which is a subject that we've got some questions about
0:51.9	today here on the show. Yvall, welcome to
0:54.3	bankless. Great to be here. I think my first question, and I think you probably watched me react
1:00.5	to this when Ryan was telling me about the Canton network on the weekly roll-up, that was the first
1:04.4	time the Canton had ever been invoked on the show. Where did Canton come from? Because all of a
1:10.0	sudden, there is a multi-billion dollar network on the scene with some pretty
1:13.5	impressive BD partnerships.
1:15.7	And I had no idea.
	...

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