The Canton Blockchain Debate: Permissioned or Not?

The Defiant··7 min read
Crypto/Web3TechnologyBusiness
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AI Summary

Canton Network faces criticism for positioning itself as permissionless while requiring validator approval through existing governance committees. The debate highlights fundamental differences between permissioned enterprise blockchain solutions and public networks like Ethereum.

Key Facts

Canton Network faces intense criticism for claiming to be permissionless while requiring validator approval through governance committees of incumbent institutions.
Digital Asset CEO Yuval Rooz refuses to acknowledge Canton is permissioned despite describing a business proposal approval process for becoming a super validator.
Google Quantum paper raises crypto security concerns while Resolv pledges full redemptions after exploit and Aztec launches private smart contract L2.

Author Takes

BearishThe Defiant

Canton Network

Canton is permissioned and should own what they built rather than claiming otherwise

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