1 week ago
Is Canton Really Blockchain? Researcher Says It Fails Every Decentralization Test
AnalysisBlockchain CentralizationCanton NetworkCrypto TVLCyber CapitalDeFiLlamaJustin BonsPermissioned BlockchainReal World Assets
TLDR: Justin Bons says Canton’s invitation-only validator process makes it a fully permissioned, centralized system. Canton’s tiered fee structure charges smaller users more, drawing direct comparisons to traditional banking models. The network’s claimed $326 billion TVL is disputed, with DeFiLlama reportedly listing its actual TVL at zero. Bons argues Canton’s 21.8% inflation rate and free [...]
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