by The DCo Podcast
Date: [Insert Date Here]
This summary is for builders and investors who want to understand how institutional privacy changes the DeFi playbook. It explains why Canton is prioritizing capital markets over the retail meme frenzy to capture professional liquidity.
Canton Network is assembling the plumbing for a private, institutional-grade financial system. While retail users are used to the transparency of public chains, Canton is betting that professional capital requires a different set of rules. The network is currently scaling its validator set to support a new class of on-chain assets.
“There's 600 plus validators connected there.”
“I'm not sure that privacy is additive there.”
“It's going to look and feel in the not-so-distant future a lot like what you would in other ecosystems.”
Podcast Link: Click here to listen
It's all underway. It's all out there. It's pretty cool. It's a pretty vibrant ecosystem. There's 600 plus validators connected there. Many, many wallets, lots of apps being built out. We have tons of capital market stuff, but we have lots of stable coins both online and coming online. We have wrapped and bridged Bitcoin variants both online or coming online. We have early DEXes, early AMMs, early vaults, early perpetual DEXes, early trading infrastructure, early collateral management stuff. There's a lot of really cool stuff being built in the ecosystem and I'm excited to see all of it as it starts to land and really come online.
Speaker: So, a regular DeFi user, what can they go and try out?
Speaker: So you mean like normally if I were to log in to Phantom and buy some meme coins or something like that?
Speaker: Yeah, I think for the pure retail user, that stuff is still a little bit early. It's coming online, but there are some early DEXes that are starting to pop up. There are some nice wallets that are passing those DEXes through to the users. So you'll be able to get into some of the assets and the stables that are on Canton through those privacy preserving DEXes and swap facilities.
I'm blown away every day; there's kind of something new for retail, but I'm not going to steal anyone's thunder there. People are announcing that stuff as it comes out, but it's going to look and feel in the not-so-distant future a lot like what you would in other ecosystems. But I would say with the caveat that I've not seen much emphasis on memes or NFTs or stuff along those lines. I actually think that sort of stuff benefits from transparency, so I'm not sure that privacy is additive there. And I haven't really seen a lot of interest in that stuff sort of coming over to our ecosystem.
