- DL News interviews the man behind Canton Network.
- He shares his rationale for building the $5.5 billion network.
- Critics question if Canton is truly a blockchain.
For the last 11 years, Yuval Rooz has been working on one goal: getting traditional financial institutions to use blockchains.
The problem? “Crypto ideologues,” as he puts it, are lambasting his institution-focused blockchain, Canton Network, and slamming it for not being as open and decentralised as they’d like, while other competitors avoid their wrath.
“Nobody made noise from the Ethereum ecosystem on all of these L2s that run literally a centralised sequencer,” Rooz said in an interview with DL News at EthCC in Cannes.
“You go on Base. Base can censor the living hell out…
