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Yuval Rooz

๐Ÿ‘ค Speaker
862 total appearances

Appearances Over Time

Podcast Appearances

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

Does it mean that there's any impact on the features of your technology?

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

So I think the governance of Canton have been another very helpful component in the choice.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

And then scaling, scaling.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

And then the last thing that I would say is, again, when you launch your own canton, you have full sovereignty and control over your canton.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

What I mean by that is, think again back to the design of the internet.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

You know, if a country outside of the U.S.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

said, hey, we want to block LinkedIn for whatever reason, they can do that, right?

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

You still use the same internet protocol, but you have sovereignty and control, right?

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

You have, you know, you have the same protocol, but you have sovereignty and control over your canton.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

In a public permissionless network,

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

You do not have that.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

And as a result of that, you have to do a lot of things off-chain as redundancy.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

I'll give you an example.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

There was the SUI hack, if you remember.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

I can't remember what was some kind of a protocol and everything.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

And, you know, the reality of that hack is that hacks are bad, right?

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

People lose money, not a good outcome.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

And if you remember, they decided to kind of fork and kind of reverse the hack.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

But I think, what did they prove?

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

Well, they proved that blockchains are not immutable.