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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

So all Bitcoin miners run Bitcoin cash consensus?

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

No, they made a decision that they don't want to do that part of them.

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

And they decided we're not going to look at those transactions.

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

But you see, David, you are now making a distinction of because it's a code versus a governance thing of the network.

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

The outcome is the same.

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

I decided that a group of people decided that they want to change the code.

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

A group of people decided that they want to change the code.

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

And a certain group of people said, no, we don't.

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

And they forked as a result.

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

And now you have Bitcoin Cash and you have Bitcoin, right?

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

Like Bitcoin Cash forked off of Bitcoin.

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

I guess my point, my point is that, again, you're back, David, in my opinion, to the world of social contracts.

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

No, no, listen, listen, at the end of the day, by the way, I'm not disagreeing.

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

It is very different and I'm not trying to actually minimize its importance.

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

But here, here, I'll take it, I'll take it a step further.

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

We think that if anything, Canton actually allows, right, the whole idea of blockchain and everything was democratizing finance and allowing everybody to participate.

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

The average person on the street cannot become a validator on Sui or on Solana.

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

Where actually, if someone thinks that they can add value to Canton, as small as they are, and now you can look at the super validators on Canton, these are small crypto firms that actually added value from early days.

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

and participated, didn't have to stake tens of millions of dollars, which to me is not very accessible.

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

So I'm not here to debate that it's not significantly different.