CIP Browser

This Canton Improvement Proposal (CIP 0048) raises the reward minting caps for Validators and application providers by a factor of 200X, increasing the cap from $2.85 USD/round to $570 USD/round for Validators and from $100 to $20,000 for application providers. This change will eliminate minting caps until Canton Coin reaches a conversion rate of $1 USD per Canton Coin. The Super Validators will implement this change via an onchain vote, making it persistent across the current configuration and future steps of the issuance curve.

This Canton Improvement Proposal (CIP 0047) introduces the ability for featured applications to create activity markers without transferring Canton Coin, allowing for rewarding applications that do not inherently involve Canton Coin. The activity markers will have a constant value determined by a new governance parameter, `featuredAppActivityMarkerAmount`, which can be changed through a governance vote. This change will enable more applications to receive rewards without the need for artificial Canton Coin transfers.

CIP 0046 proposes adding Coin Metrics as a Weight 1 Super Validator to the Canton Network. This mechanism involves increasing the Global Super Validator's minting weight by one and assigning it to Coin Metrics, with the expectation that they will operate their own Super Validator within six months. The impact is to integrate Canton MainNet data into Coin Metrics' analytics products, enhancing transparency and providing valuable network and market data to their institutional client base.

CIP 0045 proposes a 2.5 SV weight threshold for Super Validators to operate their own SV node, with those exceeding this threshold required to do so within 6 months or risk forfeiting their SV weight or rights. This change aims to address the "free rider problem" and encourage experienced operators to run their own nodes. The impact will be a more equitable distribution of responsibilities among Super Validators.

This CIP proposes adding Elliptic as a Tier4 SV with a weight of 0.5, increasing the GSF’s minting weight accordingly. Elliptic commits to providing on-chain AML monitoring for CC and USDC transactions within six months and joining as a General Member of the Global Synchronizer Foundation. This aims to enhance institutional participation and de-risk transactions by providing critical AML information for inbound and outbound CC transfers.

This CIP proposes adding TRM Labs as a Weight 2.5 SV to provide on-chain AML monitoring for Canton Coin and USDC transactions, and to engage in regulatory education about Canton's privacy capabilities. TRM Labs commits to integrating CC and USDC with their AML product within six months, and to active regulatory engagement and joining the Global Synchronizer Foundation within 60 days, with penalties for missed milestones. This aims to enhance institutional adoption of Canton Coin by de-risking transactions and addressing regulatory concerns regarding privacy.

This Canton Improvement Proposal aims to maintain a stable price of $1 for typical asset transfers via the Global Synchronizer by adjusting synchronizer fees as needed. The proposal allows Super Validator operators to adjust fees without explicit approval from rights owners to maintain this price level, in response to decreasing transaction costs due to improvements such as the 32% reduction in transaction payload size. By doing so, the proposal ensures that the cost of asset transfers remains stable despite changes in underlying costs, providing a simpler pricing mechanism for users.

The Canton Improvement Proposal 0041 aims to add Circle as a Weight 10 Super Validator, which will enable native Canton support for USDC, a regulatorily sound USD equivalent, by July 1, 2025. This addition is expected to facilitate significant use of USDC as an institutional on-chain settlement asset, particularly among US institutions. By increasing the Global Super Validator's minting weight and assigning it to Circle, the proposal seeks to enhance the Canton Network's capabilities for large-scale institutional use.

The Canton Improvement Proposal aims to add new Super Validators to the Canton Network, including Lukka and Strange Pixels, to enhance the network's decentralization and resiliency. Lukka will provide on-chain AML monitoring, while Strange Pixels will offer Super Validator operation services to other validators, increasing the operator pool and improving the network's overall security. The addition of these new validators is expected to support institutional participants and promote the adoption of Canton Coin.

The Canton Improvement Proposal (CIP) aims to add new Super Validators to the Canton Network, including Lukka and Strange Pixels, to enhance the network's decentralization and resiliency. Lukka will provide on-chain AML monitoring of Canton Coin transactions, while Strange Pixels will offer to operate Super Validators for other Super Validators, improving the network's overall security and reliability. The addition of these new Super Validators is expected to increase the network's minting weight and improve its ability to support institutional participants.

The Canton Improvement Proposal (CIP) aims to add new Super Validators to the Canton Network, including Lukka and Strange Pixels, to improve decentralization and resiliency. Lukka will provide on-chain AML monitoring, while Strange Pixels will offer to operate Super Validators for other Super Validators, increasing the operator pool and reducing coordination overhead. The addition of these new Super Validators is expected to support institutional participants and improve the overall security and functionality of the Canton Network.

This Canton Improvement Proposal (CIP) adds Obsidian as a Tier 3 Sovereign Validator (SV) with a weight of 1, increasing the GSF's minting weight by 1. Obsidian commits to contributing to the Hyperledger Splice repository at least once a month for 2 years, focusing on specific issues. This addition aims to expand the universe of parties maintaining the Daml, Canton, and Splice codebases, improving the overall ecosystem's development experience.

The Canton Improvement Proposal aims to add new Super Validators to the Canton Network, including Lukka and Strange Pixels, to improve decentralization and resiliency. Lukka will provide on-chain AML monitoring, while Strange Pixels will offer to operate Super Validators for other Super Validators, increasing the operator pool and reducing coordination overhead. The addition of these new Super Validators is expected to support institutional participants and improve the overall security and functionality of the Canton Network.

CIP 0035 proposes adding Five North (5N) as a Tier2 SV with a weight of 3, contingent on 5N committing 90% of its SV earnings to invest in Canton Network applications. This mechanism establishes an ecosystem fund where 5N, acting as a venture capital entity, will distribute venture earnings (minus fees) back to the GSF for reinvestment. The proposal aims to foster ecosystem growth through equity investments rather than grants, providing a sustainable, return-generating model for community benefit.

The Canton Improvement Proposal (CIP) aims to add new Super Validators to the Canton Network, including Lukka and Strange Pixels, to improve the network's decentralization and resiliency. Lukka will provide on-chain AML monitoring of Canton Coin transactions, while Strange Pixels will offer to operate Super Validators for other Super Validators, increasing the operator pool and reducing coordination overhead. The addition of these new Super Validators is expected to support institutional participants and improve the overall security and reliability of the Canton Network.

The Canton Improvement Proposal (CIP) aims to add new Super Validators to the Canton Network, including Lukka and Strange Pixels, to improve decentralization and resiliency. Lukka will provide on-chain AML monitoring, while Strange Pixels will offer to operate Super Validators for other Super Validators, increasing the operator pool and reducing coordination overhead. The addition of these new Super Validators is expected to support institutional participants and improve the overall security and reliability of the Canton Network.

The Canton Improvement Proposal (CIP) aims to add new Super Validators to the Canton Network, including Lukka and Strange Pixels, to improve decentralization and resiliency. Lukka will provide on-chain AML monitoring, while Strange Pixels will offer to operate Super Validators for other Super Validators, increasing the operator pool and reducing coordination overhead. The addition of these new Super Validators is expected to support institutional participants and improve the overall security and reliability of the Canton Network.

The Canton Improvement Proposal (CIP) aims to amend the existing referral reward structure to encourage early participation and adoption of the Canton Network. The proposed changes include adjusting the deadline for referral bonuses and clarifying the requirements for earning Super Validator reward weight, with the goal of improving network adoption and growth. By passing CIP-0024, the existing CIP-0007 will be superseded, providing a revised framework for referral rewards and incentive structures within the network.

The Canton Improvement Proposal (CIP) aims to amend the referral reward program established in CIP-0007, which provides incentives for Super Validators and Validators to bring new apps and Validators to the Canton Network. The proposed changes include revising the deadlines and clarifying the terms of the referral rewards, which are intended to encourage early participation and adoption of the Network. By passing CIP-0024, the referral reward program will be updated to better reflect the current state of the Network and provide a more fair and effective incentive structure.