CIP Browser

This Canton Improvement Proposal, CIP-0116, introduces per-party CC locking requirements for Featured App (FA) designation to shift governance towards a market-based process and prioritize applications with committed capital. To qualify as a Featured App, an application must maintain good standing with the Foundation and satisfy the applicable minimum CC locking requirement per PartyId, which varies between 5,000,000 and 25,000,000 CC depending on the application type. Failure to meet these requirements will result in loss of Featured App status, promoting a more objective and on-chain FA designation process.

Here is a 2-3 sentence summary of the CIP-105: This proposal introduces a long-term locking and commitment framework for Super Validators (SVs) on the Canton Network, aligning their incentives with the network's long-term success and reducing incentives for short-term behavior. SVs may elect to lock a portion of their lifetime earned SV rewards to maintain forward Super Validator Weight, with the locked amount directly tied to their influence on the network. This framework replaces reputational assurances with cryptographic proof of alignment, promoting a more transparent and objective system.

This Canton Improvement Proposal (CIP-0103) introduces a vendor-neutral dApp API that decouples network connectivity and key management from decentralized applications, enabling users to access any application with a validator and signing provider of their choice. The dApp API provides a standardized set of primitives for interacting with the Canton Network, emphasizing a minimal, interoperable surface with strict semantics for requests, responses, and errors. By standardizing the interface, the API promotes seamless interoperability between dApp clients and wallets, reducing friction, increasing integration effort, and elevating security.

This CIP-0100 establishes the governance framework for the CIP-0082 Development Fund, which is a 5% fund set aside for long-term investment in the Canton protocol. The fund will be managed by the Foundation, with community participation through Foundation processes, and will require quarterly reports and annual audits. The governance structure prioritizes strategic topics and sets up contributors for success, ensuring the fund's effectiveness and rate are formally reviewed every 12 months.

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 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 (CIP) aims to establish a subgroup of Super Validators called the Featured Application and Validator Committee (FAV-C) to review and vote on applications for the Featured Application designation. This subgroup will consolidate the Validator Committee and its functions, and will be responsible for establishing processes for becoming a Featured Application and making binding decisions regarding Featured Application designations. The FAV-C will operate with a limited size for efficiency purposes and will be subject to review and voting via standard governance mechanisms at least every 12 months.

CIP-0006 establishes a temporary process for allocating the initial 200 Validator rights and approving applications for MainNet launch, delegating this responsibility to a 3-person Super Validator Council (SVC) working group until the Foundation is operational. It also defines conditions and a process for revoking Validator rights due to inactivity. CIP-0007 proposes an incentive mechanism where Super Validators (SVs) can earn additional reward weight and are allocated a specific number of Validator rights for successfully onboarding new Validators and applications to the Canton Network within the first 12 months post-MainNet launch.