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CIP 00XX - Add 3Commas Capital as Tier-2 Super Validator and Deliver Interoperability & Bitcoin Liquidity for the Canton Network

cip-discuss1 messagesstarted 22-07-2025
  1. #1DrAmandaLMartin22-07-2025source ↗
    Hello,

    Please find open for discussion: CIP 00XX - Add 3Commas Capital as Tier-2 Super Validator and Deliver Interoperability & Bitcoin Liquidity for the Canton Network
     
    Here on GitHub  
    Full text below.

      CIP: CIP 00XX
  Title:  Add 3Commas Capital as Tier-2 Super Validator and Deliver Interoperability & Bitcoin Liquidity for the Canton Network
  Author: Dmitriy Larikov  
  Status: Draft 
  Type: Standards Track 
  Created: 2025-05-19
  License: CC0-1.0

    Abstract

    Add 3 Commas Capital as a Tier-2 Super Validator (weight 3) on the Canton Network and, together with its portfolio projects deBridge and Midl, deliver:

    • a production-ready, liquidity-free interoperability bridge between Canton and major chains (EVM, Solana, …) within 4 months of CIP approval;
    • native support for Bitcoin liquidity and BTC-denominated assets in Canton smart contracts within the same 4 months;
    • 3–5 pilot projects with leading financial institutions and corporations across Europe and the Middle East within 6 months.

    Motivation

    Canton currently lacks (1) a standardised, production-grade path for cross-chain liquidity and (2) native access to Bitcoin assets. Existing bridges immobilise liquidity and require bespoke integrations, slowing ecosystem growth.

    Specification

    Validator

    FieldValue
    Entity3 Commas Capital
    Tier2 (weight 3)
    RoleSuper Validator

    Interoperability Bridge

    • Provider: deBridge (portfolio company of 3 Commas Capital).
    • Scope: connect Canton to EVM, Solana and other supported chains.
    • Features: message-based, liquidity-free transfers; extensible IaaS adapter framework.
    • Timeline: production release ≤ 4 months after CIP approval.

    Bitcoin Liquidity Integration

    • Provider: Midl (supported by 3 Commas Capital).
    • Scope: integrate Canton into Midl’s infrastructure, enabling direct BTC wallet support and Bitcoin-native assets without wrapping.
    • Timeline: ≤ 4 months after CIP approval.

    Pilots

    3 Commas Capital will launch 3–5 pilots with Tier-1 financial institutions and corporates in Europe and the Middle East within 6 months.

    Rationale

    • deBridge already supports EVM, Solana and other ecosystems with fast, liquidity-free transfers and a modular adapter framework, making it a natural fit for Canton integration.
    • Midl provides Bitcoin-native smart-contract infrastructure, unlocking BTC liquidity for DeFi use cases without wrapping.
      These components directly address the gaps identified in Motivation.

    Backwards Compatibility

    Purely additive; no changes to consensus rules or existing smart-contract semantics.

    Reference Implementation

    • deBridge Canton adapter (open-sourced under Apache-2.0).
    • Midl Canton integration module (Apache-2.0).

    Security Considerations

    • Validators operated with HSM-based key custody, multi-site redundancy and 24 / 7 monitoring.
    • deBridge design removes liquidity pools, reducing attack surface compared to lock-and-mint bridges.
    • Midl employs threshold-signature custody for BTC assets.

    Licensing

    This CIP is licensed under CC0-1.0: Creative Commons CC0 1.0 Universal