The Big Canton Debate: Is Canton a Permissionless Blockchain?
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Digital Asset's CEO discussed Canton’s architecture and its claims during a live debate.
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Critics questioned the network's permissioned validators and lack of a universally shared ledger.
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The debate featured industry leaders including Yuval Rooz, Haseeb Qureshi, and Alex Gluchowski.
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Canton is associated with major financial institutions like JPMorgan and HSBC.
The Big Canton Debate: Is It Permissionless? Is It a Blockchain? - Unchained
The Big Canton Debate: Is It Permissionless? Is It a Blockchain?
Digital Asset’s CEO faces pointed questions about Canton’s core claims and admits something surprising about the network’s architecture.
Posted April 22, 2026 at 2:37 pm EST.
Listen to the episode on YouTube , Apple Podcasts , Spotify , Fountain , Podcast Addict , Pocket Casts , Amazon Music , or on your favorite podcast platform.
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Canton is the chain behind JPMorgan’s deposit token, DTCC, Broadridge’s $400 billion repo book, HSBC, Visa, and a growing roster of the biggest names in global finance. It describes itself as a public permissionless blockchain. But is it?
Yuval Rooz, co-founder and CEO of Digital Asset, faces off against Alex Gluchowski, co-founder and CEO of Matter Labs, and Dragonfly managing partner Haseeb Qureshi in a live debate.
The charges range from foundational: Canton cannot enforce financial rules without a trusted third party, its validators are permissioned in everything but name, and there is no universally shared ledger.
Rooz fires back on all of it and, at one point, concedes something that may surprise you.
If the label matters as much as the technology, this episode will force you to decide what blockchain actually means, and whether that answer has consequences for the institutions staking their infrastructure on it.
Yuval Rooz : Co-Founder & CEO, Digital Asset
Haseeb Qureshi : Managing Partner, Dragonfly
Alex Gluchowski : Co-Founder & CEO, Matter Labs
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