Introduction to Canton¶
Canton is a Daml ledger interoperability protocol. Parties which are hosted on different participant nodes can transact using smart-contracts written in Daml and the Canton protocol. The Canton protocol allows to connect different Daml ledgers into a single virtual global ledger. Daml, as the smart contract language defines who is entitled to see, and who is authorized to change any given contract. The Canton synchronization protocol enforces these visibility and authorization rules, and ensures that the data is shared reliably with very high levels of privacy, even in the presence of malicious actors. The Canton network can be extended without friction with new parties, ledgers, and applications building on other applications. Extensions require neither a central managing entity nor consensus within the global network.
Canton faithfully implements the authorization and privacy requirements set out by Daml for its transactions.