Canton, ZKsync clash over how blockchains enforce rules
Industry leaders from Canton and ZKsync debate whether institutional blockchains should prioritize global state enforcement or localized, privacy-focused institutional control.Summary
The article examines a fundamental debate between Matter Labs’ Alex Gluchowski (ZKsync) and the team behind the Canton network regarding how financial institutions should operate on-chain. Gluchowski argues that true blockchains require a shared state where rules are enforced universally, criticizing Canton for functioning like a modernized version of legacy bilateral systems. Conversely, Canton’s founders, Shaul Kfir and Yuval Rooz, contend that their privacy-centric model, which allows participants to verify only their own transactions, maintains high security and trust without the need for a global ledger. While ZKsync promotes zero-knowledge proofs to anchor verification to Ethereum, Canton maintains that its institutional approach properly balances privacy with existing regulatory requirements.
(Source：Cointelegraph)