The Canton Network, deploying validators with Kiln

Canton

John Mulreany, Protocol Specialist
April 17, 2025

* Gross Reward Rate (GRR) may change over time and vary depending on the open source blockchain protocol code. In addition, fees might be deducted from the gross effective rewards earned.

What is the Canton Network?

The Canton Network is a privacy-enabled blockchain network designed specifically for institutional finance. Developed by Digital Asset and powered by the Daml smart contract language, it enables financial institutions to connect decentralized applications while maintaining the privacy, permissioning, and controls required for regulated environments.

The network acts as a decentralized infrastructure layer that synchronizes data and assets across various participants, allowing for atomic transactions and real-time settlement across a wide range of financial instruments and services. As of today, Canton is the leading network chosen for regulatory-grade, tokenized real-world assets with approximately $4T in TVL, including over $1.5T per month in tokenized UST repo.

Unlike public blockchains, the Canton Network emphasizes interoperability with privacy – participants can share data only with those who need to see it. This makes it suitable for complex financial workflows such as syndicated loans, repo markets, and asset tokenization. It is backed by major financial institutions including Goldman Sachs, BNP Paribas, and Microsoft, and is designed to bring the benefits of blockchain – such as efficiency and programmability – to traditional finance without compromising on regulatory or operational standards.

Watch this video to learn more about Canton:

What type of validators run in the Canton Network?

A validator in the Canton Network is a participant node equipped with the Canton Coin application. These nodes are responsible for validating transactions they are directly involved in, maintaining the integrity of the network. Validators earn Canton Coin as rewards for their services, which can be used to pay for network services, facilitate transactions, and manage traffic costs.

Super Validators are enhanced nodes that combine the functionalities of a validator and a Canton Synchronizer node. They play a crucial role in the Global Synchronizer, the decentralized interoperability infrastructure of the Canton Network. Super Validators validate every Canton Coin transfer, provide essential services such as the Name Service, and support other applications within the ecosystem. Super Validators are available by invitation only. Kiln has been elected to run a Super Validator in the Canton Ecosystem.

Who should run a Canton Network validator?

If you're developing or running an application that requires privacy-preserving validation, or an institution or service provider looking for full control over data and transaction processing, then running a validator is essential. For an understanding of current customers and applications using the Canton Network please review a full list here.

Is running a validator in the Canton Network incentivized?

Yes, validators on the Canton Network earn rewards in the form of Canton Coin, the network’s native utility token. These rewards are granted for maintaining active validator nodes – a process referred to as “validator liveness rewards.” By keeping their nodes operational and connected to the Global Synchronizer, validators contribute to the network’s stability and are compensated accordingly.

The token serves multiple critical functions:
  • 1
    Fee Payment: It is used to pay traffic fees incurred when using the Global Synchronizer.
  • 2
    Network Incentivization: It rewards all participants who contribute value to the ecosystem, including app providers and users.
  • 3
    Optional Application Payments: Application providers can denominate their service fees in Canton Coin.

Why should you use Kiln to deploy your validator?

Using Kiln to deploy your validator on the Canton Network – or on other proof-of-stake and enterprise chains – means tapping into a battle-tested, secure, and enterprise-grade staking infrastructure. Kiln is trusted by top institutions and infrastructure providers because it removes complexity, ensures uptime, and maximizes liveness rewards while remaining fully compliant.

Kiln has also been approved by the foundation to be a Super Validator within the Canton Ecosystem. A Super Validator in the Canton Network is a specialized validator node that plays a critical infrastructure role beyond normal validation and is run as part of the Global Synchronizer. The Global Synchronizer is the core mechanism enabling cross-domain synchronization, creating a highly resilient ‘trustless’ decentralized service that any validators can use to coordinate their transactions.

Why should you use Kiln to deploy your validator?

Using Kiln to deploy your validator on the Canton Network – or on other proof-of-stake and enterprise chains – means tapping into a battle-tested, secure, and enterprise-grade staking infrastructure. Kiln is trusted by top institutions and infrastructure providers because it removes complexity, ensures uptime, and maximizes liveness rewards while remaining fully compliant.

Kiln has also been approved by the foundation to be a Super Validator within the Canton Ecosystem. A Super Validator in the Canton Network is a specialized validator node that plays a critical infrastructure role beyond normal validation and is run as part of the Global Synchronizer. The Global Synchronizer is the core mechanism enabling cross-domain synchronization, creating a highly resilient ‘trustless’ decentralized service that any validators can use to coordinate their transactions.

Kiln White Labeled Validator Service:

Validator Type:
White-label
Network type:
Public-Permissionless
Native Asset (Global Sync):
Canton Coin
John Mulreany, Protocol Specialist
April 17, 2025

* Gross Reward Rate (GRR) may change over time and vary depending on the open source blockchain protocol code. In addition, fees might be deducted from the gross effective rewards earned.

Canton

What type of service does Kiln offer in the Canton Network?

Kiln offers a white-labeled service that allows us to deploy and whitelist a validator for you in the Canton Ecosystem with API-led implementation.

Are there slashing risks when running a validator?

No slashing: Validators are not penalized for being offline or misbehaving. There is no risk of losing staked assets because staking, in the traditional sense, is not part of the Canton validator model.

How do rewards work on Canton?

In the Canton Network, validators earn rewards in the form of Canton Coin, the network’s native utility token. The reward system is designed to incentivize participants who contribute to the network’s operation and growth. For those running validator nodes (not Super Validators), rewards can be accrued in two ways:

  1. Liveness Rewards: Validators receive rewards for maintaining active and connected nodes within the network, ensuring reliability and stability.
  2. Transaction-Related Fees: Validators also earn fees if they are involved in the smart contract workflows they validate.

What customers currently use Canton?

Canton is used by some of the largest financial institutions in the world today. Current customers include Goldman Sachs, BNP Paribas, Deutsche Börse Group, and BNY Mellon. Beyond traditional banking, the network also encompasses exchanges such as Cboe Global Markets, technology giants like Microsoft, and service providers including Deloitte and Capgemini.

Where can I learn more about the Canton Network?

For additional details, please refer to the official Canton Network protocol documentation.