'Trust Me, Bro': Why Canton Is No More Private Than JPMorgan Is Private

Description

Is Canton's privacy real, or just trust in a sequencer? Mert Mumtaz and Joe Andrews argue Canton's private stablecoin transactions rely entirely on trusting a centralized operator not to sell your data, no different from banking with JPMorgan. Jarrad Hope weighs in on whether Canton could ever evolve toward real cryptographic guarantees. Hosts: Laura Shin - Founder, CEO and Host of Unchained - https://x.com/laurashin Guests: Joe Andrews - CEO of Aztec Labs - https://x.com/jaosef Jarrad Hope - Founder of Logos - https://x.com/jarradhope_ Mert Mumtaz - Cofounder and CEO of Helius - https://x.com/mert This clip is from a longer conversation on crypto privacy. Full episode here: https://youtu.be/KSQt1PHwqiI We go live twice every week - subscribe to catch it live. Cape: Your biggest crypto vulnerability isn't your wallet, it's your phone number. Cape is America's privacy-first mobile carrier that rotates your SIM identity daily and blocks SIM swaps before they happen. Get 33% off your first six months at https://cape.co/unchained (use code: UNCHAINED). Chapters: 🏦 00:00 Laura sets up the question: is Canton actually a privacy leader? ⚖️ 00:26 Mert says Canton is no more private than trusting JPMorgan 🔐 00:55 Joe on Canton's 'trust me, bro' sequencer model 🔮 01:51 Laura asks what happens to Canton's institutions long term 🎲 02:21 Jarrad on whether Canton ever migrates to real cryptography _______________________________________________________ #bitcoin #ethereum #crypto #cryptocurrencies ++++++++++++++++++++++++++++++++++++++++++++++++ Subscribe to our channel! Website → https://unchainedcrypto.com Unchained Daily Newsletter (FREE!)→ https://unchainedcrypto.beehiiv.com/subscribe/ Unchained X → https://x.com/unchained_pod Apple → https://podcasts.apple.com/us/podcast/id1123922160?ls=1 Spotify → https://open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w RSS Feed → https://feeds.megaphone.fm/LSHML4761942757 Unchained: Your no-hype resource for all things crypto!