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CC$0.1509▼ -0.72%CBTC$78,241▲ +1.24%USDCx$1.00▲ +0.01%ETH$1,580▼ -0.45%BTC$78,241▲ +1.24%Inst. Assets$4T▲ +5.2%24h Vol$10.0M▼ -3.1%Validators800+▲ 55 SVsCC$0.1509▼ -0.72%CBTC$78,241▲ +1.24%USDCx$1.00▲ +0.01%ETH$1,580▼ -0.45%BTC$78,241▲ +1.24%Inst. Assets$4T▲ +5.2%24h Vol$10.0M▼ -3.1%Validators800+▲ 55 SVs
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BitGo on Canton Network

BitGo operates a Canton validator alongside their custody and trading services. This dual role as custodian and validator deepens their integration with Canton's infrastructure and ensures alignment with the network's security requirements.

BitGo's Role in Canton Consensus

BitGo operates as a standard validator on the Canton Network with a weight of 2.8%. As a standard validator, BitGo participates in transaction confirmation and network security, contributing to Canton's decentralized consensus and earning staking rewards for their delegators.

Canton Coin Staking

Canton Coin (CC) holders can delegate their tokens to validators like BitGo to participate in network security and earn staking rewards. Staking economics are governed by CIP-0100, which defines reward curves, slashing conditions, and unbonding periods.

The Canton Network currently has 976 active validators securing the network. BitGo's 2.8% weight represents their share of the total staked CC, which directly influences their role in consensus and the rewards distributed to their delegators.

Frequently Asked Questions

Does BitGo run a Canton validator?

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Yes, BitGo operates a Canton validator in addition to providing custody and trading services for Canton Coin and the broader Canton ecosystem.

What is BitGo's dual role on Canton?

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BitGo serves as both a qualified custodian for Canton assets and a validator operator, providing comprehensive institutional infrastructure for the network.