Blockdaemon on Canton Network
Blockdaemon operates institutional-grade validator infrastructure on Canton, offering validator-as-a-service for enterprises that want to participate in Canton validation without managing their own infrastructure. Their Canton validator benefits from multi-region redundancy and enterprise SLAs.
Blockdaemon's Role in Canton Consensus
Blockdaemon operates as a standard validator on the Canton Network with a weight of 4.2%. As a standard validator, Blockdaemon 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 Blockdaemon 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. Blockdaemon's 4.2% weight represents their share of the total staked CC, which directly influences their role in consensus and the rewards distributed to their delegators.