Canton (CC): universal burn approved, burning starts under the 2027 roadmap

1 hour ago 1



The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.The Super Validators of the Canton Network approved proposal CIP-0129 on October 21: dedicated synchronizers will no longer pay a licence fee to Digital Asset but will burn Canton Coin for their traffic. Under the roadmap this takes effect only in 2027, and the network currently mints about twice as much CC as it burns.The Super Validators of the Canton Network approved proposal CIP-0129 on October 21, 2026. The network's dedicated synchronizers will therefore no longer pay a software licence to the company Digital Asset but will burn Canton Coin to pay for their traffic. Under the proposal's roadmap, this takes effect only in the first quarter of 2027. If you hold CC, nothing changes in your wallet balance for now. The decision reaches into the economics of the network: a payment that used to land with the operator as a licence fee becomes a burning of tokens. How much that amounts to in the end depends on figures the proposal itself states, and one of them argues against the q...

Read Entire Article









피플앤툴즈 네트워크
🛍 샵