Zach Rynes | CLG|Mar 31, 2026 20:44
I must say, it’s thoroughly entertaining to see public chain maxis get so flustered about Canton
The idea that a team can appear “out of nowhere” (i.e., blinded by bag bias) and capture mindshare and institutional adoption was simply not in their calculus
Reality is that this is a symptom of a broader trend of transaction database technology becoming increasingly commoditized as apps capture more of the revenue pie
DeFi teams and TradFi institutions will build on the chains that best suit their specific requirements, which are interconnected via middleware networks, and end-user consumers won’t know the difference
May the best transaction databases win and rise above the others
And I say this as someone who holds public chain coins and no CC btw(Zach Rynes | CLG)
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