Trust Me, Bro: Why Canton Is No More Private Than JPMorgan Is Private @UnchainedCrypto
Trust Me, Bro: Why Canton Is No More Private Than JPMorgan Is Private  @UnchainedCrypto
Uploaded August 2026 | Updated September 2026, 3 weeks ago
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: youtu.be/KSQt1PHwqiI

We go live twice every week - subscribe to catch it live.

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Chapters:
๐Ÿฆ 00:00 Laura sets up the question: is Canton actually a privacy leader?
โš–๏ธ 00:26 Mert says Canton is no more private than trusting JPMorgan
๐Ÿ” 00:55 Joe on Canton's 'trust me, bro' sequencer model
๐Ÿ”ฎ 01:51 Laura asks what happens to Canton's institutions long term
๐ŸŽฒ 02:21 Jarrad on whether Canton ever migrates to real cryptography

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

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