Resources
Glossary
CBTC
Canton Bitcoin - a 1:1 wrapped BTC token on the Canton Network, issued and redeemed via a decentralised bridge.
Canton Network
A permissioned blockchain built by Digital Asset for institutional finance. Private transactions, no public mempool.
CIP-56
Canton Instrument Protocol - the token standard CBTC complies with, enabling interoperability with any CIP-56-compliant tool.
Daml
The smart contract language used on Canton. CBTC operations are Daml contract choices.
DAR file
Daml Archive - a compiled Daml package that you install on your Canton participant to interact with CBTC contracts.
FROST
Flexible Round-Optimised Schnorr Threshold Signatures - the cryptographic protocol securing CBTC's Bitcoin custody.
Attestor
An independent node operator that verifies Bitcoin transactions and participates in threshold signing for CBTC mint/burn operations.
Coordinator
A service that facilitates Attestor coordination, monitors deposits, and constructs Bitcoin transactions. Cannot act unilaterally.
Minter
A credential granting the right to create deposit accounts and initiate CBTC minting.
Instrument ID
The unique identifier for CBTC on a given Canton network (devnet/testnet/mainnet). Differs per environment.
Taproot (P2TR)
A Bitcoin address type introduced with the Taproot upgrade. Required for CBTC deposit addresses.
UTXO
Unspent Transaction Output. Each CBTC transfer creates UTXOs. Canton recommends max 10 per party.
Decentralized Party
A Canton-native construct where multiple independent operators collectively control a party via threshold signing.
ERC-4626
A tokenised vault standard. BitSafe Vaults implement ERC-4626 semantics on Canton.
Curator
A professional asset manager who operates yield strategies within a BitSafe Vault.
LP (Liquidity Provider)
An institutional depositor who provides capital to a Vault in exchange for shares and yield.
MEV
Maximal Extractable Value - front-running and sandwich attacks possible on public blockchains. Canton eliminates this via private transactions.
GitHub Repositories
cbtc-lib (Rust SDK) - github.com/DLC-link/cbtc-lib
canton-lib (lower-level Canton library) - github.com/DLC-link/canton-lib
cbtc-lib (DAR files, scripts) - github.com/DLC-link/cbtc-lib
Code examples - github.com/DLC-link/cbtc-lib/tree/main/examples
Audit Reports
Whitepapers and Research
FROST: Flexible Round-Optimized Schnorr Threshold Signatures - Komlo & Goldberg, 2020
Canton Network Whitepaper - Digital Asset
Canton Ecosystem Links
Support
📬 Developer support: support@bitsafe.finance
Changelog
Last updated