Progressive Sovereignty
What is 'Sovereignty'?
In this era of buzzwords like 'modular' and 'trust minimization' - it's difficult to know what 'sovereignty' actually is.
Canopy makes this simple:
β Are not dependent on any other protocol to operate
β Can't be censored by non-stakeholders
β May scale independently β free of resource constraints of any other protocol
β May leave a Security Root without any software changes
β Historical finality isn't threatened by leaving
β Retain the complete ledger and blockchain history
β Can rejoin a Security Root at anytime
β Retain full ownership of blockchain data
β Have complete value capture
Things you will not see in Sovereign blockchains:
β External points of failure aka 'modular' dependencies
β Re-genesis events or ground up rebuilds to migrate
β Loss of historical block finality
β Success ceiling dictated by the resources of a host
β Censorship by 3rd party Validators
β Leaking economics to the host
True sovereignty is a fundamental piece of decentralization! Without it β a chain is just Web2 with a bad UX
Canopy offers a seamless path to independence graduation - where the chain may graduate to complete sovereignty after surpassing the cold start problem of L1s by using a security root.
And the process is simple...
Step 1:
Issue an on-chain governance transaction to change
RootChainID
Step 2:
The software will automatically use the new
RootChainURL
in theconfig.json
Dive deeper into the 'How' with Utility
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