Resources

Glossary

Term	Definition
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

Quantstamp Audit Report (CBTC)

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