Participant node
A participant node is Canton's ledger node: it hosts parties, validates their Daml transactions, and stores only data those parties may see.
- Category
- Canton fundamentals
- Related terms
- 5
- Glossary size
- 34
- Last reviewed
- 2026-08-10
Participant node explained
A participant node is the piece of Canton infrastructure an organization actually runs to be on the network. It hosts one or more parties, the identities that sign contracts, and it executes and validates every Daml transaction those parties are involved in. Applications connect to a participant node's API to read their contracts and submit new transactions.
The defining property is selective storage. A participant node does not download the whole network's history the way a typical blockchain full node does. It receives and stores only the sub-transactions its hosted parties are entitled to see. Canton's privacy is enforced by this architecture: data other participants never receive is data they cannot leak.
Participant nodes talk to each other through synchronizers, which order and deliver encrypted messages between them without reading contract contents. A node can connect to several synchronizers at once, including the Global Synchronizer, letting its parties transact across many Canton applications from one piece of infrastructure.
Every validator in the Canton Coin economy runs a participant node; validator rewards compensate exactly this work of validating and confirming network activity.
Entry last reviewed 2026-08-10. Live prices, reserves, and activity belong on the linked market pages, which regenerate every five minutes.
Related terms
- Canton Network Canton Network is a privacy-enabled public blockchain network built on Daml by Digital Asset, designed for regulated financial applications.
- Daml Daml is the smart-contract language by Digital Asset that Canton Network is built on, modeling agreements as contracts between named parties.
- Synchronizer A synchronizer is Canton's message-ordering service: it sequences and delivers encrypted transactions between participant nodes without reading them.
- Validator A validator on Canton runs a participant node that verifies transactions for its parties, earning Canton Coin rewards for staying active.
- Privacy on Canton Privacy on Canton is structural: transaction data reaches only the parties entitled to it, with no global broadcast of contract contents.