Dusk Network, a project that has raised nine million dollars, has recently attracted a lot of attention. In simple terms, it is a public chain focused on privacy, currently in the testnet stage.
Regarding the core competitiveness of this project, there are mainly a few points. First, it aims to solve the industry’s longstanding problem of privacy and compliance — after all, many secure token transactions and issuances have been hindered by technical barriers. Dusk intends to use programmable zero-knowledge proofs to address this issue, enabling developers to deploy privacy-preserving dApps on its platform.
On the technical foundation, it uses XSC (Confidential Security Token Standard), whose core feature is to embed privacy, auditability, and compliance all together. From another perspective, this solution not only protects user privacy but also meets regulatory and audit requirements — in theory, it indeed fills the gap of privacy public chains in terms of compliance.
Currently, Dusk Network is building an open, permissionless ecosystem of privacy dApps. Although still in the early stages, the concept is clear — using zero-knowledge proof technology as the backbone to support more compliant privacy applications.
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LiquidityHunter
· 22h ago
Saw this at 3 AM, a $9 million funding but liquidity data is still a complete mystery. The hype during the testnet phase is one thing, but after mainnet launch, the depth of real trading pairs on DEX will be the real highlight...
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CryptoFortuneTeller
· 01-11 08:55
Zero-knowledge proofs are coming to save the world again, huh? By the way, can privacy and compliance really be understood and played together?
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SillyWhale
· 01-08 16:56
Zero-knowledge proofs sound very advanced, but can they really be implemented in practice?
Compliance and privacy are inherently at odds; it still feels mostly theoretical.
Nine million in funding sounds like a lot, but the privacy public chain sector is already so crowded. Why would it stand out?
Let's wait for the mainnet; testnet stuff is still too immature.
Will the XSC standard become the next thing nobody cares about?
Privacy public chains are everywhere; what's different about this one?
Programmable zero-knowledge proofs are indeed quite interesting, but I don't know how their performance will be.
Early projects hype like this, but it feels a bit uncertain.
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ConsensusDissenter
· 01-08 16:54
Privacy + compliance sounds good, but it seems like all the projects that have gone down this path have failed... Can it really satisfy both sides at the same time?
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CounterIndicator
· 01-08 16:52
9 million in funding sounds like a lot, but there are too many stories being sold in the privacy public chain sector.
The combination of privacy and compliance is indeed interesting, but how many people can actually use it?
Zero-knowledge proofs sound impressive, but don't hype it too much on the testnet. Let's wait until the mainnet launches.
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FunGibleTom
· 01-08 16:51
Zero-knowledge proofs are really becoming more popular. Can privacy and compliance be achieved simultaneously? I'm a bit looking forward to seeing how this approach will finally be implemented.
Dusk Network, a project that has raised nine million dollars, has recently attracted a lot of attention. In simple terms, it is a public chain focused on privacy, currently in the testnet stage.
Regarding the core competitiveness of this project, there are mainly a few points. First, it aims to solve the industry’s longstanding problem of privacy and compliance — after all, many secure token transactions and issuances have been hindered by technical barriers. Dusk intends to use programmable zero-knowledge proofs to address this issue, enabling developers to deploy privacy-preserving dApps on its platform.
On the technical foundation, it uses XSC (Confidential Security Token Standard), whose core feature is to embed privacy, auditability, and compliance all together. From another perspective, this solution not only protects user privacy but also meets regulatory and audit requirements — in theory, it indeed fills the gap of privacy public chains in terms of compliance.
Currently, Dusk Network is building an open, permissionless ecosystem of privacy dApps. Although still in the early stages, the concept is clear — using zero-knowledge proof technology as the backbone to support more compliant privacy applications.