Many entrants have fallen into a trap: desperately diving into technical details, which ends up confusing who the service is actually for. From a different perspective, Dusk has had a clear understanding since 2018—where are the real big-money players? In financial markets, confidentiality is not a vulnerability but the bottom line for business operations. Those in the know understand that huge transactions are never conducted openly on public platforms.

Because of this insight, Dusk has no intention of creating another "privacy coin" to join the hype, but is instead thinking about a more practical issue: how to make regulated funds feel safe to put on the blockchain? To put it plainly, data that needs protection must be tightly sealed, yet when regulation and auditing are required, everything should be transparent and clear.

This idea translates into design details, giving it real flavor. Privacy isn’t just a showy feature to flaunt strength; it’s a core capability embedded at the protocol’s lowest level. From transaction layers and identity verification to consensus mechanisms, every part is built around "minimal information" and "controllable transparency." What are the benefits? Flexibility—project teams can choose to use plaintext accounts for easier auditing and straightforward operations, or opt for privacy-protected transactions where sensitive data is not exposed. It’s not a rigid binary choice but a flexible switch depending on the scenario. Token issuance information can be transparent and public, but institutional positions and rebalancing strategies need to be locked down, with settlement proofs verifiable—this truly hits the nerve of traditional finance.

Wallets and accounts follow the same logic, supporting both public and private accounts simultaneously, with the ability to switch at will. This provides participants on the chain with real choice and gives financial institutions the confidence to participate.