Privacy public blockchains are everywhere, but Dusk Network has played something a bit different—it’s not just an anonymous tool, but rather focusing on the "compliance + privacy" financial domain, aiming to be the bridge between traditional finance and DeFi.
This is not a new project. It was launched in 2018 and is an old hand in this space. Interestingly, they didn’t copy and paste ready-made code but invested significant effort to build their own entire tech stack. The Isolated Byzantine Agreement (SBA) allows transactions to be confirmed within seconds without sacrificing decentralization. The zero-knowledge proof system is also handled very well—data is tightly protected, yet verification can still run smoothly. Plus, with the support of Piecrust virtual machine and ZeroCaf cryptography library, the privacy protection is truly top-notch.
The most impressive part is its bidirectional compatibility approach. Ordinary traders’ amounts and identity information can be strictly hidden, but regulatory agencies with authorization can perform compliant audits—directly solving the major challenge of on-chain finance.
After the mainnet launch in early 2025, features like super staking and compliant payment channels were implemented one after another. In collaboration with European exchanges, they successfully tokenized €300 million worth of assets—this is not just a story on paper but real-world implementation.
The native token DUSK is also quite practical: it’s used for staking, transaction fees, and on-chain governance. Its 36-year issuance cycle combined with a four-year halving mechanism not only rewards early participants but also leaves room for the long-term development of the ecosystem. It is already listed on 15 major exchanges, with over 19,000 addresses holding the token. Under the RWA trend, this highly practical design still has some potential.
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NotSatoshi
· 3h ago
Bidirectional compatibility of compliance and privacy—that's the real breakthrough point.
If Dusk can truly be implemented in applications in Europe, the RWA path will be more than halfway there.
But honestly, a 36-year issuance cycle is a bit long... we'll have to wait until the Year of the Monkey and the Horse to see clearly.
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WalletDetective
· 5h ago
Compliance and privacy liaison? Sounds good, but how many can actually be implemented?
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DecentralizedElder
· 14h ago
Compliance + Privacy is definitely the right approach, but can it really win over those old-timers in Europe?
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Old projects are just different—steady and reliable without any fancy tricks. Just worried there will be too many followers later on.
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36-year issuance cycle? That's a gamble on who will last longer, haha.
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€300 million tokenization sounds impressive, but are there really that many application scenarios in the ecosystem?
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I've never heard of a Byzantine isolation protocol, but the fact that it offers second-level confirmation really hits the pain point.
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Compatible with regulatory audits and privacy protection? Easy to say, but will there be no issues when it’s actually implemented?
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1.9 million wallet addresses still seem a bit low; it depends on how long this RWA wave can last.
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Started in 2018 but only now launching mainnet—another story of "slow and steady wins the race"?
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OldLeekConfession
· 14h ago
The idea of bidirectional compatibility really hits the pain point; compliance and privacy can coexist, it's not just a gimmick.
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The tech stack built in 2018 is still alive today, which in itself shows that it's not superficial.
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Landing 300 million euros is much better than those who only publish whitepapers.
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Wait, a 36-year issuance cycle? That's a pretty extreme pace.
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Honestly, there are many privacy public chains, but few truly want to connect with traditional finance. This approach is different.
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Seconds-level confirmation + zero-knowledge proofs, the technology choices seem quite balanced.
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Compliance audits still preserve privacy? If this really works, the regulatory attitude might have to change.
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How to evaluate 19,000 addresses, early or late?
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Staking, governance, transaction fees—none are missing; token design has no free-riding logic.
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FancyResearchLab
· 14h ago
Hmm... another chain that claims to "solve all problems." I'll give this smart trap a try first.
Bidirectional compatibility sounds good, but I haven't seen many projects that can truly satisfy regulators.
The theory behind zero-knowledge proofs should be feasible, but whether it can hold up in practice is the real question.
Tokenization of 300 million euros sounds pretty attractive, let's wait and see what the actual trading volume looks like.
Luban No.7 is under construction again, this time focusing on privacy + compliance. Did Mars come here?
A project from 2018 only just launched on mainnet now—that's quite efficient...
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ImpermanentPhobia
· 14h ago
Is the 300 million euro partnership really true? It feels like the stories in this space are so hard to verify.
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DaoDeveloper
· 14h ago
ngl the dual-layer access control pattern here is actually genius—privacy by default but compliance audit trails when needed. that's the game theory move most chains are too cowardly to attempt. makes me think about merkle proof composability...
Privacy public blockchains are everywhere, but Dusk Network has played something a bit different—it’s not just an anonymous tool, but rather focusing on the "compliance + privacy" financial domain, aiming to be the bridge between traditional finance and DeFi.
This is not a new project. It was launched in 2018 and is an old hand in this space. Interestingly, they didn’t copy and paste ready-made code but invested significant effort to build their own entire tech stack. The Isolated Byzantine Agreement (SBA) allows transactions to be confirmed within seconds without sacrificing decentralization. The zero-knowledge proof system is also handled very well—data is tightly protected, yet verification can still run smoothly. Plus, with the support of Piecrust virtual machine and ZeroCaf cryptography library, the privacy protection is truly top-notch.
The most impressive part is its bidirectional compatibility approach. Ordinary traders’ amounts and identity information can be strictly hidden, but regulatory agencies with authorization can perform compliant audits—directly solving the major challenge of on-chain finance.
After the mainnet launch in early 2025, features like super staking and compliant payment channels were implemented one after another. In collaboration with European exchanges, they successfully tokenized €300 million worth of assets—this is not just a story on paper but real-world implementation.
The native token DUSK is also quite practical: it’s used for staking, transaction fees, and on-chain governance. Its 36-year issuance cycle combined with a four-year halving mechanism not only rewards early participants but also leaves room for the long-term development of the ecosystem. It is already listed on 15 major exchanges, with over 19,000 addresses holding the token. Under the RWA trend, this highly practical design still has some potential.