Dusk: everything you need to know about DUSK

What is Dusk?

Dusk is a privacy-focused blockchain designed for financial applications such as smart contracts, tokenization of assets, and secure communication. The platform focuses on combining privacy, compliance, and decentralization to provide efficient and secure solutions for businesses.

How does Dusk work?

Dusk uses a unique consensus mechanism, Segregated Byzantine Agreement (SBA), that validates transactions quickly, efficiently, and privately. This means that the identity of users and transaction details are protected, while the network also complies with legal requirements such as KYC and AML.

The DUSK token

The native token of the network, DUSK, is used to validate transactions, pay network fees, and execute smart contracts. Additionally, DUSK plays an important role in governance, where token holders can help decide on the future of the network.

The technology behind Dusk

Dusk's technology combines zero-knowledge proofs (such as zk-SNARKs) and secure multi-party computation (MPC). This allows private transactions to be carried out without sensitive data being exposed. Additionally, the use of SBA ensures fast and scalable transactions.

The Dusk ecosystem

The Dusk ecosystem includes applications such as secure document management, decentralized finance (DeFi), and the tokenization of financial assets. Smart contracts allow companies to set up more efficient processes that comply with privacy and compliance requirements.

Benefits of Dusk.

• Privacy: Zero-knowledge proofs protect data and transactions.
• Speed: The SBA protocol ensures efficient transaction processing.
• Compliance: The network supports KYC and AML, making it suitable for businesses.

Disadvantages of Dusk

• Competition: Many other blockchains offer similar solutions.
• Adoption: The ecosystem is still in development and needs to grow to attract more users.

Who is the founder of Dusk?

Dusk was co-founded by Jelle Pol and Emanuele Francioni. The team has a background in blockchain technology and is working on innovative solutions for financial privacy and scalability.

Expectations for the near future

Experts expect a minimum price of €0.3900 in 2027 and a minimum price of €1.2900 in 2032.

Frequently asked questions