What is DUSK Network?
DUSK Network is a blockchain network designed primarily to develop digital financial applications, aiming to automate transactions and ensure privacy as well as auditability for each user.
By using a customized consensus mechanism and advanced cryptography, DUSK Network is committed to providing the highest level of security. The goal of this platform is to digitize financial markets and create an environment that eliminates reliance on intermediaries in traditional systems.
Dusk Network promises to become a flexible blockchain protocol for the deployment of Zero-Knowledge applications and play an important role in the global ecosystem of decentralized applications.
Main Components of the Dusk Network
Rusk Virtual Machine
Rusk allows developers to program Smart Contracts, power dApps, and set parameters for compliance and easy control. This virtual machine system is entirely based on Zero Knowledge Cryptography and is also the world’s first Zero Knowledge – Virtual Machine (ZK-VM) application.
Zero Knowledge – PLONK
With Zero Knowledge – PLONK, enterprises can transact securely and with strict privacy.
Fast Immutable Data – Kelvin:
Dusk Network uses Kelvin to accelerate immutable data storage. Kelvin is a particularly fast and unique Merkle Tree toolkit for creating optimized data structure models.
Proof of Blind Bid
Dusk Network operates on the Proof of Blind Bid consensus mechanism, an upgraded version of Proof of Stake that can provide maximum network security due to its dual node structure: Block Generators and Provisioners.
The Difference of Dusk Network
Dusk Network was created for 3 main use cases: payments, digital asset transfer, and P2P transactions.
One of the main tasks of this network is to ensure operability and continuity for cryptocurrency transactions, as well as stable data transmission in the offline file transfer system.
Developers on Dusk Network can deploy a system that allows anonymous file transfer for users, but at the same time, the user must register in the system and take full responsibility for the content of the files.
To protect privacy, Dusk Network will provide anonymous addresses, anonymous transactions, and specific IP address encryption.
