Bringing #RWAs on-chain has many benefits for institutions But it's also great for users and investors! From self-custody of your investments to the innovations that #RegDeFi will bring, we want to make finance better for everyone 💪
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Our days are filled with productive meetings to iron out the details of a big plan What happens when you take a privacy-friendly and compliant blockchain, a licensed exchange with a secondary market, and a real-world business opportunity? 🤔 You'll find out soon 👀
At Dusk, we have a unique and innovative approach to #privacy and compliance. On $DUSK you enjoy unrivalled privacy, while also being compliant with GDPR, MiCA, and CEX requirements. Our goal is not to conceal or hide, but rather to provide privacy, a human right, on a public blockchain for the benefit of all 💪
What if smart contracts could pay gas and charge fees? The Economic Protocol makes this possible, with 3 key features: 1 - Smart contracts can charge fees 2 - Smart contracts can pay gas fee 3 - Smart contracts can act autonomously as autocontracts 🔗 https://dusk.network/news/the-economic-protocol-is-shipped/
How does Dusk manage to be both #privacy-preserving and compliant? 🤔 As Emanuele Francioni, @Autholykos, explained in our Telegram group 👇 With Dusk we can: 1. Keep the privacy of transactions 2. Give certainty to exchanges and recipients that the transaction has indeed been sent by a known (and possibly KYC’ed entity) 3. Let recipients return back the coins exactly to the wallet it sent them (so exchanges cannot be the involuntary proxy of a money laundering scheme) 4. Extend the method to the overall transaction so as to prove that auditors can audit without validators being the auditors It's not privacy or compliance, we can, and must have both 💪 PS. Want to be part of these conversations? Join the TG to not only learn more about Dusk, but also blockchain, crypto, regulations, and cryptography https://t.me/DuskNetwork
Did you know 🤔 One benefit for users of $DUSK being #privacy-preserving is that it acts as a deterrent to front running Frontrunners can't see what transactions are being made, so the incentive to front run is greatly reduced 💪
It's not just the cryptography team who have been out and about! Emanuele Carboni (CMO) and Jeske Eenink (Partners & Relations) had a great time at the @okx Netherlands VIP event in Amsterdam, and enjoyed hearing about OKX's plans in Europe. Thanks for hosting!
Thank you to @BlaizeSecurity for their thorough audit of Kadcast 💪 Kadcast scored 9.8/10, the codebase was described as "high quality" and the protocol showed "high compliance with the security standards” 🔥 🔗 https://t.co/K6E0KpCPJd
Dusk cryptographers Marta Bellés Muñoz and Xavier Salleras at @zkBarcelona in Barcelona 💪 A key takeaway was that #ZKPs have given a lot to blockchain but there's more to come! 👀 PS. Want to hear Marta speak on blockchain and ZK? There's still time to sign up for the event hosted by @privacyguardia 🔗 https://lu.ma/eoxj4buo
"Privacy is challenging per se, and there's a lot of people that will tell you that #privacy is a feature. Privacy is not a feature, privacy is a cost...it's packaged up as a feature because a lot of projects think that privacy is a commodity, an option, a nice to have. When in fact it is not like that. Privacy is a must-have" Watch the full segment of Emanuele Francioni @Autholykos speaking about privacy here: https://youtu.be/N6MZ_wnaPjc?si=DgxCFBYzvvgNiTX5
Continuing the ZKP and blockchain tour, our lead cryptographer Marta Bellés Muños will be speaking at the @privacyguardia event in Barcelona next week 🎉 She will be on a panel, alongside Jordi Baylina (co-founder of Polygon zkEVM) and Jose Luis Muñoz (researcher at Polytechnic University of Cataloni), speaking about how Dusk uses #ZKPs for privacy. If you'd like to attend, you can sign up here: https://lu.ma/eoxj4buo
The Dusk cryptography team have been out and about this week attending the @Web3Family_ conference, listening to talks, and connecting with other leaders in the blockchain, #ZKP, and privacy space 💪
Please join us in welcoming Luca to the Dusk team as our Developer Relations lead 💪 Luca will be focused on supporting developers on $DUSK and growing our ecosystem 🎉 Welcome Luca! We're thrilled you're here! Find out more about Luca: https://t.co/HzqzCBDy7K
Dusk is committed to delivering a powerful, and privacy-friendly blockchain, through innovative engineering and advanced #ZKP cryptography. This means: 👉 Txs are private (with selective disclosure) 👀 No one can view your wallet 🖥️ The VM supports privacy-friendly smart contracts (not just transfers) 🤝 A public state with private txs 💪 The private spending of public output (like gas or coinbase) ⭐️ Our work on PlonK has been forked 120+ times and has 500+ stars.
Imagine DeFi with #RWAs 🤔 Dusk is providing the infrastructure for #RegDeFi, allowing investors, companies, and institutions to access the ease and innovation of DeFi with the scale, size, and stability of real-world, regulated assets Together, we will evolve finance 💪
Not just revolutionizing #RWAs, $DUSK 's contribution to #ZKPs and blockchain has been significant, including: Numerous research papers on zk-friendly hashing: 👉 Poseidon 👉 Reinforced Concrete 👉 SAFE Further research on: ✅ Proof systems ✅ Security ✅ Elliptic Curve Cryptography ✅ Digital identities Our work on PlonK has been forked 120+ times and has 500+ stars 🔗Links to papers/resources Hashing: https://eprint.iacr.org/2021/1533 Poseidon: https://www.usenix.org/conference/usenixsecurity21/presentation/grassi Reinforced Concrete: https://dl.acm.org/doi/abs/10.1145/3548606.3560686 SAFE: https://eprint.iacr.org/2023/522 Proof systems: https://eprint.iacr.org/2022/086 Security: https://link.springer.com/article/10.1007/s10207-023-00750-7 Elliptic Curve Cryptography: https://link.springer.com/chapter/10.1007/978-3-031-38545-2_1 Digital identities: https://arxiv.org/abs/2301.09378 PlonK: https://github.com/dusk-network/plonk
First Dusk Development Fund deployed! 💪 We are thrilled to share that the first recipient of the Dusk Development Fund to benefit the Dusk ecosystem is Porter Adams, a well-respected cryptographer and security engineer in the blockchain space! $42K worth of $DUSK was awarded to Porter to audit PlonK and Piecrust, and we can now share the results. Porter currently works at Matter Labs as a Blockchain Security Engineer and previously worked at Kudelski Security as a Blockchain Security Expert. He has a strong background in security and cryptography, specifically #ZKP cryptography, so was a perfect choice for us. Porter's audits of PlonK and Piecrust found both to be in great condition. He made some incredibly valuable suggestions, and we are thrilled with his insights and the current state of these two parts of our tech stack. Porter was very complimentary of our codebase, stating that it was "very high quality" with "documentation, testing, and in-line comments some of the best I've ever seen". Our developers put an incredible amount of time and effort into their work, so we're proud to receive such an affirming review. You can read both reports on our GitHub 🔗 https://github.com/dusk-network/audits
Dusk in the news 👀 Head of BD @thisisryanking and Partners & Relations @ayajeske were interviewed by the Dutch Blockchain Coalition and shared their thoughts on: 👉 #RWAs 🤔 Native Issuance vs Tokenization 🤝 The trillion-dollar future of RWAs 🔗 (English) https://dutchblockchaincoalition.org/en/news/dbc-deep-dive-real-world-assets 🔗 (Dutch) https://dutchblockchaincoalition.org/nieuws/dbc-deep-dive-real-world-assets
Are you new to $DUSK and wanting to DYOR? ✅ Privacy via #ZKP cryptography ✅ Compliance, specifically to MiCA and MiFID II ✅ Partnership with NPEX ✅ 8k+ nodes during ITN Want more? Here are some posts that will help you get to know us 👇
You already know we think bringing #RWAs on-chain will be a game-changer (instant settlement, reduced costs, and programmable compliance...) but we want to know why YOU are excited about blockchain and traditional assets 🤔 What do you see as being the biggest benefits?
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