Have you ever thought that in an era where every transaction on the blockchain is publicly recorded, your asset flow is like being displayed in a showcase? This is indeed a problem.
Most blockchain projects boast complete transparency but overlook a fundamental need: users' financial privacy. Since 2018, Dusk Foundation has been contemplating this issue—are privacy and compliance really mutually exclusive? Their answer is: no need.
**How the technology works**
It relies on two main tools: zero-knowledge proofs and homomorphic encryption. It sounds complex, but the principles are actually straightforward. You can prove that you own certain assets or have the right to perform a transaction without revealing the specific details of that transaction. In the DeFi world, this provides users with a true privacy barrier—protecting trade secrets as well as personal financial data.
Unlike fully anonymous privacy coins, Dusk pursues "auditable privacy." Regulators can see proof that the system is operating normally but cannot see your private transactions—this balance is hard to achieve in traditional financial technology.
**Getting started and experiencing**
Start by understanding. The official website offers a Hedger tool, which is the most direct way to experience private transfers. Download the test version, connect your wallet, follow the tutorial to execute a few commands, and you can experience the entire encrypted transfer process.
For in-depth participation, you need to acquire $DUSK tokens. After purchasing on leading trading platforms, transfer them to the Dusk network. With the launch of the EVM mainnet, developers can now deploy smart contracts with privacy features. New users participating in community activities—such as discussing data privacy topics—have a chance to earn exclusive NFT rewards.
**Ambitions beyond encryption**
What’s interesting about Dusk is that it doesn’t just want to operate within the crypto space but aims to connect with traditional finance. It has partnered with the Dutch licensed exchange NPEX, and the planned DuskTrade platform intends to tokenize hundreds of millions of euros worth of real assets. What does this mean for newcomers? You can buy and sell stock-level assets within a regulated framework using blockchain technology while enjoying privacy protection. This is not a promise of the future; it is already underway.
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YieldChaser
· 9h ago
Zero-knowledge proofs have long needed someone to do them properly. I agree with the logic that privacy and compliance are not mutually exclusive.
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RatioHunter
· 9h ago
Zero-knowledge proofs are truly exceptional; the coexistence of privacy and compliance is now incredibly rare.
View OriginalReply0
ShadowStaker
· 9h ago
zero knowledge proofs sound nice until you realize the validator set still sees everything lol
Reply0
AllInDaddy
· 9h ago
Zero-knowledge proofs are truly amazing; finally, there are projects seriously working on privacy.
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Ser_This_Is_A_Casino
· 9h ago
Zero-knowledge proofs sound impressive, but can they really prevent on-chain identity exposure?
With a bunch of privacy coins, can Dusk's "auditable" approach break through?
By the way, is the Hedger tool on the official website now user-friendly? Has anyone tried it?
The concept of auditable privacy is interesting, but will regulators really buy into it?
A partnership with a Dutch exchange sounds promising, but success depends on implementation.
Can privacy and compliance be achieved simultaneously? I remain skeptical.
If DuskTrade truly brings stocks on-chain, the landscape will be different.
I've heard of zero-knowledge proofs, but are they really easy to use?
Another privacy project—has this sector become less crowded?
It seems Dusk wants to take a middle-ground approach, but being stuck in the middle is the easiest way to get squeezed out.
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MEV_Whisperer
· 9h ago
Zero-knowledge proofs are indeed impressive, but real-world implementation is still a problem.
Can privacy and compliance coexist? I don't think so.
DUSK is quite interesting this time, a new auditable privacy approach.
I need to try EVM going live, otherwise just hearing about it feels empty.
Tokenization of hundreds of millions of euros in assets? That might be a bit exaggerated, brother.
Privacy under regulatory frameworks is a double-edged sword, everyone.
I've used the Hedger tool, the experience is okay, not too bad.
Combining traditional finance and crypto? I think this path is too complicated.
No matter how fancy zero-knowledge proofs are, they can't escape on-chain footprints.
How is DUSK's price? That's the real focus, right?
Have you ever thought that in an era where every transaction on the blockchain is publicly recorded, your asset flow is like being displayed in a showcase? This is indeed a problem.
Most blockchain projects boast complete transparency but overlook a fundamental need: users' financial privacy. Since 2018, Dusk Foundation has been contemplating this issue—are privacy and compliance really mutually exclusive? Their answer is: no need.
**How the technology works**
It relies on two main tools: zero-knowledge proofs and homomorphic encryption. It sounds complex, but the principles are actually straightforward. You can prove that you own certain assets or have the right to perform a transaction without revealing the specific details of that transaction. In the DeFi world, this provides users with a true privacy barrier—protecting trade secrets as well as personal financial data.
Unlike fully anonymous privacy coins, Dusk pursues "auditable privacy." Regulators can see proof that the system is operating normally but cannot see your private transactions—this balance is hard to achieve in traditional financial technology.
**Getting started and experiencing**
Start by understanding. The official website offers a Hedger tool, which is the most direct way to experience private transfers. Download the test version, connect your wallet, follow the tutorial to execute a few commands, and you can experience the entire encrypted transfer process.
For in-depth participation, you need to acquire $DUSK tokens. After purchasing on leading trading platforms, transfer them to the Dusk network. With the launch of the EVM mainnet, developers can now deploy smart contracts with privacy features. New users participating in community activities—such as discussing data privacy topics—have a chance to earn exclusive NFT rewards.
**Ambitions beyond encryption**
What’s interesting about Dusk is that it doesn’t just want to operate within the crypto space but aims to connect with traditional finance. It has partnered with the Dutch licensed exchange NPEX, and the planned DuskTrade platform intends to tokenize hundreds of millions of euros worth of real assets. What does this mean for newcomers? You can buy and sell stock-level assets within a regulated framework using blockchain technology while enjoying privacy protection. This is not a promise of the future; it is already underway.