How does the network
$DUSK work?
The network
#Dusk operates with a unique consensus algorithm called Segregated Byzantine Agreement (SBA), which combines elements of Proof of Stake with zero-knowledge cryptography. This technology enables:
Rapid finality of transactions
Energy-efficient block production
Privacy-preserving operations
Regulatory compliance
The network uses PLONK zero-knowledge proofs to ensure the confidentiality of transactions while allowing the availability of certain data for regulatory compliance purposes. The DUSK infrastructure facilitates the development of confidential smart contracts through its proprietary programming framework, Rusk, which allows developers to create decentralized applications with integrated privacy features.
DUSK Staking: Securing the network
Yes, DUSK Network offers staking opportunities for token holders. Staking in DUSK works through its Proof of Stake consensus mechanism, allowing DUSK holders to participate in block validation and earn rewards. The staking process involves:
Locking a minimum amount of DUSK tokens in a network wallet
Running a node or delegating tokens to an existing node
Participating in block production through the SBA consensus mechanism
Earning staking rewards proportional to the amount staked
Stakers help secure the DUSK network while earning passive income in the form of additional DUSK tokens. The annual percentage yield (APY) of staking varies depending on the total amount of tokens deposited in the network.
#DUSK_fundation