What is a dusk?

What is DUSK Coin?
@Dusk

DUSK Coin is the native cryptocurrency of the Dusk Network and is used for all transactions on this network. DUSK is required to pay transaction fees on the network, participate in governance decisions, and contribute to security protocols.
What Is DUSK Coin Used For?

DUSK Coin is the native cryptocurrency of the Dusk Network and plays several important roles in the network's core operations. This coin serves as the power source for transactions on the network and supports the Dusk Network ecosystem through various use cases.

The Dusk Network focuses on bringing privacy and anonymity to both transactions and smart contracts by utilizing a transaction model called Phoenix. Additionally, tokens distributed on the Dusk Network can be built on Zedger, a hybrid privacy-preserving model based on Phoenix, specifically designed for security tokens.
The 'Separate Byzantine Agreement' (SBA) consensus mechanism ensures the network's security. According to the Dusk Network team, SBA is essentially an advancement over the underlying Proof of Stake (PoS) mechanism, as it combines existing ideas such as cryptographic ordering, confidential time-locked transactions (with private share amounts), and a reputation module. This approach increases the chances of selecting honest nodes and further promotes decentralized governance.

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$DUSK
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