Privacy vs Transparency on Blockchains
Full transparency sounds good until money is involved. Public blockchains expose patterns, balances, and behavior in ways most people would never accept from a bank. Dusk challenges the idea that transparency must mean total visibility. It separates what needs to be proven from what should remain private. You can validate compliance without publishing everything to the world. This is not about secrecy. It is about selective disclosure. The trade-off is clear. Less data for outsiders, more trust required in cryptography. That is a shift some purists resist, but for real finance, radical transparency has always been a weak fit.