The foreshadowing laid in 2018: Why the dream of "programmable privacy" from eight years ago was only confirmed as correct by MiCA today?
Hello readers, I am the old man.
Today, in the final installment of the series on the past and present of dusk, I want to take everyone back to 2018. At that time, the cryptocurrency world had only two extremes: either completely transparent Ethereum or completely opaque Monero.
The founders of @Dusk saw a fatal fracture at that time: financial institutions were afraid to use Ethereum because it would leak business secrets; they were also afraid to use anonymous coins because it would violate anti-money laundering laws.
1. The prophecy from eight years ago: They proposed the concept of "programmable privacy" in 2018. This is not hindsight, but rather they recognized at that time that what the financial market needed was not absolute anonymity, but a dynamic balance of "privacy in normal times and compliance during audits."
2. Time proves everything: Eight years have passed. When the EU MiCA regulations were released and everyone was discussing RWA, everyone suddenly realized that the DUSK team had already written the core underlying code for today’s compliance needs eight years ago.
Old man's murmurs:
In the cryptocurrency world, projects that survive two rounds of bull and bear markets are rare. And being able to validate a consistent technical vision over eight years like DUSK is itself the greatest moat. Time is the best filter; it screens out speculators and leaves behind planners.
$DUSK #Dusk #Privacy #compliance #MiCA #RWA
