Reviewing the evolution of the RWA (Real World Assets) track, I increasingly feel that the core pain point of "asset on chain" is not in the technical narrative, but in how to break the binary opposition between privacy and compliance. Traditional public chain architectures often take extremes between complete transparency and complete anonymity, the former exposing institutions to the risk of revealing commercial secrets (such as holdings and strategies), while the latter fails to meet KYC/AML regulatory audit requirements. The breakthrough point of @Dusk lies in reconstructing this underlying logic through "Regulated Privacy."

From a technical architecture perspective, Dusk utilizes the Piecrust virtual machine and zero-knowledge proof (ZKP) technology to build a Layer 1 environment that balances efficiency and privacy. The upcoming DuskEVM mainnet supports direct deployment of Solidity contracts, achieving a "zero-friction" migration for developers. More disruptively, its Citadel protocol transforms cumbersome KYC into mathematical proofs that do not require exposing specific data. This design, which follows the "principle of minimal disclosure," separates identity verification from permission rights: users only need to present "compliant" credentials without handing over sensitive personal data to on-chain applications, thus protecting user privacy and reducing the data holding risks for institutions.

Unlike many projects that patch compliance at the application layer through contracts, Dusk chooses to directly embed the Compliance Layer into the protocol's underlying layer. This means that an "account" is no longer just an address, but a container with compliance attributes. Coupled with substantial cooperation with the Dutch licensed exchange NPEX, Dusk Trade demonstrates the landing capability of the regular army. When privacy protection becomes infrastructure rather than an option, this natively compliance-supporting public chain architecture may truly be the moat that carries trillions of institutional funds on a large scale. #dusk $DUSK