Jax 斩棘

As a user and observer immersed in the cryptocurrency space for many years, I have witnessed the rise and fall of countless public chains. Most of them compete around 'higher TPS', 'lower Gas', or 'more innovative consensus mechanisms'; however, a fundamental question has always lingered in my mind: for whom are we building these technologies? It wasn't until I began to deeply use and study @Vanarchain that I found a compelling answer. Vanar Chain is not just another public chain trying to crush its competitors on technical parameters; its core philosophy is 'user experience first', and based on this, it has precisely anchored itself in the entertainment and gaming vertical that can reach billions of users.

In deciding to delve into the privacy track of the cryptocurrency field, I have experienced a journey from focusing on payment anonymity with Monero and Zcash to understanding emerging projects aimed at building a universal privacy smart contract platform. I tried to comprehend the advantages and disadvantages of each. This horizontal comparison journey not only did not distract me but instead allowed me to see more clearly the unique strategic positioning of Dusk Network and the development path it has chosen, which I believe has more potential.

In comparison to traditional privacy currencies (Monero, Zcash): the generational gap at the application layer.
Monero and Zcash are pioneers and heroes in the privacy track, addressing the anonymity problem inherent in 'currency' itself. However, their core function is 'value transfer'. Dusk’s ambition goes far beyond that. It empowers privacy capabilities through 'confidential smart contracts', enabling any complex financial logic and application. It's like the former invented anonymous paper money, while Dusk has built a complete financial city-state capable of anonymous stock trading, anonymous derivatives clearing, and anonymous bond issuance. This represents a fundamental leap from 'payment protocols' to 'financial infrastructure', with market space and application potential on entirely different scales.

Most DeFi users are well aware of the 'explicit cost' of Gas fees and actively seek L2 or alternative chains to avoid them. However, in my long-term practice, I found that the more fatal issues are the 'implicit costs': opportunity cost, information acquisition cost, and security risk cost. It is precisely the outstanding performance of @Plasma in these three areas that led me to decide to use it as my foundational tool.

First, opportunity cost. DeFi opportunities are fleeting. When you discover a new pool with high yields, you may need to transfer assets across chains, exchange, approve, and deposit. Completing this entire process manually may take from a dozen minutes to half an hour, during which the yields may have significantly decreased. Plasma's 'one-click' cross-chain aggregation operation compresses this process to just a few minutes, greatly reducing the opportunity cost of missing the optimal entry point due to slow execution. It has saved me time.

Family, for a long time, I have observed a frustrating 'binary opposition' in the blockchain world: projects pursuing extreme privacy often tread in the gray area of regulation; while projects that actively embrace compliance often make significant compromises on privacy protection. Until I delved into the concept of @Dusk , I found that they are bravely paving a third path: the symbiosis of compliance and privacy. This may be the greatest competitive advantage of $DUSK in the future. Today, I want to discuss this key issue around Dusk.

Dusk Network's positioning is very clear: to provide a privacy protection layer for the issuance and trading of regulated financial assets. This sounds contradictory, but is in fact ingenious. The core of compliance in traditional finance lies in 'Know Your Customer' (KYC) and 'Anti-Money Laundering' (AML), but this does not mean that all transaction details need to be public to the entire world. Dusk's technology allows for 'selective disclosure.'

As a technology enthusiast, I have always liked to dig deep. Today, I want to set aside the market noise and have an in-depth discussion with everyone about the two core technological cornerstones built for Dusk Network: Zero-Knowledge Proofs (ZKPs) and Confidential Smart Contracts. Understanding them is essential to truly grasp the value underpinning $DUSK . Let's put on the tag #Dusk and start this technical deep dive.

First, Zero-Knowledge Proofs. This cryptographic concept sounds profound, but its core idea is fascinating: I can prove to you that I know a certain secret or that I possess a certain asset without revealing the specific details of that secret or asset to you. In Dusk Network, this means you can prove that a transaction is legitimate without disclosing the sender, receiver, and specific amount. This achieves complete confidentiality of transaction details.

Hello everyone, I am an ordinary explorer in the field of blockchain. Today, I would like to share a personal journey: why I ultimately focused on @Dusk and its ecological core $DUSK amidst the vast ocean of cryptocurrencies.

My journey began with confusion about the 'transparency' of blockchain. In the early days, like many others, I was excited by the idea of Bitcoin's public ledger. But over time, I realized a severe issue: complete transparency can sometimes be a burden in financial and commercial applications. Every transaction you make, every account association, can become an analyzed data point. I started looking for an answer: is there a technology that can preserve the essence of blockchain's decentralization and security while also safeguarding my financial privacy?

As a deeply engaged DeFi user in a multi-chain ecosystem, I interact with different blockchain networks every day. From the high Gas fees of the Ethereum mainnet to the fragmented liquidity of various Layer2 and emerging public chains, I am constantly seeking a solution that can seamlessly connect these isolated worlds. It wasn't until I systematically encountered and used @Plasma that my multi-chain operational experience underwent a fundamental change. Today, I want to share my experience in detail and explain why Plasma has transformed from an 'option' to the 'core infrastructure' for my asset cross-chain and strategy execution.

As a long-term observer and participant in the evolution of blockchain technology, I have been looking for an underlying platform that can truly support large-scale mainstream applications, especially in entertainment and social scenarios. It wasn't until I delved into @Vanarchain that many of my questions found clear answers. Today, I would like to share my journey of exploration filled with surprises from a first-person perspective.

What initially attracted me was the impressive performance data of Vanar Chain. It claims to be a high-performance Layer-1 chain tailored for entertainment and the metaverse. After experiencing numerous DApps that performed poorly due to high gas fees and network congestion, I had become almost numb to the term 'high performance.' However, when I actually performed a series of operations on the Vanar testnet—including minting NFTs, trading in-game assets, and interacting with smart contracts—the smoothness and instant confirmation of the experience stood in stark contrast to my previous experiences on Ethereum and even some other sidechains. The almost zero transaction costs allowed me to engage in microtransactions and frequent interactions without psychological burden, which is the lifeline for the success of games and social applications.