1️⃣▪️What Is $DUSK (Dusk Network)?
Dusk Network is a privacy-focused Layer-1 blockchain designed to bridge regulated financial markets and decentralized finance (DeFi) by providing compliance-ready infrastructure with advanced privacy features. It aims to enable institutions and developers to issue, trade, and settle tokenized financial instruments on-chain without sacrificing legal requirements or confidentiality.
At its core, Dusk combines zero-knowledge cryptography with built-in compliance primitives, allowing users to choose between public transparent transactions and shielded private transfers. This makes Dusk particularly suited for regulated finance use cases where privacy and auditability are both required.
2️⃣▪️Modular Architecture
Dusk Network uses a modular architecture designed for flexibility and scalability:
DuskDS (Data & Settlement Layer): The base layer handling consensus, data availability, and settlement.
DuskEVM: An Ethereum-compatible execution layer that enables Solidity-based smart contracts with privacy extensions.
DuskVM: A high-privacy execution environment using zero-knowledge proofs for confidential applications.
This structure separates execution from settlement, which boosts performance and enables different environments optimized for specific workloads.
3️⃣▪️DUSK Token Utility & Economics
The DUSK token is the native currency of the Dusk Network and serves multiple functions within the ecosystem:
Staking & Consensus Participation: Holders can stake DUSK to secure the network and earn rewards.
Network Fees: Used to pay for transaction fees and gas on the blockchain.
Governance & Deployment: DUSK powers on-chain governance and is used to deploy decentralized applications and services.
Incentives: Validators and network participants are rewarded with DUSK tokens.
4️⃣▪️Tokenomics Highlights
Initial Supply: 500 million DUSK, with a maximum cap of 1 billion tokens.
Emission Schedule: The remaining 500 million tokens are gradually emitted over a multi-year program to reward staking and participation, similar to halving models in other networks.
Tokens originally existed as ERC-20 and BEP-20 standards and are migrated to native DUSK on mainnet.
5️⃣▪️Consensus & Privacy
Dusk employs a unique consensus mechanism called Segregated Byzantine Agreement (SBA). This protocol ensures efficient block agreement while enhancing decentralization and reducing vulnerability to attacks.
For privacy, Dusk uses zero-knowledge proofs and dual transaction models:
Phoenix: For private, shielded transactions.
Moonlight: For transparent transactions when needed.
These models allow selective disclosure for compliance without exposing sensitive data publicly.
