@Dusk ($DUSK) is a Layer-1 blockchain, designed for institutional finance and privacy. The core of its technical features is Zero-Knowledge Proofs, which can prove the validity of transactions while keeping their information private. There are usually two extremes in the cryptocurrency world. On the one hand, there are public blockchains like Bitcoin or Ethereum, where everyone can see the transaction information.
Dusk’s first and foremost claim is that ownership of your money and transaction information are your private matter. In the current banking system or on a general blockchain, your transaction history is visible to many. Dusk says that when you send money to someone, your wallet balance, how much you are sending, and who you are sending it to — these information will remain private on the network. This is essential for protecting your personal security and business confidentiality.
Dusk uses an advanced mathematical method called Zero-Knowledge Proofs (ZKP) to ensure this privacy. This simply means that you can prove that the information is correct without revealing it. That is, the network can verify whether the amount of money you are sending is in your account, but no one has to see your actual balance.
The most interesting part of Dusk's message is that privacy coins are usually not liked by government agencies or regulators because of the fear of money laundering. Dusk is offering a special advantage here. Although transactions on their network are hidden, they are "Verifiable". If for some special need (such as a tax audit or legal investigation) it is necessary to provide proof of the transaction, the user himself can show that information to the relevant authorities. That is, it is hidden by default but can be disclosed if necessary.
Dusk was originally created with institutional investors and large companies in mind. Big companies don't want their business transactions to be seen by competitors, and they don't want to do anything outside the law. Dusk's technology gives them the security where they can transact safely and at the same time comply with government regulations.
Ultimately, the essence of Dusk's words is that they are creating a blockchain ecosystem where users will have full control over their personal information. This is a combination of the privacy of traditional banking and the modern technology of blockchain. Dusk believes that financial freedom does not mean that you have to be outside the law, but rather that there should be a system where your personal information is safe but you can also maintain transparency if you want.