An Overview
In the rapidly evolving world of blockchain and cryptocurrency, DUSK Network stands out as a project focused on combining privacy, security, and regulatory compliance. The native cryptocurrency of this blockchain is called DUSK Coin. Unlike many privacy-focused projects that emphasize complete anonymity, DUSK aims to create a balanced system where financial transactions remain confidential while still being compatible with legal and institutional requirements.
The Vision Behind DUSK Network
DUSK Network was designed primarily to support Security Token Offerings (STOs) and the tokenization of real-world financial assets such as shares, bonds, and funds. Traditional financial systems often struggle with transparency, efficiency, and privacy. At the same time, most public blockchains lack the privacy features required by institutions. DUSK attempts to bridge this gap by offering a blockchain that supports private transactions without sacrificing auditability when required.
How DUSK Coin Is Used
DUSK Coin plays a central role within the DUSK Network ecosystem. Its main use cases include:
Transaction Fees: Users pay fees in DUSK when sending transactions or interacting with smart contracts.
Staking: Validators must stake DUSK coins to participate in securing the network and validating blocks.
Governance: Token holders can take part in governance decisions, influencing protocol upgrades and network policies.@Dusk #Dusk
