What Is DUSK Network?
DUSK Network is an open-source, privacy-preserving blockchain platform designed specifically for regulated financial applications. Its primary goal is to enable the creation, issuance, and trading of digital securities and tokenized assets while maintaining confidentiality.
Unlike traditional public blockchains where transaction data is fully visible, DUSK Network allows users to keep sensitive information private while still ensuring transaction validity and compliance. This unique approach makes it suitable for institutions such as banks, fintech companies, and enterprises.
How Zero-Knowledge Proofs Power DUSK
One of the core technologies behind DUSK Network is Zero-Knowledge Proof (ZKP) cryptography. This technology allows users to prove that a transaction is valid without revealing any private data.
For example, a participant can confirm eligibility for a transaction without disclosing identity, balance, or personal details. This ensures a strong balance between privacy, transparency, and trust, which is essential for modern digital finance.
What Is DUSK Coin Used For?
DUSK Coin is the native utility token of the DUSK Network and plays a critical role in its ecosystem. Its main use cases include:
Paying transaction and network fees
Executing confidential smart contracts
Staking to secure the network
Participating in decentralized governance
Through staking, users contribute to network security while earning rewards, making DUSK Coin more than just a speculative crypto asset.@Dusk #Dusk $DUSK
