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In the era of financial digitalization, there is an eternal dilemma: choose transparency but expose privacy; or uphold privacy but risk regulatory scrutiny. Until recently, the emergence of Dusk Foundation seemed to break this deadlock, with its slogan being "Compliance Privacy."
Dusk Network appears to be a Layer 1 blockchain on the surface, but where is the real trick? It has made "privacy-first" its core DNA. Its self-developed consensus mechanism, called Succinct Attestation, combines proof of stake with segmented Byzantine Fault Tolerance, achieving test results of hundreds of transactions per second, ensuring both efficiency and security.
The most impressive feature is the integration of zero-knowledge proofs. Simply put, transactions are compressed into cryptographic proofs, allowing verifiers to confirm their authenticity without viewing transaction details. But this is not a backdoor; Dusk has innovated with a new approach—"Auditable Privacy." Users can selectively disclose information, for example, cooperating with regulators during anti-money laundering checks. The practical scenario is as follows: someone conducts securities transactions, their identity can be hidden, but regulatory authorities holding the keys can trace the transaction flow, maintaining a complete accountability chain.
The roadmap is also very clear. After running the mainnet for over a year, Dusk plans to launch DuskEVM by the end of this year, which can run Ethereum contracts, significantly reducing developers' migration costs. The community-developed block explorer, DuskExplorer, has already demonstrated real-world scenarios—for example, a tokenized equity transfer, where only the hash is visible in the public view, but if you are a transaction participant, you can see the full amount and both addresses.
The testnet is also very active, attracting over 8,000 nodes to participate in the incentive program. This number indicates that the market indeed has a demand for this privacy + compliance solution.