The longer you stay in the crypto world, the clearer a trend becomes: short-term narrative stories are no longer important. What determines how far a project can go is whether it can truly integrate into the real financial system. It is precisely because of this understanding that I started to seriously study projects like Dusk Foundation, rather than treating it as a quick money-making task or a leaderboard listing.

To be honest, many people might initially find Dusk a bit "not sexy enough." It lacks the overwhelming marketing rhythm and the frequent slogans of hundredfold returns. Even during the most turbulent times in the industry, it maintains a rare calmness. But from another perspective, this restraint actually indicates something — Dusk is not here to chase hype cycles but is designed as a Layer1 for long-term compliant financial operations.

Let's look at a seriously overlooked real issue:

If in the future there are truly large-scale RWA (stocks, bonds, funds, bills, and such) to be on-chain, can these assets operate in a "completely anonymous and unauditably" environment? The answer is obvious — absolutely not. Regulations, compliance, and audits are not enemies of the crypto space; rather, they are essential conditions for it to mainstream into traditional finance. The core value of Dusk lies precisely in the fact that it has never avoided this issue from the very beginning.

Dusk’s approach is not "privacy or compliance — choose one," but has found a third way: Auditable Privacy. By combining ZK technology with homomorphic encryption, Dusk protects user privacy while enabling regulatory agencies to have the necessary auditing capabilities — this is what the future financial infrastructure truly needs.