DUSK Network
- #Smart Contract Platform
- #Privacy Coins
- #Binance BUSD
- 0.22863
- $7.91M
- $106.16MRank #326
- 464.33M
- Spot Markets
- Overview
- Market Data
Similar News
More Info- 06-04 10:00
The Binance World Championship Special: Trade $100 Each on Convert, Spot & Futures To Win...
- 06-03 22:00
MiCA Stablecoin Rules Implementation Announcement
- 06-03 10:15
Word of the Day: Test Your Knowledge on Life in Binance to Earn Binance Points...
- 05-31 15:00
Updates on Minimum Order Size for Spot and Margin Trading Pairs (2024-06-07)
- 05-30 21:28
Binance Futures Will Launch USDT-Margined TURBO Perpetual Contract With Up to 50x Leverage
Market Signal
More InfoCryptocurrency Calendar
NO DATA
What is Dusk Network?\r
\r
Dusk Network describes itself as a blockchain for programmable and confidential securities, powered by Zero-Knowledge proofs and novel Private PoS leader extraction-based consensus protocol. Dusk Network is a privacy blockchain for financial applications. It is a layer-1 blockchain that powers the Confidential Security Contract (XSC) standard, and supports native confidential smart contracts. \r
\r
Dusk Network aims to address the requirements and needs of financial markets. Central to its design is a scalable public infrastructure, direct settlement finality of transactions, and strict data privacy.\r
\r
- Direct settlement finality. A distributed Financial Market Infrastructure (dFMI) should provide clear and final settlement of transactions. On Dusk Network transactions are fast, take seconds to complete, and achieve immediate on-chain finality.\r
- Privacy. Dusk Network provides full user privacy and enables decentralized applications and third-parties to adhere to strict compliance requirements whilst still offering data privacy. This increases the ability to perform business processes on-chain, leading to significant cost reduction.\r
- Public. Users do not need the approval of a trusted authority to use the Dusk Network blockchain. Besides, only minimal processing power and modest IT resources to join. All users who possess the DUSK token can participate in the consensus.\r
\r