The more I think about privacy in blockchain, the more I realize that it doesn't have to mean hiding everything.
For finance, the bigger question is probably who should be able to see what.
A company might need to prove that a transaction followed the rules, but that doesn't mean everyone needs to see every detail behind it. Some information is simply too sensitive to put on full display.
That’s what made me pay more attention to Dusk.
Dusk is a Layer-1 built with financial applications in mind, and its Confidential Security Contract (XSC) standard supports confidential smart contracts. What I find interesting here is the idea that privacy can be part of the way an application works, rather than something added later.
I’m still learning the technical side of Dusk, but this part makes sense to me from a real-world perspective.
Privacy isn't necessarily about saying, “Nobody can see anything.”
It can be about saying, “Only the information that actually needs to be seen should be revealed.”
That sounds like a much more practical approach for financial applications.
If blockchain becomes a bigger part of finance, I think this distinction between privacy and confidentiality will become even more important.
Would you prefer a financial blockchain where everything is public, or one where you have more control over what gets revealed?
#dusk $DUSK @Dusk
For finance, the bigger question is probably who should be able to see what.
A company might need to prove that a transaction followed the rules, but that doesn't mean everyone needs to see every detail behind it. Some information is simply too sensitive to put on full display.
That’s what made me pay more attention to Dusk.
Dusk is a Layer-1 built with financial applications in mind, and its Confidential Security Contract (XSC) standard supports confidential smart contracts. What I find interesting here is the idea that privacy can be part of the way an application works, rather than something added later.
I’m still learning the technical side of Dusk, but this part makes sense to me from a real-world perspective.
Privacy isn't necessarily about saying, “Nobody can see anything.”
It can be about saying, “Only the information that actually needs to be seen should be revealed.”
That sounds like a much more practical approach for financial applications.
If blockchain becomes a bigger part of finance, I think this distinction between privacy and confidentiality will become even more important.
Would you prefer a financial blockchain where everything is public, or one where you have more control over what gets revealed?
#dusk $DUSK @Dusk