#dusk @Dusk $DUSK explorer for a while and one number stuck with me in the last 24 hours out of 252 total transactions on the network 231 were Moonlight and only 21 were Phoenix that's roughly 92% public, 8% shielded. You can verify this yourself at duskexplorer.com right now.
That ratio surprised me a little. The whole design premise of $DUSK is that Phoenix handles confidential financial activity private settlements hidden balances ZK proofs. Moonlight was added later, partly to satisfy exchange compliance requirements. But on-chain, actual users are overwhelmingly choosing the public path.
Could be that Phoenix's UX overhead (UTXO notes, proof generation) is still friction enough to push casual users toward Moonlight. Could also be staking-related flows Moonlight supports the Stake contract and most delegation activity is public by nature. I'm honestly not sure which use case is dominating.
What I can't confirm is whether that 21 Phoenix count reflects real privacy demand or just power users testing the model. There's no way to see who's behind those shielded notes which is kind of the point.
The question I'm sitting with: if privacy is the core value proposition why is it the minority behavior at this stage?
That ratio surprised me a little. The whole design premise of $DUSK is that Phoenix handles confidential financial activity private settlements hidden balances ZK proofs. Moonlight was added later, partly to satisfy exchange compliance requirements. But on-chain, actual users are overwhelmingly choosing the public path.
Could be that Phoenix's UX overhead (UTXO notes, proof generation) is still friction enough to push casual users toward Moonlight. Could also be staking-related flows Moonlight supports the Stake contract and most delegation activity is public by nature. I'm honestly not sure which use case is dominating.
What I can't confirm is whether that 21 Phoenix count reflects real privacy demand or just power users testing the model. There's no way to see who's behind those shielded notes which is kind of the point.
The question I'm sitting with: if privacy is the core value proposition why is it the minority behavior at this stage?