#dusk I feel that one thing Dusk makes me to watch closely is how much cryptographic design actually affects user behavior. It is Phoenix model uses Schnorr signatures over JubJub with Poseidon, while double Schnorr signatures and SpeedyMuSig add flexibility around private transactions and multisignature use.
From a market perspective the opportunity is straightforward, efficient signing and aggregation can reduce friction as private transaction activity grows. But the weakness is equally clear better cryptography does not automatically create demand.
I would not price the thesis on the technology alone. I’d watch Phoenix transaction volume, repeat users, multisig activity, fees, active addresses and whether private usage keeps growing after incentives cool. That data would tell me whether the cryptographic infrastructure is actually translating into sustained network activity.
@Dusk $DUSK
From a market perspective the opportunity is straightforward, efficient signing and aggregation can reduce friction as private transaction activity grows. But the weakness is equally clear better cryptography does not automatically create demand.
I would not price the thesis on the technology alone. I’d watch Phoenix transaction volume, repeat users, multisig activity, fees, active addresses and whether private usage keeps growing after incentives cool. That data would tell me whether the cryptographic infrastructure is actually translating into sustained network activity.
@Dusk $DUSK
