Why does a bank vault have two different keys — one for the teller, one for the auditor?
Think about how a company's cap table works. The founder needs to move shares privately, employees need to see their own vesting, and the regulator needs to audit everything when required. One single "public" ledger can't serve all three at once — either everyone sees everything, or no one does.
Standard tokens (like ERC-20) weren't built for this. They're all-or-nothing: balances and transfers are either fully public or the token doesn't work properly on-chain at all.
Dusk solves this with its XSC standard — Confidential Security Contracts. It's a token standard purpose-built for regulated assets, where ownership and transfer amounts stay shielded by default, but compliance checks (like accredited-investor rules or transfer restrictions) still execute correctly on-chain, and authorized parties can still verify what they're permitted to see.
Why adopt this instead of just using existing token standards? Because tokenizing real securities means satisfying securities law, not just moving numbers around. A cap table that leaks every shareholder's stake to the public isn't compliant — but one that hides everything from regulators isn't either. XSC was built to hold both truths at once.
@Dusk_Foundation
#dusk $DUSK
#createrpad #BinnanceSquare
Think about how a company's cap table works. The founder needs to move shares privately, employees need to see their own vesting, and the regulator needs to audit everything when required. One single "public" ledger can't serve all three at once — either everyone sees everything, or no one does.
Standard tokens (like ERC-20) weren't built for this. They're all-or-nothing: balances and transfers are either fully public or the token doesn't work properly on-chain at all.
Dusk solves this with its XSC standard — Confidential Security Contracts. It's a token standard purpose-built for regulated assets, where ownership and transfer amounts stay shielded by default, but compliance checks (like accredited-investor rules or transfer restrictions) still execute correctly on-chain, and authorized parties can still verify what they're permitted to see.
Why adopt this instead of just using existing token standards? Because tokenizing real securities means satisfying securities law, not just moving numbers around. A cap table that leaks every shareholder's stake to the public isn't compliant — but one that hides everything from regulators isn't either. XSC was built to hold both truths at once.
@Dusk_Foundation
#dusk $DUSK
#createrpad #BinnanceSquare