Was deep in the CreatorPad task on Dusk's selective disclosure angle when something small stopped me mid-scroll. $DUSK , #dusk , @Dusk — I went past the "confidential by default" line straight into the docs, and hold up… the actual default transaction type most people use, Moonlight, is described in Dusk's own documentation as "just the transparent way to move DUSK." The shielded, selectively-disclosing path — Phoenix — is the one you have to reach for.
That landed different after reading Dusk's Aug 15 piece on tokenizing SME shares with NPEX — €200M+ already issued, 20K+ investors in that pipeline — where selective disclosure is framed as the whole point of the design. But at the base layer, privacy isn't the resting state. It's a mode you opt into, not something wrapping every tx automatically.
Snack break realization, honestly — I'd assumed "privacy-first L1" meant privacy was the default rail everything rides on. It's more like: public by default, private on request, audit-ready when someone needs it. Makes sense for institutions proving things to regulators without proving them to everyone else. Still not fully sold it's a flaw though… maybe transparent-by-default is the more honest choice for a chain built around selective disclosure in the first place.
If the default path is public and privacy takes an extra step, who's actually reaching for that step right now — retail wallets, or just the institutions with something to prove?
@Dusk
#dusk
$DUSK
That landed different after reading Dusk's Aug 15 piece on tokenizing SME shares with NPEX — €200M+ already issued, 20K+ investors in that pipeline — where selective disclosure is framed as the whole point of the design. But at the base layer, privacy isn't the resting state. It's a mode you opt into, not something wrapping every tx automatically.
Snack break realization, honestly — I'd assumed "privacy-first L1" meant privacy was the default rail everything rides on. It's more like: public by default, private on request, audit-ready when someone needs it. Makes sense for institutions proving things to regulators without proving them to everyone else. Still not fully sold it's a flaw though… maybe transparent-by-default is the more honest choice for a chain built around selective disclosure in the first place.
If the default path is public and privacy takes an extra step, who's actually reaching for that step right now — retail wallets, or just the institutions with something to prove?
@Dusk
#dusk
$DUSK
