I used to believe that blockchain privacy was more of a concern of people that were moving tokens around anonymously. That was my original thought, but after spending more time around Dusk, I changed my mind. The financial application aspect is really quite different. In some cases, it might not be feasible to share all the information, if the blockchain is intended, for example, to manage regulated assets or other sensitive financial activities. This is done through confidential smart contracts and its XSC standard, which embeds privacy into the application logic, rather than as an additional feature.
I'm more interested in the difference than the typical privacy story. It poses the question not just of whether a transaction can be hidden, but of what parts of an application would be confidential and what parts would be verifiable if needed. Sounds like the way the financial systems work already. I do not want to assume that because I have an architecture, that I have an adoption.I don't want to presume an architecture means adoption. There are lots of rival chains and frameworks in the market and institutions tend to take their time when it comes to compliance and infrastructure. I would like to see if Dusk can get enough applications to use it, rather than a few people looking at it from time to time. Numbers that I will continue to watch will likely be the numbers related to developer retention, transaction growth and real use cases. As long as those aren't more definitive, I'm interested, but still skeptical.
$TRUMP
$MUBARAK
#dusk $DUSK @Dusk
I'm more interested in the difference than the typical privacy story. It poses the question not just of whether a transaction can be hidden, but of what parts of an application would be confidential and what parts would be verifiable if needed. Sounds like the way the financial systems work already. I do not want to assume that because I have an architecture, that I have an adoption.I don't want to presume an architecture means adoption. There are lots of rival chains and frameworks in the market and institutions tend to take their time when it comes to compliance and infrastructure. I would like to see if Dusk can get enough applications to use it, rather than a few people looking at it from time to time. Numbers that I will continue to watch will likely be the numbers related to developer retention, transaction growth and real use cases. As long as those aren't more definitive, I'm interested, but still skeptical.
$TRUMP
$MUBARAK
#dusk $DUSK @Dusk