#dusk $DUSK I for a long time couldn’t understand why a financial blockchain would need privacy at all.
On the one hand, transparency is desirable—to be able to verify assets, transactions, and ownership rights.
On the other hand, I wouldn’t want my balance and every financial step to be visible to everyone.
That’s exactly what caught my attention: #Dusk .
They are building L1 not around the idea of “showing everything,” but around a different principle: proving what needs to be proven without disclosing more than necessary.
And that’s already more interesting.
Especially when it comes to tokenized securities and RWA. In the real financial world, regulators need to know certain information. But that doesn’t mean every market participant has to know it.
XSC — Confidential Security Contract — is precisely moving in this direction: confidential smart contracts, access control, and working with financial assets.
I like the approach itself: not privacy instead of control, but privacy together with the ability to verify.
And now I’m curious about something else: if financial assets go on-chain at scale, do we really need full transparency—or will transparency only where it’s necessary be enough? @Dusk #DUSK
On the one hand, transparency is desirable—to be able to verify assets, transactions, and ownership rights.
On the other hand, I wouldn’t want my balance and every financial step to be visible to everyone.
That’s exactly what caught my attention: #Dusk .
They are building L1 not around the idea of “showing everything,” but around a different principle: proving what needs to be proven without disclosing more than necessary.
And that’s already more interesting.
Especially when it comes to tokenized securities and RWA. In the real financial world, regulators need to know certain information. But that doesn’t mean every market participant has to know it.
XSC — Confidential Security Contract — is precisely moving in this direction: confidential smart contracts, access control, and working with financial assets.
I like the approach itself: not privacy instead of control, but privacy together with the ability to verify.
And now I’m curious about something else: if financial assets go on-chain at scale, do we really need full transparency—or will transparency only where it’s necessary be enough? @Dusk #DUSK