Recently I browsed through DUSK’s Telegram and Discord and found an interesting phenomenon: the foreigners mostly discuss technical details—for example, “After the Boreas upgrade, can confidential transaction speed exceed Solana?”—while the Chinese community is mostly asking, “When will they pump?” This contrast reminds me of Ethereum in 2017—back then, Vitalik wrote code on Reddit, the coin price dropped 90%, but it later became the most reliable public blockchain.
DUSK is currently very similar: after two years since the mainnet launch, its TVL is only a few million USD, yet the development team has been iterating nonstop. In 2024 Q3, it released the Boreas testnet; in Q4, it completed an NPEX bond-tokenization prototype; and in 2025 Q1, it started working on native MTF integration. Each step is like squeezing toothpaste—slow and incremental—but each step also comes with AFM regulatory approvals. In contrast, many RWA projects, like “a certain horse-racing product that Binance listed,” release the tokens and then disappear with no further updates.$BTC
Another detail: DUSK’s GitHub commit volume has grown by 40% over the past three months, most of which is dedicated to privacy protocol optimization and cross-chain adapter work. The number of developers increased from 23 to 38—still not huge, but all full-time, with backgrounds from places like Dutch banks and IBM. This “slow craftsmanship produces fine results” pace actually fits Europeans’ character—they’d rather spend three years getting compliance right than launch early just for PR.#dusk @Dusk $DUSK