I used to think that once the block is finally confirmed with deterministic finality, securities trading is truly “over.” After re-examining the materials for @Dusk , I found that this only addresses the technical side of non-reversion—it does not mean that legal rights and responsibilities have already been settled.
DuskDS’s Succinct Attestation achieves finality in three steps: proposal, verification, and approval; today’s observation value from its official website is about 10 seconds. It can compress waiting and reconciliation costs, but it cannot automatically determine who is the legal holder, who is responsible for custody failures, how corporate actions are executed, or who has the authority to revoke and compensate in the event of a dispute.
So I endorse deterministic settlement, but I won’t write it as “legal risk has disappeared.” I only track two things: whether the asset leg and the payment leg are truly settled in sync, and how long an anomalous transaction takes to go from detection to resolution. As for the long-term implications of $DUSK , we should first return to the already-confirmed gas and staking requirements, rather than wrapping technical finality into a promise of returns.
Do you think institutions fear A-chain reorgs more, or unclear responsibilities and liabilities off-chain?#dusk
DuskDS’s Succinct Attestation achieves finality in three steps: proposal, verification, and approval; today’s observation value from its official website is about 10 seconds. It can compress waiting and reconciliation costs, but it cannot automatically determine who is the legal holder, who is responsible for custody failures, how corporate actions are executed, or who has the authority to revoke and compensate in the event of a dispute.
So I endorse deterministic settlement, but I won’t write it as “legal risk has disappeared.” I only track two things: whether the asset leg and the payment leg are truly settled in sync, and how long an anomalous transaction takes to go from detection to resolution. As for the long-term implications of $DUSK , we should first return to the already-confirmed gas and staking requirements, rather than wrapping technical finality into a promise of returns.
Do you think institutions fear A-chain reorgs more, or unclear responsibilities and liabilities off-chain?#dusk
