Been digging into Dusk a bit more lately, and one thing changed how I look at it.
I originally thought the main story was pretty simple: privacy-focused L1 built for financial apps.
But I’m not sure privacy itself is the interesting part anymore.
Dusk mainnet went live in January 2025 after years of testnets and development. Now there are basically two sides to the stack: DuskVM for the confidential/ZK side, and DuskEVM for developers who already know Solidity.
Then I came across the NPEX connection.
$DUSK says there’s €200M+ in confirmed issuance tied to NPEX, which already has 20,000+ investors.
Nice numbers, but they don’t prove much yet.
What I find more interesting is what #dusk is actually trying to solve underneath that: keeping financial activity private without making it invisible to regulators.
That’s a harder problem than just adding privacy.
Public blockchains expose too much for some financial use cases. Fully closed systems lose a lot of what makes blockchains useful in the first place.
@Dusk_Foundation seems to be trying to sit somewhere between those two.
A few years ago the question was whether the network and its privacy tech would work.
Now the question looks more practical: will people actually use it?
I’d rather watch real settlement volume, active investors and confidential transaction activity than another partnership number.
That should tell us much more.
I originally thought the main story was pretty simple: privacy-focused L1 built for financial apps.
But I’m not sure privacy itself is the interesting part anymore.
Dusk mainnet went live in January 2025 after years of testnets and development. Now there are basically two sides to the stack: DuskVM for the confidential/ZK side, and DuskEVM for developers who already know Solidity.
Then I came across the NPEX connection.
$DUSK says there’s €200M+ in confirmed issuance tied to NPEX, which already has 20,000+ investors.
Nice numbers, but they don’t prove much yet.
What I find more interesting is what #dusk is actually trying to solve underneath that: keeping financial activity private without making it invisible to regulators.
That’s a harder problem than just adding privacy.
Public blockchains expose too much for some financial use cases. Fully closed systems lose a lot of what makes blockchains useful in the first place.
@Dusk_Foundation seems to be trying to sit somewhere between those two.
A few years ago the question was whether the network and its privacy tech would work.
Now the question looks more practical: will people actually use it?
I’d rather watch real settlement volume, active investors and confidential transaction activity than another partnership number.
That should tell us much more.