I Think “Private or Public” Is the Wrong Question for Financial Blockchains
While reading through @Dusk, I kept noticing something that sounds small but changes the whole privacy discussion.
Dusk does not treat visibility as one fixed setting.
Moonlight handles transparent public account flows, while Phoenix supports shielded transfers using zero-knowledge proofs. Dusk also documents selective disclosure for situations where authorized parties need specific evidence without making unnecessary information public.
That feels much closer to the problem regulated finance actually has.
An investor may not want balances or transfers exposed to everyone, while issuers, venues, auditors or supervisors may still require controlled access to particular information. Dusk’s market-infrastructure documentation explicitly describes selective disclosure in those terms.
Then XSC adds another layer. Dusk describes its Confidential Security Contract standard as a framework for the creation and issuance of privacy-enabled tokenized securities.
What keeps me thinking is that privacy here feels less like a hiding feature and more like an information-control problem.
Maybe the useful question is not:
“Should financial activity be public or private?”
Maybe it is:
“Who actually needs to see what?”
@Dusk_Foundation $DUSK #dusk
While reading through @Dusk, I kept noticing something that sounds small but changes the whole privacy discussion.
Dusk does not treat visibility as one fixed setting.
Moonlight handles transparent public account flows, while Phoenix supports shielded transfers using zero-knowledge proofs. Dusk also documents selective disclosure for situations where authorized parties need specific evidence without making unnecessary information public.
That feels much closer to the problem regulated finance actually has.
An investor may not want balances or transfers exposed to everyone, while issuers, venues, auditors or supervisors may still require controlled access to particular information. Dusk’s market-infrastructure documentation explicitly describes selective disclosure in those terms.
Then XSC adds another layer. Dusk describes its Confidential Security Contract standard as a framework for the creation and issuance of privacy-enabled tokenized securities.
What keeps me thinking is that privacy here feels less like a hiding feature and more like an information-control problem.
Maybe the useful question is not:
“Should financial activity be public or private?”
Maybe it is:
“Who actually needs to see what?”
@Dusk_Foundation $DUSK #dusk