In the very first time i assumed that privacy in blockchain was a feature for institutions alone but in next Something only banks and funds needed. But then I thought about a regular person's bank statement. Nobody publishes their salary and savings, or mortgage details on a public wall. That information is sensitive and protecting it isn't suspicious. It's basic dignity.
$DUSK extends that same protection to on-chain finance. With zero-knowledge technology an individual can hold tokenized assets to participate in DeFi or settle a private transaction without revealing their entire financial life to the world. And the network is prove that the transaction is valid and other that compliance rules are satisfied, and that ownership is legitimate without exposing the amount of the counterparty or the type of asset.
This matters because financial privacy should not be a privilege to reserved for the wealthy or the powerful. It's a right that belongs to everyone but If blockchains force users to choose between transparency and participation, many will simply stay away. #Dusk offers a different path to participate fully comply fullyand still keep your personal financial details yours.
@Dusk_Foundation #dusk
$DUSK extends that same protection to on-chain finance. With zero-knowledge technology an individual can hold tokenized assets to participate in DeFi or settle a private transaction without revealing their entire financial life to the world. And the network is prove that the transaction is valid and other that compliance rules are satisfied, and that ownership is legitimate without exposing the amount of the counterparty or the type of asset.
This matters because financial privacy should not be a privilege to reserved for the wealthy or the powerful. It's a right that belongs to everyone but If blockchains force users to choose between transparency and participation, many will simply stay away. #Dusk offers a different path to participate fully comply fullyand still keep your personal financial details yours.
@Dusk_Foundation #dusk