@Dusk_Foundation #dusk $DUSK
I used to think a privacy-focused chain meant everything on it should be private by default. That seemed like the whole point.
But Dusk actually runs two transaction models side by side. Phoenix handles shielded transfers. Moonlight handles transparent, public ones. Same chain, same settlement layer, two different defaults depending on what the use case needs.
That's what shifted my thinking. A regulated market isn't one thing. Some flows need to stay confidential. Others need to be checkable by anyone at any time. If a chain only offers one mode, it's already forcing every application into a shape that won't fit half of them.
I don't know yet how cleanly this splits in practice, whether developers naturally reach for the right model or default to whichever is easier to implement. That's the part I want to watch once more applications actually pick one.