dusk

Poziția lui Yi Lihua în ETH a devenit centrul atenției pe întreaga piață.

La început, $ETH în jur de 3000 de dolari, Huazi a postat o fotografie, pregătind o sticlă de șampanie. Cei care au avut încredere în el, acum ce tip de cont au, nu trebuie să mai spunem mult. În prezent, pierderile sale sunt de aproximativ 660 de milioane de dolari, iar dacă ETH scade sub 1860, va trebui să se activeze o alertă de lichidare. Zeci de milioane de dolari în ordine de vânzare ar putea cădea, iar o serie de lichidări nu sunt imposibile.

Vânzătorii îl urmăresc, iar mulți soldați îl observă de asemenea. Huazi este acum sursa de încredere, dar ar putea fi și scânteia care declanșează prăbușirea.

Dar ceea ce vreau să discut nu este dacă ar trebui să cumpărăm ETH, ci un alt subiect: de ce poziția unei persoane poate deveni un "semnal" pentru întreaga piață?

@Dusk Decentralized finance has proven that markets can function without centralized intermediaries. What it has not yet proven is that they can do so without relying on fragile assumptions about liquidity, leverage, and participant behavior. Much of DeFi today optimizes for velocity rather than durability: rapid capital inflows, incentive-driven liquidity, and governance structures that assume rational coordination under stress. Dusk exists because these assumptions repeatedly fail, especially when DeFi attempts to intersect with regulated finance, long-duration assets, or institutions that cannot afford balance sheet volatility.

At its core, Dusk is not a response to technological limitations, but to economic ones. The protocol begins from the observation that most DeFi systems unintentionally force users into behaviors that degrade capital over time. Liquidation thresholds, overcollateralization models, and reflexive incentive structures create environments where ownership is provisional and contingent on market calm. In such systems, volatility does not merely reprice assets—it mechanically transfers ownership away from participants least able to react. Dusk’s architecture reflects an attempt to design financial primitives that acknowledge this reality rather than deny it.

One of the most underexamined problems in DeFi is forced selling. Liquidations are often treated as a necessary safeguard, but in practice they are blunt instruments that convert short-term price movements into permanent loss of ownership. This is tolerable for speculative trading, but incompatible with long-term asset management, regulated securities, or real-world assets whose value is not intended to be marked-to-market every block. Dusk’s emphasis on privacy-preserving compliance and controlled disclosure is inseparable from this issue: if assets are meant to be held, financed, and audited over long horizons, the system must reduce the frequency with which volatility compels involuntary exits.

Liquidity fragility compounds this problem. Much of DeFi liquidity is not capital in the traditional sense, but temporarily rented balance sheet space, subsidized by emissions or governance promises. When incentives decay or market conditions tighten, liquidity vanishes precisely when it is most needed. Dusk’s design implicitly rejects the idea that deep liquidity can be sustainably manufactured through rewards alone. By targeting institutional-grade use cases—where participation is governed by mandates rather than opportunism—the protocol accepts thinner, more stable liquidity over thicker, transient pools. This is a trade-off, not a deficiency.

Short-term incentives further distort economic behavior. Yield-driven participation encourages leverage, rehypothecation, and recursive strategies that are profitable only while conditions remain benign. These dynamics are difficult to reconcile with regulated finance, where capital efficiency is measured against risk-weighted exposure, not nominal returns. Dusk’s conservative posture—its slower cadence, narrower scope, and emphasis on correctness over composability—reflects an understanding that some forms of efficiency are illusory. Reducing tail risk can be more valuable than marginal increases in capital velocity.

Capital inefficiency is often framed as a failure of DeFi design, but this framing assumes that all capital should be maximally deployed at all times. In traditional finance, unused capacity is often intentional: buffers exist to absorb shocks, comply with regulation, and preserve optionality. Dusk treats borrowing, liquidity provision, and stable assets as tools for balance sheet management rather than yield extraction. The goal is not to squeeze every unit of capital into productive use, but to allow participants to maintain exposure without surrendering control during periods of stress.

Privacy, in this context, is not about concealment but about selective disclosure. Regulated financial activity requires auditability without constant transparency, a distinction DeFi has historically struggled to implement. Dusk’s zero-knowledge architecture attempts to reconcile these demands by allowing compliance to be proven rather than assumed. Economically, this reduces the need for overcollateralization and punitive risk controls, because counterparties can assess solvency and adherence without demanding excess guarantees. The result is a system that can support ownership without constant threat of liquidation.

These choices come with clear trade-offs. Reduced composability limits speculative innovation. Conservative risk parameters slow growth. Privacy layers increase complexity and reduce retail accessibility. But these costs are borne intentionally, in exchange for a system that aligns more closely with how capital is actually managed outside crypto-native environments. Dusk does not attempt to replace existing DeFi markets; it occupies a narrower space where durability matters more than throughput.

Yield, when it appears, is a byproduct rather than a design objective. Returns emerge from financing activity that preserves ownership, not from emissions schedules or reflexive leverage. This makes growth harder to measure and narratives harder to sell, but it aligns incentives over longer time horizons. Participants are not rewarded for being early or aggressive, but for being solvent and compliant.

Dusk’s relevance, then, is unlikely to be proven in moments of exuberance. It will be tested during periods of contraction, regulatory scrutiny, and market fatigue when capital prioritizes survival over expansion. If DeFi is to mature beyond speculative cycles, it will need systems that accept constraint as a feature rather than a flaw. Dusk represents one such attempt: quiet, deliberate, and oriented toward a future where ownership, not momentum, is the primary unit of value.

@Dusk #dusk $DUSK

Acum câteva zile am primit un airdrop de la un anumit proiect, am trimis câteva plicuri roșii în grup

Rezultatul a fost că toată lumea a răspuns: „Mulțumesc, șefule, data viitoare mai trimite câteva.”

M-am uitat la ecran și, dintr-o dată, mi s-a părut destul de lipsit de interes

Pe WeChat, plicul roșu este doar un lubrifiant social, după ce l-ai trimis, dispare, fără niciun punct de memorie

Dar în Web3, transferul nu este doar o mișcare de fonduri, ci mai degrabă o confirmare a relațiilor on-chain
Cu această oboseală a „socializării ineficiente”, am văzut Binance Pay și @Dusk acest eveniment

Dacă trimiti 0.01U unui prieten, ai șansa să câștigi 6666

Let's discuss Dusk Network and their Kadcast protocol. If you’re into crypto and tech, and care about global utility and regulated sectors in finance, then $DUSK from @dusk_foundation is definitely worth looking into. “It's a Layer-1 blockchain that truly delivers on both utility and privacy. Honestly, it's flying under the radar at the moment, but I have a feeling this isn’t going to be the case for much longer.”
Well, let’s talk about one of the smartest, most underappreciated aspects of Dusk’s tech: its own peer-to-peer broadcasting protocol, called Kadcast. And honestly, it’s leagues ahead of those old gossip protocol implementations that most blockchains are saddled with.
So here is the real scoop on the traditional gossip protocols used in 2025: they are a mess. All nodes just end up sending messages to all their neighbors. Then they all end up sending messages to all their neighbors, and so on. What results from all of this noise?
You're using up way too much bandwidth for the nodes.Latency? All over the place.The same message keeps being sent over and over again, clogging things up.You get more orphaned blocks and the network slows down.
Dusk saw all this chaos and basically said,
“Yeah, no thanks. We can do better.” And that’s where Kadcast comes in.
The Technical Core: How Kademlia DHT Changed
Kadcast begins with the Kademlia Distributed Hash Table, but turns it on its head. Kademlia’s origins are rooted in the discovery of nodes, simply knowing where things are. Dusk extends this into a powerful broadcast system, taking the old method and Dusk extends this into a powerful broadcast system.
The Real Reason the XOR Metric Counts
Kadcast isn’t random in its message dissemination. It uses a way of categorizing the nodes in buckets. These buckets are categorized by the XOR metric, which measures distance. So, the routing table is kept sharp at all times.
But honestly, the thing that really stands out here is the efficiency with which messages are delivered. It isn't just fast – it’s logarithmic, or O(log n), in a nutshell. So while you might up the node count in the network from a thousand to a million, messages only take a blink of an eye longer to propagate. The network doesn’t slow down under the sheer volume of messages that typically plague a standard gossip network.
From Chaos to the Multicast Tree
Most of these gossip protocols just send messages all over the place, and hope that eventually they get where they really belong. It’s messy, and it wastes an awful lot of bandwidth. Kadcast, of course, doesn’t work like this. It’s deterministic, which means we use the power of DHTs to put together a little multicast tree in just milliseconds. Each node gets the message just when they need it, no more, no less. The end result? You look at using 25% to 50% less bandwidth than all these previous messy protocols.

Built-in Fault Tolerance
let's face it: networks are messy; nodes sometimes go out of circulation without warning—often just crashing and burning altogether. Kadcast doesn't care: that's fine by them.
A routing table that adjusts in real-time.Automatic peer swapping if a node fails.Having more peers in each bucket to guarantee a backpath.
Security and Privacy That Actually Matter
Every piece of messaging receives a signature, and a checking process occurs before anything is relayed. This prevents Sybil attacks from happening. But here’s where it gets fascinating – what you don’t realize is that messages are relayed via a series of hops with distant nodes. Therefore, you cannot identify where anything comes from.
Thus, this is a big deal for Dusk. They are all about keeping things private while at the same time playing by the rules. Kadcast helps them with this since information can be moved around confidentially without necessarily revealing the sources. This is what exactly you need for your regulated DeFi, tokenized assets, etc., if you value your private information and adhere to rules.

Bottom Line
Here's the real story: Kadcast is not some minor networking fix. This is a major step up that gives:
$DUSK faster speeds, slashes bandwidth, boosts privacyIt keeps the whole thing rock-solid. Even better, it runs smoothly on simple hardware; there is no need for fancy setups.
If you care about privacy blockchains that actually scale and play by the rules, pay attention to DUSK. The tech holds up under pressure, the team just keeps on delivering, and they know exactly where they're headed.
So, what's your take? Is structured P2P where we're all going to end up, or are we just going to stay with the same old gossip protocol forever? Let's hear it.
#dusk $DUSK @Dusk_Foundation

刚发现一个活动，忍不住来分享一下。
币安支付又在搞转账活动了，入口藏得还挺深的：首页→更多→支付→支付活动→转账活动，不专门找还真不容易发现。
重点来了——只要转账超过0.001美金，就有机会直接拿100刀的奖励！
没看错，就是0.001刀，连一分钱都不到。
我身边已经有好几个朋友中了，老用户新用户都能参加，纯纯的零成本白嫖机会 🎁
说到白嫖，最近一直在关注 @dusk_foundation 的动态。$DUSK 作为专注隐私智能合约的Layer1，主打合规+隐私这条赛道，在监管越来越严的大环境下，这个叙事其实挺有想象空间的。而且团队一直在稳步推进，没有那种乱喊口号的浮躁感。如果你薅完这波羊毛还有余力，不妨也去了解一下 Dusk 的生态进展 👀
当然了，$BNB 作为交易所代币的龙头，参与币安生态活动本身就是在给自己的持仓加buff，这个逻辑大家都懂的。
操作路径： 首页→更多→支付→支付活动→转账活动
操作提示：
可以找朋友互相转，0.001刀随便转
没朋友转？转我也行！UID：128100920
中不中看运气，但成本几乎为零
转完记得回来评论区报喜！
已经参与的小伙伴来报个到？中了的更要来炫一下，让大家沾沾喜气👇

Când toată lumea discută despre unde este fundul, îți recomand să te oprești și să te gândești: această rundă de prăbușire, ce a scos de fapt la iveală?

Între 5 și 6 februarie, Bitcoin a scăzut brusc cu aproape 15%, sub 63.000 de dolari, retragerea față de vârful istoric depășind odată 48%. Această scenă este comparabilă cu o mică avalanșă, datele de la Coinglass arată că numărul global al lichidărilor a depășit 570.000. Panic, vânzare forțată, înjurături, emoțiile au scăzut la minim.
Dar tot mai mult simt că această prăbușire generalizată este, de fapt, o „selecție brutală” pe care o face piața. Este ca și cum mareea s-ar retrage, lăsându-ne să vedem cine înoată gol și cine a pus deja vestea de salvare.

Bitcoin a scăzut sub 60.000, iar încrederea pieței pare că a scăzut și ea. Dar vreau să discut ceva diferit cu tine: este posibil să asistăm la sfârșitul unei ere și începutul unei alte ere.
Vechea eră este jocul din interiorul „nativilor cripto”, care vorbește despre descentralizare, rezistență la cenzură și revenirea de la rădăcină. Este foarte pasionant, dar plafonul este vizibil cu ochiul liber.
Noua eră va fi un joc de fuzionare a „digitalizării activelor tradiționale”, care vorbește despre eficiență, conformitate și lichiditate globală. Este foarte vast, dar intrarea este extrem de îngustă.
Fluctuația Bitcoin-ului este ca tremurul tectonic provocat de întoarcerea gigantilor din aceste două ere. Iar în această fisură, proiecte precum $DUSK au văzut brusc cum valoarea lor a fost iluminată.