Dusk is betting that financial markets need blockchain privacy, not another fully transparent ledger. Its XSC standard targets confidential assets and regulated applications.
The idea is sensible. Institutions rarely want competitors watching every position, transaction, or investor relationship. But privacy creates a harder question: who decides what becomes visible?
I've seen this pattern before. A technology promises to remove intermediaries, then quietly creates new ones around identity, compliance, custody, governance, and security.
That's the catch. Dusk may reduce some trust, but it cannot eliminate it. The real test is whether institutions depend on the network when something goes wrong, not when everything works.
@Dusk_Foundation #dusk $DUSK
$PORTAL $VELVET
The idea is sensible. Institutions rarely want competitors watching every position, transaction, or investor relationship. But privacy creates a harder question: who decides what becomes visible?
I've seen this pattern before. A technology promises to remove intermediaries, then quietly creates new ones around identity, compliance, custody, governance, and security.
That's the catch. Dusk may reduce some trust, but it cannot eliminate it. The real test is whether institutions depend on the network when something goes wrong, not when everything works.
@Dusk_Foundation #dusk $DUSK
$PORTAL $VELVET