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cryptorallyp
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What really gives DUSK its network utility?
I’ve followed Dusk for longer than I’d like to admit, especially because the setup is odd. Most privacy chains see regulators as the enemy. This one is built so an institution can keep positions private and still demonstrate eligibility when it has to.
The token itself isn’t complicated. You pay gas in DUSK for every transfer, public or protected. You lock at least 1,000 to participate in consensus. The fees and the new issuance go to the people who are actually producing and attesting blocks. That’s the entire on-chain loop.
The part that could make this more than a staking coupon is the liquidation design. If someone issues a bond or an equity stake natively, the chain has to check who is allowed to hold it, hide the size of the position, and ensure the transaction is finalized.
#dusk $DUSK @Dusk $BEAT $VELVET
#CryptoRallyp #Desincry p#TrumpUrgesCongressToPassClarityAct
I’ve followed Dusk for longer than I’d like to admit, especially because the setup is odd. Most privacy chains see regulators as the enemy. This one is built so an institution can keep positions private and still demonstrate eligibility when it has to.
The token itself isn’t complicated. You pay gas in DUSK for every transfer, public or protected. You lock at least 1,000 to participate in consensus. The fees and the new issuance go to the people who are actually producing and attesting blocks. That’s the entire on-chain loop.
The part that could make this more than a staking coupon is the liquidation design. If someone issues a bond or an equity stake natively, the chain has to check who is allowed to hold it, hide the size of the position, and ensure the transaction is finalized.
#dusk $DUSK @Dusk $BEAT $VELVET
#CryptoRallyp #Desincry p#TrumpUrgesCongressToPassClarityAct
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