Traditional financial institutions often face a dilemma when embracing blockchain: public chains are incredibly transparent but prone to leaking business secrets, while private chains are secure but difficult to interconnect. Now, a project is breaking this deadlock.
Dusk Network takes a different approach—it doesn't pursue complete anonymity but instead tailors solutions for regulated financial scenarios. Its core Hedger protocol cleverly combines cutting-edge cryptographic technologies like zero-knowledge proofs and fully homomorphic encryption to achieve "selective disclosure." Simply put: transaction details are kept confidential externally, but audit data required by regulators is visible to relevant parties. This way, a company's business secrets and compliance requirements can finally be unified on-chain.
Dusk's architecture is even more ambitious. As a Layer-1 blockchain, it has built-in XSC (Confidential Security Contract) standards and the Rusk Virtual Machine— the world's first ZK-VM fully based on zero-knowledge cryptography. What does this mean? Developers can run complex institutional-grade financial logic directly on the chain without worrying about data exposure. Its modular design also allows various financial applications (from asset management to derivatives trading) to find suitable placements.
From another perspective, this is not just a technical stack but a truly feasible on-chain pathway for the entire traditional finance sector. Privacy and compliance are no longer at odds here.
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PoolJumper
· 01-11 01:57
Hmm... Zero-knowledge proofs + fully homomorphic encryption sound impressive, but can they really solve the bunch of issues in traditional finance?
The selective disclosure trick feels like Tai Chi—regulators are happy, institutions are comfortable—realistic?
Layer 1 is back again, with ZK and virtual machines; in the end, it still depends on adoption rates.
Private chains and public chains must be reconciled? I think it's like trying to please everyone—ultimately, no one is satisfied.
Hedger sounds good, but will financial institutions really trust this? Don't they need to go through hundreds of approval processes?
No matter how advanced the architecture is, it needs users; otherwise, it's just another tech showcase.
Basically, it's about being a regulated blockchain intermediary—can this business last long?
I've heard zero-knowledge proofs a thousand times; every time they say it's revolutionary. How's it doing now?
Compliance and privacy not being at odds is a beautiful vision, but how to solve the issue of on-chain data never disappearing?
If this thing can truly break the deadlock, then what were all those previous projects for?
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AirdropJunkie
· 01-11 01:57
Wait, zero-knowledge proofs combined with fully homomorphic encryption? Does this really work or is it just one of those impressive-sounding things that no one actually uses?
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BearMarketSurvivor
· 01-11 01:46
Honestly, I've been hearing about zero-knowledge proofs for several years, and now finally there's a project daring to tailor it for TradFi? It seems like Dusk has really hit the right note with this approach.
But to be honest, can privacy and compliance truly coexist perfectly? I'm still a bit skeptical.
Has anyone tested their XSC contract yet?
I've always thought projects like this tend to fail due to adoption issues. Will institutions really use it?
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ShibaSunglasses
· 01-11 01:40
Wait, zero-knowledge proofs combined with fully homomorphic encryption? That combo sounds intense. Can it really solve the contradiction between privacy and compliance?
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Dusk's move is quite interesting, but will institutions really buy into it? Or is it just another self-congratulatory project?
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I kind of get the logic of selective disclosure, but I feel regulators might not buy it.
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Wow, no one has really explored the path of Layer-1 doing financial privacy.
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Both ZK-VM and confidential contracts—basically, they just want to bring traditional finance on-chain. Is that feasible?
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Privacy and compliance are not mutually exclusive? Wake up, brother, this is an eternal paradox.
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If this really works, it would be a breakthrough, but I still have my doubts.
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Modular design sounds good, but I'm worried it might just be talk.
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Being able to handle everything from asset management to derivatives? Then the real challenge is building the ecosystem.
Traditional financial institutions often face a dilemma when embracing blockchain: public chains are incredibly transparent but prone to leaking business secrets, while private chains are secure but difficult to interconnect. Now, a project is breaking this deadlock.
Dusk Network takes a different approach—it doesn't pursue complete anonymity but instead tailors solutions for regulated financial scenarios. Its core Hedger protocol cleverly combines cutting-edge cryptographic technologies like zero-knowledge proofs and fully homomorphic encryption to achieve "selective disclosure." Simply put: transaction details are kept confidential externally, but audit data required by regulators is visible to relevant parties. This way, a company's business secrets and compliance requirements can finally be unified on-chain.
Dusk's architecture is even more ambitious. As a Layer-1 blockchain, it has built-in XSC (Confidential Security Contract) standards and the Rusk Virtual Machine— the world's first ZK-VM fully based on zero-knowledge cryptography. What does this mean? Developers can run complex institutional-grade financial logic directly on the chain without worrying about data exposure. Its modular design also allows various financial applications (from asset management to derivatives trading) to find suitable placements.
From another perspective, this is not just a technical stack but a truly feasible on-chain pathway for the entire traditional finance sector. Privacy and compliance are no longer at odds here.