Dusk Network is a protocol layer, specifically a privacy-oriented blockchain protocol that helps anyone in building zero-knowledge dApps. The network offers open Dusk for developers to create consumer and enterprise-level security tokens with audibility, privacy, and compliance.
What is Dusk Network?
According to the official website;
Dusk Network is a cryptographically transparent digital ledger. Dusk streamlines the issuance of digital securities and automates trading compliance with the world’s first programmable and confidential securities.
The team behind Dusk network aims at offering high-throughput, scalability and instant transaction finality blockchain solution. By using Dusk Netowork’s zero-knowledge proofs, developers, companies, users and other project owners can create real-world applications that feature data privacy as well as follow strict compliance requirement.
Nevertheless, it is secured by SBA, segregated Byzantine Agreement which is a consensus protocol and zero-knowledge cryptography.
Very recently, the platform has announced the public release of the new feature, Testnet Shin. It is the Dusk Network’s first-ever publicly-available implementation made possible by SBA consensus protocol. Echoing the similar sentiment, Emanuele Francioni, Founder and Tech Lead of Dusk states that;
“The release of Testnet Shin marks a significant milestone for Dusk Network and the entire world of decentralized applications. Since our inception in early 2018, we have been at the forefront of research and development in reg-tech, zero-knowledge cryptography, and digital finance. We are ecstatic that these efforts are finally coming to fruition. We will build on this momentum and bring our ledger to a large public.’’
Exchange Listing & updates
This blockchain platform has its native token called “DUSK,” which got recently listed across multiple largest cryptocurrency exchanges. DUSK network’s initial token sale was conducted on Tokinex which is the token sale platform of Ethfinex and Bifinex.
Nevertheless, DUSK token received massive interest from exchanges including Bitfienx & Ethfinex and Binance crypto exchange. According to the official announcement, DUSK token is available for secondary market trading since July 11, 2019. Also, the token is recently listed on Binance crypto exchange in multiple trading pairs, including; DUSK/BNB, DUSK/BTC, DUSK/USDT, DUST/USDC, and DUSK/PAX trading pairs.
Moreover, the platform announces browser nodes which help its community with the necessary tools to verify zero-knowledge proofs. Dusk Network is also confirmed that 10% of their total supply is integrated with Binance Chain.
For more information on the DUSK Network, please visit – https://dusk.network/
Join Dusk Network’s Telegram Channel
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.
Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.