Dusk: Dusk is an extension of what DeFi means when it applies not to retail but to institutions. In how it treats identity, in how it protects transaction information, every aspect of the network is designed with financial integrity in mind. Institutions are able to verify who they are and what they are allowed to do without putting their private information on the blockchain.
“Confidential transactions” is a major component of this design. Sensitive information like the size of a trade, the assets held, and the settlement of those assets is protected. Yet the network is assured that all activity is legal. This will enable the banks and the funds to do their transactions without revealing their strategies and clients.
Additionally, the modularity of the Dusk network provides more flexibility than the typical blockchain network. This is due to the fact that the regulatory requirements are subject to changes in the market, meaning that the logic of compliance must be updated, an aspect that the modularity provides without disrupting the current applications.
Security and fairness are also incorporated in the protocol. Front-running and data leakage mechanisms help ensure that all parties have an equal opportunity. #dusk $DUSK @Cellula Re-poster
