Kevinzhao

Recently, @Dusk and the Dutch licensed exchange NPEX officially joined hands, announcing the creation of the "first blockchain-based securities exchange in Europe". Sounds a bit significant, doesn’t it? It’s a real attempt to move traditional financial infrastructure onto the blockchain.

Dusk's core advantage lies in its use of zero-knowledge proofs to achieve enterprise-grade privacy while meeting regulatory requirements. This means that financial institutions can enjoy the benefits of fast on-chain settlement, low costs, and strong automation without sacrificing data security. NPEX, as a regulated Multilateral Trading Facility (MTF), choosing Dusk over Ethereum or other public chains indicates that this technology truly addresses the pain points of traditional finance.

However, don’t just applaud; the shortcomings are also very apparent: everything is still at the protocol level, and the actual asset on-chain, trading volume, and user participation are still unknowns. Furthermore, no matter how advanced the technology, the "slow efforts" of regulatory approval, market education, and liquidity building ultimately determine whether the project can survive.

That said, in the RWA (Real World Assets) sector, most projects are still pleading with institutions to "please issue something on our chain," while Dusk has directly become the provider of the underlying infrastructure for exchanges. The landscape and strategy are indeed different. If this path proves successful, it might really open the door for trillions of dollars in traditional assets to enter DeFi. Now, it’s just a matter of how they transform the blueprint into everyday trading.
#dusk $DUSK

@Plasma officially integrates NEAR Intents, this operation directly amplifies Plasma's core competitiveness. Plasma itself focuses on being a stablecoin underlying public chain, with USDT zero-fee transfers and sub-second confirmations, which have accurately pinpointed the core pain points of users.

For example, if you have USDT0 on Plasma and want to exchange it for USDC on the Solana chain, you would have to first transfer USDT0 out of Plasma, find a third-party cross-chain bridge to connect, and then go to a DEX to complete the exchange. The steps are cumbersome, and transaction fees can accumulate, sometimes leading to delays in receiving funds even after waiting for half a day. But now, with a one-click operation, the exchange can be completed directly, and funds can arrive in just a few seconds, saving over half of the transaction fees. Even newcomers can easily get started. Plasma's hard strength is the reason I've always been optimistic about it. It has the backing of Bitcoin anchoring, ensuring high security, and it supports using USDT to pay gas fees, eliminating the need to purchase native tokens, which is very user-friendly.

Objectively speaking, there are some shortcomings, as it has only recently completed integration and the support for niche public chains is still not comprehensive. For instance, some stablecoins from less popular public chains cannot currently be exchanged, and there is a slight centralization issue in the initial phase, with the team operating and validating nodes. However, these are normal phenomena in the early stages of development, and Plasma has been advancing the process of decentralization, which will surely be gradually improved in the future.

Overall, this integration is a solid strong partnership, NEAR Intents complements Plasma's cross-chain shortcomings, and Plasma maintains its core advantages in the stablecoin field. In the bear market, focusing on refining infrastructure and addressing user pain points makes Plasma worthy of everyone's attention. #plasma $XPL

@Walrus 🦭/acc can reduce the cost of decentralized storage, the key lies in its ability to 'smartly utilize idle resources.' Unlike traditional cloud storage, Walrus does not build its own data centers but aggregates idle hard drive space voluntarily contributed by users worldwide, somewhat like Airbnb turning vacant rooms into hotels, but here it transforms the unused 1TB hard drive in your computer into part of a storage network.

It has three core advantages: first, low cost. Since there are no expenses for data centers, electricity, or maintenance, the price is naturally much cheaper than centralized solutions; second, clever data redundancy. Walrus uses erasure coding to slice and encrypt files, distributing them across multiple nodes, so even if a few nodes go offline, the data can still be completely restored; third, fast reading. It introduces a 'cache layer' mechanism, where popular content is automatically cached on nodes closer to users, avoiding the need to piece together fragments from around the world every time.

However, the shortcomings are quite real, primarily the reliability depends on community participation. If there are too few nodes in a certain region, the recovery of less popular data may slow down; secondly, the current ecosystem tools are not mature enough, requiring additional development to integrate with existing applications; finally, although encryption ensures privacy, ordinary users have inherent concerns about 'my files scattered on strangers' hard drives.'

In summary, Walrus is not perfect, but it provides a new option worth trying for projects willing to find a balance between cost, speed, and controllability. It is particularly suitable for scenarios like static content distribution and backup archiving. Whether it can outperform the giants in the future depends on the scale of the community and the speed of engineering iterations.
#walrus $WAL

今天2月6日周五，有一个空投RNBW，融资1950W，凌晨1点241分11627份已经空投完了😂

今天11点钱包上线Opinion Booster活动，扣5分。Opinion很多地区限制访问，测了一下日本的IP可以。#alpha

Bitcoin has fallen for the first time below $70,000 since November 2024. The market performance of Bitcoin shows a pattern, with each subsequent bear market's drawdown gradually converging (from -87% to -84%, then to -77%). As the market matures, Bitcoin's volatility is on a downward trend, but where is the bottom this time?

The agreement @Dusk has made new progress, with its Hedger Alpha officially launching on the DuskEVM testnet, focusing on confidential transactions that can hide your balance and transaction amounts, marking a key landing in the privacy payment sector. Dusk relies on the Hedger mechanism using zero-knowledge proofs and homomorphic encryption technology to keep ordinary users' transactions completely private, while allowing authorized auditing parties to verify legality, perfectly adapting to institutional-level financial scenarios. Moreover, DuskEVM is compatible with the Ethereum ecosystem, enabling developers to migrate projects at zero cost without learning new technologies, significantly lowering the barriers to ecological expansion.

Additionally, Dusk has a solid technical foundation, employing a proprietary Byzantine consensus mechanism, allowing validators to reach consensus without exposing transaction details. Coupled with secure tunnel switching technology, it balances transaction speed and privacy security. Currently, it is also collaborating with licensed exchanges to launch tokenized securities worth over 300 million euros, showing much stronger practicality than many purely conceptual privacy projects.

However, there are shortcomings to be objectively stated. The competition in the privacy public chain sector is intense, and breakthroughs rely on more practical landing cases. At the same time, while the balance between privacy and compliance is good, the ever-changing global regulatory policies may also become uncertain factors for future development.

In the crypto world, privacy has never been better the more concealed it is, but rather finding a balance between protecting user rights and adapting to industry rules. Dusk is slowly exploring this path, using technology to break down the barriers between privacy and compliance. Perhaps it is not the most dazzling one yet, but every solid step taken is paving the way for the future of privacy in crypto payments, and we look forward to it delivering a more impressive answer during the mainnet phase.
#dusk $DUSK

In Web3, we are always looking for that "just right" balance: needing privacy while wanting compliance; needing decentralization while hoping to keep costs low and performance smooth. I found that @Walrus 🦭/acc is a protocol quietly making strides in this direction.

It runs on Sui and focuses on one thing: making data truly belong to users while allowing developers to use it safely. For example, if you want users to upload encrypted credentials, such as KYC hashes or NFT metadata, but you don't want to put sensitive information on-chain, Walrus only writes the file hashes and access policies to the chain, with the original data securely stored by decentralized nodes. It's cheap, fast, and supports projects using a "subsidy pool" to cover Gas fees, allowing users to operate without feeling it, creating an experience close to Web2. Even better, Walrus's storage objects can be directly embedded in NFT, DAO proposals, or other contracts on Sui, achieving true composability. Data is no longer an island but a programmable asset.

Of course, it also has its shortcomings; the ecosystem is still early, and the tools are not as mature as Arweave. If best practices are not followed, such as batch operations and pre-allocating space calls, Gas costs can still accumulate. However, the team is very pragmatic, the documentation is clear, and the optimization paths are defined.

Walrus does not just shout slogans; it quietly solves a real problem: how to make decentralized storage usable, controllable, and sustainable without sacrificing privacy and sovereignty. If you need an application that balances privacy, compliance, and cost efficiency, you might want to take a look at Walrus; it could be the missing "piece of the puzzle" for you. #walrus $WAL

@Plasma announced the integration of NEAR Intents, which has quietly stirred some ripples in the community. Simply put, Plasma, a project focused on modular execution layers, can now handle user requests more intelligently through NEAR's intent layer (Intents). You no longer need to specify every single operation in detail; just express 'what you want to do,' and the system will automatically find the optimal path to execute.

The benefits are obvious; the user experience is much smoother. Previously, cross-chain operations felt like finding an exit in a maze, but now it’s more like telling the navigation system 'I want to go to the city center,' and leaving the rest to the system. It is also developer-friendly, as there’s no need to write a bunch of adaptation logic for different chains; Plasma + NEAR Intents can automatically match, route, and execute, making it both worry-free and efficient.

However, we must calmly examine the potential issues. The intent system relies on a healthy incentive and solver ecosystem. If there are few participants initially, responses may be slow or paths may not be optimal. Additionally, the higher the level of abstraction, the harder it becomes to debug and troubleshoot errors; this sense of a black box may cause some users to hesitate.

But overall, this is a direction worth looking forward to. Plasma itself is lightweight and flexible, combined with the intelligent scheduling of NEAR Intents, it’s like equipping modular blockchains with autopilot capabilities. It does not pursue being big and comprehensive, but rather enables complex tasks to be handled quietly in the background, allowing users to simply express their intentions and leave the rest to the protocol. Technology should not be a barrier, but an invisible bridge. When one day we no longer worry about gas fees, chain IDs, or bridge confirmation counts, that may just be the beginning of Web3 truly entering our daily lives. And Plasma is quietly paving that road.
#plasma $XPL

👉Today is Thursday, February 5th, with no airdrop announcements or surprises
👉Tomorrow, Friday at 11 AM, the Opinion Booster event will launch in the wallet, costing 5 points. Opinion is restricted in many regions, but I tested a Japanese IP and it works
🤡Yesterday, WARD was claimed for the first time at a sale of 28, now it's under 20... the familiar feeling is back. The recent market is poor, liquidity is low, so taking profits as soon as you can is likely the best choice.
😂Every day I am dangerously pushing the limits, I recommend a small investment of 400/500 to brush WMTX. OWL has been continuously falling, on-chain liquidity has dropped from 900,000 to 450,000, and there are 9 days left for the 4x, a small squeeze could happen at any moment. #ALPHA

Recently, the premium of QD US stock funds has dropped significantly. Those who want to invest regularly can observe and see. #美国伊朗对峙

Recently, @Plasma announced the integration of NEAR Intents, which has been quite a topic in the community. Simply put, it means integrating NEAR's intent layer capabilities into Plasma's modular framework, allowing developers to define 'what I want to do' more flexibly without worrying about how it will be executed at the underlying level.

The benefits of this are primarily that the user experience will be smoother. For example, if you just want to 'buy ETH at a low price', you don’t need to compare prices, switch chains, or perform manual operations; the system automatically finds the optimal path for you. This kind of 'human language' interaction is a key step for Web3 to reach the masses. Secondly, Plasma itself focuses on being lightweight and composable, and with NEAR Intents' intent-oriented architecture, it’s like installing 'autopilot' on a modular blockchain. It doesn’t replace the driver, but makes driving easier.

However, there are also many shortcomings. Currently, the Intents ecosystem is still in its early stages, and the infrastructure, such as solvers and reputation mechanisms, are not yet mature. If multiple solvers compete to execute the same intent, could it trigger a new variant of MEV? Additionally, while Plasma is lightweight, its security model relies on the main chain and validator design. If the integration is not tight enough, it may introduce new trust assumptions, which would go against the original intention of decentralization.

Ultimately, technological integration has never been as simple as playing with Legos. The attempt of Plasma×NEAR Intents deserves applause, as it points towards a more user-friendly on-chain future, where users are no longer tormented by Gas fees, cross-chain bridges, or confirmation times, but instead focus on 'what do I want'. Of course, there's still a long way to go; bugs won’t disappear on their own, and trust cannot be built on slogans. But at least it has gently pushed in the direction of making blockchain 'understand human language'. #plasma $XPL

We have seen a lot of "conceptual implementations" in the crypto space, but it wasn't until the collaboration between @Dusk and the Dutch licensed exchange NPEX that I truly felt the tangible impact of blockchain empowering traditional finance. Together, they launched Europe's first blockchain-driven securities exchange, enabling the issuance, trading, and tokenization of regulated financial products (bonds, private equity, etc.), which is a project that can genuinely be implemented.

Dusk's core idea is quite unique, and the CEO's analogy is very vivid: most RWA projects are looking for a "bookshelf" to stuff assets, while it has directly built a "bookstore framework," allowing licensed institutions like NPEX to use it as underlying technology. The advantages are very practical: previously, traditional financial settlements would take several days, going through multiple intermediaries, which was expensive and carried counterparty risks. Now, with Dusk's on-chain settlement in seconds, it eliminates intermediate costs; zero-knowledge encryption technology also addresses the urgent needs of finance, where transaction privacy can only be checked for compliance by regulators, protecting investor strategies while meeting compliance requirements.

Of course, there are challenges to face: adjustments in EU financial regulations may bring compliance adaptation pressure, and some traditional institutions still have a cognitive threshold regarding blockchain, so promotion will take time.

What the crypto space lacks is not flashy technology, but scenarios that solve real problems. Dusk focuses on the pain points of traditional finance—"slow, expensive, difficult to protect privacy, and troublesome compliance"—and binds itself with licensed institutions, allowing blockchain technology to fit into a compliant "safety framework." Projects that can gain the regulator's approval and help users save costs while increasing efficiency are destined to be more stable in a volatile market, and they provide the most concrete footnote for RWA implementation, which I will continue to pay attention to. #dusk $DUSK