#dusk
Many times, when people talk about public chains, they instinctively compare:
Is the TPS high? 🚀? Is the ecosystem large? 🌐?
But I feel that @Dusk is not on this track at all; it focuses on a more fundamental and realistic issue:
Who should see the on-chain information? And how much of it should be visible?
Real finance is not "visible to everyone"👀
In a real financial system, information is naturally layered.
Investors see parts related to themselves.
Institutions hold complete ledgers.
Regulators and auditors have verification rights when rules are triggered.
This structure is not a flaw but a prerequisite for the financial system to operate.
However, most public chains default to "completely open," which is very efficient in an open experimental environment but difficult to directly support institutional-level asset activities.
Dusk tries to fill this structural gap 🧩
Dusk does not attempt to solve problems with faster speeds or a more bustling ecosystem; rather, it thinks in reverse:
If the data itself needs to be protected, how should the chain be designed?
The path it chooses is:
Information is not exposed by default 🔒
But under permissible rules, it can be verified and audited ✅
In other words, it is not about "whether it can be seen" but "under what conditions it can be seen."
Once the scenario changes, the difference is very obvious 🏦
Once entering scenarios like securities assets, qualified investor identity, institutional holdings, etc.:
Full disclosure ❌ is unrealistic
Complete opacity ❌ is non-compliant
What is truly needed is a state:
Data is protected, but its authenticity can be proven.
Dusk directly writes this into the network structure rather than leaving it to the application layer to piece together rules temporarily, which is very crucial.
What it solves is not the heat but the rules 📜
So I tend to see $DUSK
as an experiment in "financial information structure."
It is not in a hurry to chase on-chain activity nor relies on traffic narratives to prove its value; instead, it focuses on a less conspicuous but extremely difficult-to-avoid issue:
👉 Rules, how to be continuously and reliably enforced on-chain.
This path is indeed not noisy, but if on-chain finance really wants to move towards the real world,
this capability will inevitably become a necessity.