What @Dusk Is Really Solving to Regulate Finance —Beyond the Privacy Narrative.
When @Dusk is called a privacy blockchain, it lacks the actual issue that the protocol is aimed at resolving. Privacy as such has never been the main veto to controlled finance. The actual issue is that it is difficult to implement financial contracts on-chain without imposing openness on the general population, and still complying and auditing them.
This is where Dusk Foundation stands in a complete contrast to the majority of blockchain infrastructure.
Dusk is constructed upon confidential execution of the protocol level, that is, the logic of transactions and sensitive data is remained secret but correctness and rule enforcement is still ensured on-chain. There is no off-chain or post-processing of compliance. It is imposed in its own right in terms of transaction validity. In case of a rule violation, execution merely does not take place.
This is important with controlled assets, in which it is not a permissible trade-off between programmability and the disclosure of pricing logic, counterparties, or settlement information. Dusk enables on-chain infrastructure so that financial processes do not need to be redesigned to take transparency-first.
It is not abstract privacy that @Dusk is solving. It is the structural incompatibility of the regulated financial reality and public blockchains.
