DUSK's Solution: "Selective Privacy"
DUSK built something called Phoenix 2.0 - their privacy protocol. Think of it as having financial privacy by default, but with an "audit button" for regulators.
Here's how it works:@Dusk
Zero-Knowledge Proofs (The Magic Sauce)
Okay, ZKPs sound complicated but the concept is simple:
Normal Transaction:
"Hey blockchain, I'm sending 100 DUSK from Alice to Bob. Here's proof I have the money."
Everyone can see this forever
Zero-Knowledge Transaction:
"Hey blockchain, I'm sending DUSK to someone. I have proof I own these coins, but I'm not telling you how much or who it's going to."
The blockchain verifies it's legit WITHOUT seeing the details
It's like proving you have $1 million in the bank without showing your bank statement. The math checks out, but the data stays private.
How DUSK Does Privacy Different Than Others
Let's compare to other "privacy coins":
Monero/Zcash:
100% private, 100% of the time
Regulators HATE them
Exchanges are delisting them
You can't prove compliance even if you want to
0% private, 100% transparent
Institutions won't use it for sensitive stuff
Everyone sees everything
DUSK:
Private by default BUT...
You can grant selective disclosure to specific parties (like regulators)
It's like having encrypted messages where you can give the decryption key to your auditor.#dusk $DUSK
