DUSK Network (DUSK) is a privacy blockchain used primarily to build digital financial applications with the aim of making transactions automated, while maintaining privacy and auditability. of each user.
This network combines a custom built consensus mechanism and cryptography to provide the highest level of security. The goal of DUSK Network is to digitize financial markets and create a platform that eliminates the middlemen in traditional models.
Dusk Network promises to become a blockchain protocol for easy deployment of Zero-Knowledge dApps and become the backbone of the global dApp ecosystem.
Dusk Network was created to apply to 3 main use cases: payments, digital asset transfer and P2P transactions.
One of the main tasks of this network is:
The developers on Dusk Network can implement a system that allows the user to remain anonymous when transferring files, but at the same time that person has to go through the registration procedure in the system and take full responsibility for the contents of the files.To protect privacy, Dusk Network will provide anonymous addresses, anonymous transactions and specific encryption of IP addresses.
Rusk allows developers to program Smart Contracts, power dApps, and set parameters for compliance and easy control.
This virtual machine system is completely based on Zero Knowledge Cryptography and is also the world's first Zero Knowledge - Virtual Machine (ZK-VM) application.
With Zero Knowledge – PLONK, businesses can transact safely and with strict confidentiality.
Dusk Network uses Kelvin to speed up storage of immutable data. Kelvin is an exceptionally fast and unique Merkle Tree toolkit for optimized data structure modeling.
Dusk Network works on the Proof of Blind Bid consensus mechanism. This algorithm is an upgraded version of Proof of Stake that can provide maximum network security due to dual node structure: Block Generators and Provisioners (Block Generators and Providers).
Businesses will use DUSK tokens to pay for network services, such as deploying and running Smart Contracts, and transferring security tokens based on DUSK or XSC.
For each transaction sent to the network, DUSK is used to reward network nodes for bandwidth, verification, and storage.
For more detailed information about the roadmap, please visit this link.
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We found 7 organizations related to Dusk Network has Dusk Network, Bittrex Global, Binance, Infloat, Bitfinex, Litebit, ETHFINEX
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