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In the world of cryptocurrency things are changing fast. There is a problem that a lot of cryptocurrency projects do not want to talk about: Regulation of cryptocurrency. This issue of cryptocurrency regulation is something that people, in the cryptocurrency world cannot ignore.
For a time the crypto world was all about doing things quickly and taking risks it was about being outside of the regular banking system.. Now that big companies and real things, like houses and cars are being put on the crypto chain, the idea of doing whatever you want is running into the rules that govern money all around the world. The crypto way of doing things is hitting a wall the wall is made of rules that everyone has to follow the crypto world is not a west anymore.
This is a problem for the people who design blockchain systems. How do you make a blockchain system that's private enough to keep user data safe but also transparent enough to make the regulators happy?. It is even more difficult to build a blockchain system now that will not be, against the law later when the laws change. The blockchain architects have to think about this a lot because the laws are always changing. It is hard to know what will be allowed tomorrow.
Most blockchains are really inflexible. If the government comes out with a new rule blockchains have to make huge changes, which can be very unpopular to follow the rule or they might have to stop operating altogether. This is of like having a house made completely out of stone. If the city decides to change its building rules you have to tear down parts of your house just to make a small change like moving a window. Blockchains are, like that house they are hard to change. That can be a big problem.
Dusk is doing things differently. They figured out that when everything is changing all the time what really matters is not just being fast or safe. It is being able to adapt. Dusk understands that adaptability is really important.

The Lego Block Approach to Finance
Dusk has adopted what they call a Modular Technical Architecture. This Modular Technical Architecture is something that Dusk is using. The Modular Technical Architecture that Dusk has adopted is a way of doing things.
Think about Dusk as a house made of Lego blocks. Each Lego block does a thing. If something about that thing changes you do not have to tear down the house. You just take out the Lego block and put in a new one that does the new thing that Dusk needs. Dusk is like a house with Lego blocks and each block is important, for Dusk. If Dusk needs something you can just change the Lego block that needs to be changed and Dusk will still be a strong house.
This is really important because the rules about money are not the same in the world. What is okay in the European Union is probably not okay, in Asia or the United States. A big blockchain that tries to do everything the way just cannot handle all these different rules without falling apart. The European Union has its rules and Asia has its own rules and the United States has its own rules. A blockchain needs to be able to deal with all these financial regulations or it will not work. The blockchain has to be able to handle the rules of the European Union and the rules of Asia and the rules of the United States.
The Magic Trick: Separating Secrets from Proofs
What really stands out about Dusk is its design. The best part of Dusks design is the way it deals with a big problem, in crypto: privacy and being able to audit things. Dusk handles this problem, which's a big paradox really well. The paradox is that people want privacy. They also want to be able to audit or check things. Dusks modular design finds a way to balance these two things, privacy and auditability of crypto.
These two things do not usually get along. When we have privacy it means that the people who make sure everyone is following the rules cannot see what is going on and that is bad because companies have to follow a lot of rules. On the hand when we have total auditability it means that everyone can see everything and that is bad for the privacy of the users and for the secrets that businesses want to keep. Total privacy and total auditability are like two things. Total privacy is bad for compliance and total auditability is bad, for user privacy and business secrets.
Dusk solves this problem by taking these functions and putting them into different layers. This is done within the Dusk stack. The Dusk modular stack is where the Dusk people put the layers of Dusk. This way Dusk can work better.
The Privacy Layer: This is where the users actual information is stored, like how much money was sent, who sent the money and who got the money. The Privacy Layer uses codes, called Zero-Knowledge Proofs to keep these details completely secret, from everyone else.The Auditability Layer, which is also known as the Compliance Layer is the part that deals with the world and people who make sure we are doing things correctly like government regulators and such. The Compliance Layer or the Auditability Layer is really important because it helps us show that we are following all the rules.

Here is the human analogy, for how the systems work :
So you are going into a secure building. This building has rules. You have to be least 21 years old and a citizen of a specific country.
In the way of doing things you would give your entire passport to the security guard. He would look at everything in your passport. He would see your birthdate, your home address and your passport photo, which might not be the flattering picture of you.
This way of doing things is really bad for your privacy. The security guard gets to see all of your information. The old system is, like having zero privacy when you enter the high-security building. You are giving the security guard all of your details from your passport.
In Dusks system they have something called a Zero-Knowledge Proof. This is, like a tool that checks things for you. Imagine you have a scanner. You take your passport. You scan it with this scanner. The scanner then shows a light to the guard. This green light means that everything is okay it means your passport meets all the requirements. The guard just sees that the passport meets the requirements that is all they need to know.
The person in charge the guard is like a regulator. They get to see the record of what you did which's like a green light that shows you did everything correctly.. The guard does not get to see the information in your passport, which is private and just, for you your private data. The guard only sees that you followed the rules, not your passport details, your private data.
Future-Proofing by Design
Dusk does something cool by keeping the proof that a rule was followed separate from the information about the transaction. This is a deal because it is about the Dusk system and how Dusk works with the rules and the data, for the transactions that Dusk handles. Dusk is able to do this with the Dusk technology. It is a key part of what makes Dusk special.
If tomorrow a government decides that the rules for that " light" need to change the people who made Dusk do not need to touch the sensitive privacy layer of Dusk. They just need to update the part of Dusk that deals with following the rules. It is like swapping out one Lego brick for another. So that it follows the rules, for the "green light". The private data that Dusk has remains completely secure and is not touched all.
This modular architecture means Dusk isn't just built for the regulations of 2024. It’s built to survive the unknown regulations of 2030 and beyond. It allows financial institutions to finally get comfortable with blockchain, knowing they won’t be left with obsolete technology the moment the political winds shift.
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