Dusk Network implements two different models for transaction, named Moonlight and Phoenix, in order to accomplish transparency and privacy in a regulated financial environment. Moonlight has an account-based model, similar to the Ethereum model, in which every single transaction is publicly verifiable to ensure transparency in audit and regulation procedures. On the other hand, the Phoenix model uses an UTXO model augmented with zero-knowledge proofs, in which all the transactions can be made completely anonymous. This two-tier architecture enables the choice of the degree of privacy per use case: transparent settlements for reporting purposes and private transactions for the most critical deal-making activities. Phoenix's use of stealth addresses, note commitments, and nullifiers enables the obscurity of transactions with protection against double-spends, all of which are proven via succinct proofs of ZK. On the other hand, the use of Moonlight enables familiarity and inter-operability with the EvM-based infrastructure. Through bringing together both aspects, Dusk makes a malleable and informed blockchain that does not require an individual to choose between transparency and privacy. This is an essential element in integrating it within TradFi. #dusk $DUSK @Dusk
: Atestare Succintă – Consensul de înaltă viteză, cu consum redus de energie, care alimentează Dusk
Algoritmul de consens SA (Atestare Succintă) al Dusk este fără permisiune și bazat pe comisii de Proof of Stake, optimizat pentru throughput ridicat și finalitate rapidă, ceea ce este necesar în aplicațiile financiare. În contrast cu Proof of Work tradițional, SA elimină mineritul consumator de energie, reducând costurile pentru mediu cu peste 99% în comparație cu sisteme precum Bitcoin. Rundele SACompletion și iterațiile cu selecția provizonerilor (stakerilor) pentru propunerea și validarea blocurilor prin Sortition Determinist. Fiecare rundă constă în etapele de propunere, validare și ratificare care asigură consensul în secunde. Procesul de propunere include, de asemenea, finalitatea rotativă, asigurând o minimizare a iterațiilor și a calculului, precum și securizarea lanțului împotriva ramificărilor.
#dusk$DUSK ⚡ @dusknetwork's Piecrust VM has integrated host functionality for the verification of ZK proofs, sig checks & hashes, thus bypassing the WASM overhead. This significantly enhances performance while keeping the cost of operations low in the case of high TPS.
Zedger Protocol – Tokenizing Real-World Assets with Privacy and Compliance
Zedger is Dusk’s security token and real-world assets (RWAs) issuance and management process in a privacy-preserving and regulator-compliant way. Zedger was designed from the ground up for financial compliance purposes and uses zero-knowledge proof to facilitate private transactions but enable authorized auditors to validate legitimacy and ownership. Key functionalities involve minting/burning tokens, performing business actions like dividend and voting, and handling issuer-initiated force transfers, done while preserving the privacy of end-users. All processes can be traced on the blockchain, retaining sensitive information, thus striking a balance between transparency and confidentiality. The contracts developed by Zedger can be accommodated in accordance with the related jurisdiction, so that there is adaptability with regard to jurisdiction. It becomes all the more important when it comes to asset tokenization, for which compliance with the law is not a matter of negotiation. The integration with the Phoenix model and the Piecrust VM of the Dusk model helps in error-free and smooth execution with complex financial products by Zedger. For institutions interested in asset tokenization, Zedger delivers a full solution package, integrating the efficiency of the blockchain with the regulation oversight required—filling the innovation vs. regulation divide. @Dusk #dusk $DUSK
#dusk$DUSK ???? Modele precum modelul tranzacției Phoenix permit transferuri private ale UTXO-urilor prin dovezi zero-knowledge. Nullifierii, notele și adresele stealth facilitează imposibilitatea de a le lega și protecția împotriva dublei cheltuieli fără a dezvălui informații identificabile. @Dusk #ZK
#dusk$DUSK ???? The Kadcast P2P protocol is what propels the Dusk network: Efficient and low-bandwidth, and not to be outdone, Kadcast P2P cuts the number of stale blocks by 10-30% compared to a traditional gossip model, which would be beneficial @Dusk 😇🤑
#dusk $DUSK ⚙️ Dusk implements Succinct Attestation Consensus (SA), which is a Proof of Stake consensus algorithm utilizing committee-based voting. SA provides finality in seconds, high transaction rates, and low latency, making it suitable for finance but more energy-efficient than Proof of Work. @Dusk
#dusk $DUSK @Dusk ???? Dusk Network bridges DeFi with TradFi by means of privacy-focused, compliance-ready blockchain. Unique to the network are its dual transaction models, Moonlight for transparent and Phoenix for obfuscated transactions, enabling confidential yet auditable transactions to materialize in regulated financial markets. #DuskNetwork