Thread by @SebastianWols17

🧵-- $DUSK --🧵
🧵 @DuskFoundation 🧵

🧵#Thread about $DUSK and why I think it`s a really great project!

LETS GO!!

@CryptoGirlNova
@PurpleDogecoin
@Autholykos
@JLJMatraszek
@expctchaos

#Crypto #Cryptoinvestor #100x
$FRM $MLT #ETH #BTC #XRP #AZERO #privacymatters #private

What is $DUSK

@DuskFoundation It`s a protocol with a novel Proof of Stake consensus mechanism called Succinct Attestation that achieves immediate transaction finality and is built to preserve privacy through zero-knowledge proofs

Intrigued?
Lets go!

This is a cool video representing the core values of @DuskFoundation

Check it out:

@DuskFoundation is also a technology for securities.

An open source and secure blockchain (DLT) infrastructure for institutions to create instruments and users to harvest and compose them directly for wealth creation

Sounds cool!
Works cool!
Lets go!!

So any traditional blockchains I know don`t have the ability to be used by financial institutions because of the open source transactions to all...

@DuskFoundation can provide them with privacy to keep the ledger confidential, while achieving compliance with auditors through

advanced selective disclosures.

The protocol provides near instant transactions finality, that makes it highly desirable for the institutions and companies.

$DUSK is ZK-Friendly and uses a real VM that is insanely optimized for all ZK. As such it supports all the spectrum of ZK, not only succinct proofs, but also privacy.

@DuskFoundation uses a novel implementation of Proof of Stake called the Succinct Attestation agreement.

Why does $DUSK exist?

As the creator itself said:
"We want users to be able to invest in real world assets without off-ramping their #crypto to fiat"

Pure extending of #crypto adoption to the masses:)

You can also provide a NODE but you have to stake at least 1000 $DUSK to operate it.

Nodes do not directly share in the block rewards but have to be active to get a chance of being selected as a block generator.
So not the standard type:)

$DUSK privacy incorporates:
Phoenix - is a transaction model that allows spending public output (such as gas) privately.

Zedger - a tx model created to comply with all regulatory requirements for security tokenization making it usable by companies/entities.

Rusk VM - provides the first ever Zero-Knowledge-friendly VM implementation.

PLONK - is a ZK proof system.

Dusk’s PLONK implementation is by far the most popular OSS implementation on Github.

Confidential Security Contract XSC - it`s a standard for security tokens privacy.

They also have security tokens standard for security and compliance of security tokens issuance.

Another great features for mass adoption.

That standard provides:
- dividend distribution
- access control
- confidential settlement
- voting
and so on...

So the protocol has a lot of advantages for example:
- Privacy
- Security
- Fast transactions
- Scalability

$DUSK token is a utility token of the network itself.

@DuskFoundation is designed for safety and compliance with global regulation and local regulations.

It utilizes zero-knowledge cryptography and advanced encryption methods that businesses could use.

$DUSK testnet is also incentivised, check the link below if you want to participate:

dusk.network/pages/incentiv…

Road map is so long written that you have to see it for yourself:

dusk.network/pages/roadmap

So they have a lot of uses like:
- Confidential Smart Contracts
- Confidential Security Tokens
- Zero Knowledge Utility Tokens
- Security Token Exchange
- Smart Bulletin Board
- Proxy Voting
- Self-Custody

Team:
Emanuele Francioni
PROJECT & TECH LEAD
@Autholykos

Jelle Pol
BUSINESS LEAD

Fulvio Venturelli
LEAD DEVOPS

Mels Dees
MARKETING LEAD

Pascal Putman
COMMERCIAL LEAD

To name a few... This project has a massive team

Links:
Tweeter: @DuskFoundation
Telegram: t.me/DuskNetwork
Website: dusk.network
Whitepaper: dusk.network/uploads/The_Du…

Tokenomics:
Price: $0,082
Market Cap 34M
Circulating Supply 413,364,409
Total Supply 500,000,000

Help me go where I want to!

I grind hard to be the thread maker of all times
Improving every week!

ALUCARD OUT