DUSK
@Dusk
Dusk Network projesinin kurucuları kimlerdir?
Dusk Network, 2018’in ilk aylarında, platformun gizlilik altyapısını oluşturmak için bir araya gelen teknoloji uzmanları Emanuele Francioni ve Fulvio Venturelli ile iş uzmanları Jelle Pol, Pascal Putman ve Mels Dees tarafından kuruldu.
Ancak bu isimler arasında en önemlisi Emanuele Francioni, Dusk Network blok zincirinin ve blok zincirin fikir birliği mekanizması olan Ayrılmış Bizans Antlaşması’nın mucididir. Francioni, aynı zamanda Dusk Network whitepaperının yazarlarındandır. Ar-Ge, teknoloji ve yazılım geliştirme, kriptografi gibi alanlarda 20 senelik deneyime sahip olan Francioni, Commerzbank’te de çalışmıştır.
#dusk
Understanding the importance of anonymity, researchers began working on tech- niques to convert Bitcoin into an anonymity-preserving protocol. The initial idea was to utilize mixers, trusted services which combine the inputs and outputs of multiple users into a single transaction. The downsides of the service was the reliance on trust as well as the lack of obfuscation of the amounts involved. The initial surge of interest in anonymity-preserving digital currencies was followed by the publications of [Ben+14a; Sab13; Hop+21; Max15; NMM16; Poe16; Fau+18; Jiv19; Bun+19], which took differing approaches to the problem with differing outcomes. The resulting rise of interest, has seen multiple projects, such as Monero and Zcash, rise in popularity with anonymity preservation be- ing the main selling point of the aforementioned protocols.
Additionally, the inquiry into the expansion of the smart contract functionality has begun since the introduction of Bitcoin. Originally proposed in [Sza96] and expanded upon in [Sza97], smart contracts represent a set of codified rules auto- matically encforced without the need for trusted intermediaries. While Bitcoin’s Script language is capable of facilitating limited smart contract functionality, it is not Turing complete and is unable to facilite arbitrary computations with- out off-chain solutions such as [Ler19]. The idea of expanding Bitcoin’s limited scripting functionality was originally proposed by [But13], later to be formalized as [Woo21]. Ethereum includes a custom-designed Turing complete Virual Ma- chine called Ethereum Virtual Machine (EVM), which supports [Eth21], [Tea19] as well as other programming languages and is currently considered to be the default virtual machine standard for blockchain-related applications.
In this paper we present Dusk Network, a blockchain-based distributed ledger protocol secured via a novel Proof-of-Stake-based consensus mechanism, en- abling permission-less participation in the process of state transition execution, validation and addition to the global state while simultaneously providing strong finality guarantees for the said state transitions. The protocol is built to pre- serve privacy when transacting with the native protocol asset called DUSK and with native support of zero-knowledge proof-related primitives on the gener- alized compute layer. Dusk Network protocol is conceptually split into two non-overlapping layers: native protocol asset and general compute layer. Though both share the same state space, DUSK can be conceptualized as a separate layer due to the numerous privileges the asset retains within the Dusk Network protocol, such as being a sole asset permitted to be utilized for staking and for computational cost reimbursement for transaction execution costs as well as the contract accommodating DUSK-related logic, eponymously called DUSK Contract, being the singular entry point to state transition initia- tion. [Mah20] expands on the token economics of DUSK and the Dusk Network protocol economic model as a whole.
#dusk #MarketRebound #BTC100kNext? #BTCVSGOLD #writetoearn
$DUSK
{spot}(DUSKUSDT)
Dusk Network projesinin kurucuları kimlerdir?
Dusk Network, 2018’in ilk aylarında, platformun gizlilik altyapısını oluşturmak için bir araya gelen teknoloji uzmanları Emanuele Francioni ve Fulvio Venturelli ile iş uzmanları Jelle Pol, Pascal Putman ve Mels Dees tarafından kuruldu.
Ancak bu isimler arasında en önemlisi Emanuele Francioni, Dusk Network blok zincirinin ve blok zincirin fikir birliği mekanizması olan Ayrılmış Bizans Antlaşması’nın mucididir. Francioni, aynı zamanda Dusk Network whitepaperının yazarlarındandır. Ar-Ge, teknoloji ve yazılım geliştirme, kriptografi gibi alanlarda 20 senelik deneyime sahip olan Francioni, Commerzbank’te de çalışmıştır.
#dusk
Understanding the importance of anonymity, researchers began working on tech- niques to convert Bitcoin into an anonymity-preserving protocol. The initial idea was to utilize mixers, trusted services which combine the inputs and outputs of multiple users into a single transaction. The downsides of the service was the reliance on trust as well as the lack of obfuscation of the amounts involved. The initial surge of interest in anonymity-preserving digital currencies was followed by the publications of [Ben+14a; Sab13; Hop+21; Max15; NMM16; Poe16; Fau+18; Jiv19; Bun+19], which took differing approaches to the problem with differing outcomes. The resulting rise of interest, has seen multiple projects, such as Monero and Zcash, rise in popularity with anonymity preservation be- ing the main selling point of the aforementioned protocols.
Additionally, the inquiry into the expansion of the smart contract functionality has begun since the introduction of Bitcoin. Originally proposed in [Sza96] and expanded upon in [Sza97], smart contracts represent a set of codified rules auto- matically encforced without the need for trusted intermediaries. While Bitcoin’s Script language is capable of facilitating limited smart contract functionality, it is not Turing complete and is unable to facilite arbitrary computations with- out off-chain solutions such as [Ler19]. The idea of expanding Bitcoin’s limited scripting functionality was originally proposed by [But13], later to be formalized as [Woo21]. Ethereum includes a custom-designed Turing complete Virual Ma- chine called Ethereum Virtual Machine (EVM), which supports [Eth21], [Tea19] as well as other programming languages and is currently considered to be the default virtual machine standard for blockchain-related applications.
In this paper we present Dusk Network, a blockchain-based distributed ledger protocol secured via a novel Proof-of-Stake-based consensus mechanism, en- abling permission-less participation in the process of state transition execution, validation and addition to the global state while simultaneously providing strong finality guarantees for the said state transitions. The protocol is built to pre- serve privacy when transacting with the native protocol asset called DUSK and with native support of zero-knowledge proof-related primitives on the gener- alized compute layer. Dusk Network protocol is conceptually split into two non-overlapping layers: native protocol asset and general compute layer. Though both share the same state space, DUSK can be conceptualized as a separate layer due to the numerous privileges the asset retains within the Dusk Network protocol, such as being a sole asset permitted to be utilized for staking and for computational cost reimbursement for transaction execution costs as well as the contract accommodating DUSK-related logic, eponymously called DUSK Contract, being the singular entry point to state transition initia- tion. [Mah20] expands on the token economics of DUSK and the Dusk Network protocol economic model as a whole.
#dusk #MarketRebound #BTC100kNext? #BTCVSGOLD #writetoearn
$DUSK
{spot}(DUSKUSDT)
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DUSK
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