Dusk Network has created a unique structure that enables businesses of all sizes to collaborate at the required scale, meet compliance requirements, and ensure the privacy of personal and transaction data.
Dusk Network stands out particularly for the privacy advantages it offers. These advantages are enabled by an innovative smart contract called the Confidential Security Contract (XSC). XSC allows users to create, store, and trade digital assets while respecting legal privacy and data protection standards.
Dusk Network also has its own unique consensus mechanism, known as the Segregated Byzantine Agreement (SBA).
Unlike well-known consensus mechanisms such as Proof-of-Work (Proof of Work - PoW) and Proof-of-Stake (Proof of Stake - PoS), the Segregated Byzantine Agreement (SBA) provides significant benefits to the Dusk Network project's goals. For example, SBA offers instant finality. This means there is no waiting time for block confirmations on the Dusk Network blockchain, resulting in a high level of compatibility for digital asset creation.
The internally developed Segregated Byzantine Agreement (SBA) is a consensus mechanism perfectly suited to Dusk Network's mission, thanks to its unique features.