Dusk Network sits in an awkward but necessary middle ground: regulated finance needs rules, while decentralized markets need open access. Dusk’s protocol tries to reconcile that by keeping day-to-day activity private with zero-knowledge proofs, yet still letting issuers enforce disclosure, KYC/AML, and reporting requirements when they actually matter. It also pushes a concrete “market plumbing” idea through its Confidential Security Contract standard (XSC), aimed at issuing and managing tokenized securities without putting every detail on display. This feels more relevant now because mainnet isn’t hypothetical anymore—and as real-world assets and compliant tokenization move from pilots to operations, privacy plus enforceable rules stops being optional.