Hello, dear readers, I am Uncle Yanbi.
Today is February 1, 2026, and this month's opening is nothing short of brutal. In the past few hours, Bitcoin has dramatically fallen below the $80,000 mark, with astonishing liquidation across the entire network. While most retail investors are panic-stricken, focused on the candlestick charts, what I observe is a different scene: the real 'old money' funds are conducting a deep review of the system and technology.
The Ondo Summit in New York is set to take place the day after tomorrow (2/3), with Wall Street giants coming together. However, before this party begins, today's massive market wash provides us with an extreme observational perspective—when market liquidity dries up and panic spreads, whose technical framework can catch these startled trillion-level assets?
I. Privacy is Security: Why is PLONK a necessity in extreme market conditions?
The uncle often says that what the financial circle fears most is not losses, but 'having the bottom cards exposed'. On this liquidation day, many Ethereum-based L2 or US RWA projects (like $ONDO) encounter an awkward technical bottleneck: a fully transparent ledger.
When institutions are conducting large-scale rebalancing or facing liquidation risks, a fully transparent ledger means your counterparties (like those bloodthirsty quantitative robots) can accurately predict your liquidation price and liquidity position. This is why the uncle advocates for @Dusk PLONK zero-knowledge proof technology.
At the bottom layer of Dusk's Piecrust virtual machine, all transaction proofs are processed through ZK. This means that when institutions settle billions of dollars in assets, they can satisfy anti-money laundering (AML) 'compliance proof' while also practicing 'position obfuscation'. In a market crash, this technology effectively prevents 'sniping liquidation', which is the technical armor that top institutions truly value.
II. Citadel Protocol: The ultimate balance of identity verification and data sovereignty.
Speaking of RWA, the biggest headache for everyone is KYC (Know Your Customer). Today, the market is undergoing a massive washout, and many exchanges are busy handling compliance reviews. In traditional processes, your personal data circulates among various intermediaries, posing a high risk.
The uncle has deeply studied Dusk's Citadel Protocol, and the biggest difference between this identity protocol and general projects is its 'self-sovereignty'.
* Zero-Knowledge Authorization: It utilizes ZK technology to generate an encrypted identity proof. You prove to the blockchain that 'I am an accredited investor' without needing to disclose your passport number or specific assets.
* Seamless Compliance: When you are ready to buy a tokenized stock like IKEA, this protocol automatically completes the verification in the background, without repeatedly popping up scanning windows like other chains. In February, with the tightening pace of regulation, this technology, which preserves individual sovereignty while enabling rapid settlement, is the only ticket for RWA to enter the mainstream market.
III. $EURQ and Physical Settlement: Looking at 'Settlement Certainty' through 300 million euros.
Finally, let's talk about money. The stablecoin market is experiencing extreme volatility today, and the decoupling risk of USDT/USDC is often raised during crashes. The $EURQ (an electronic currency token compliant with EU MiCA regulations) mentioned by the uncle holds value because it has 'legal redemption rights'.
Dusk and the Netherlands NPEX exchange are interfacing with 300 million euros of physical securities, currently undergoing a pressure test for on-chain settlement through DuskTrade.
This is not a performance; it is a real 'two-way synchronization of funds and ownership'. When you buy an asset on the Dusk chain, it is settled with legally recognized euro tokens, and the settlement time is compressed to nearly instant. This 'settlement certainty' is more powerful than any slogan in today's turbulent times.
Uncle's perspective:
In 2026, we no longer gamble on luck; we bet on 'technical details'.
Bitcoin has fallen below 80,000 dollars, washing away leverage and restlessness. What remains are infrastructures like $DUSK that provide privacy protection, native compliance, and have real settlement capabilities.
The summit in Manhattan the day after tomorrow, the uncle will continue to keep an eye on everyone. But remember: Wall Street is talking about the future, while Dusk is already defining the underlying code of the future.
$DUSK #dusk #RWA #Citadel #MiCA
