A few years after the emergence of Bitcoin, the father of a family who immigrated from Russia to Canada in 2011 told his 17-year-old son about Satoshi's work and Bitcoin. Fascinated by what his father talked about, this young man named Vitalik Buterin suddenly finds himself in this world. Rumor has it that this young man, who has the ability to mentally multiply three-digit numbers at twice the speed of a normal person, showed his talents on the global platform by winning the Bronze medal in the International Information Olympics at the age of 18.
Buterin first makes improvements on Bitcoin and strives to transfer many other functions (such as sending non-monetary assets, creating digital contracts) to this system other than Bitcoin transfer. However, he finds it very difficult in this regard. Buterin has a vision of a world computer that can perform many more transactions than a calculator-like function that keeps the transactions in which money moves from one place to another.
In 2013, Buterin introduced Ethereum with 15 software developer friends. But there is only a concept design yet - it is too early for a product that will make money or receive investment. Just then, Peter Thiel gives them a $100,000 scholarship. They say that getting this scholarship is even harder than getting into the best universities in America.
Awards do not satisfy your stomach, investment is needed
In September 2014, they collected money with an interesting method. They say, "We are collecting money in the first two weeks as 2,000 Ether01 Bitcoin, then this figure will gradually decrease and the last buyers will receive 1,337 Ether=1 Bitcoin." They establish a foundation in Switzerland and sell through this foundation and use the money of that time. They raise $18.5 Million. This means an average of $0.31 for one ether, so it's up to you to calculate the current profits of those who invested.
The system defines large digital files (videos, images, AI models, etc.) as "blobs" and splits these data into pieces using erasure coding, distributing them across different nodes on the network. This ensures high data accessibility, low cost, and resilience against data loss. Walrus's infrastructure enables developers to publish and manage data directly on the blockchain through smart contracts.
WAL token is the native cryptocurrency of the Walrus protocol and serves as the central element of the ecosystem's economic and governance operations. WAL is not just a payment instrument; it is also a versatile tool used for network security, incentive mechanisms, and community participation.
Storage payments: Users pay with WAL tokens to store digital data on the Walrus network. These payments are directed to nodes hosting the data, ensuring the protocol's sustainability. Staking and network security: WAL token holders can support nodes by staking their tokens or run their own nodes. Nodes that operate correctly are rewarded, while malicious behaviors are penalized. Governance: WAL token holders can vote on protocol changes. This governance system allows the community to decide on important matters such as transaction fees, protocol updates, and incentive models. Incentive mechanisms: WAL is used to reward node operators and participants contributing to the protocol. This incentive structure helps maintain the network's activity and stability.
Dusk Network (DUSK) stands out as a blockchain platform offering advanced privacy features. The platform's goal is to protect users' privacy and data security in financial and commercial transactions. While most blockchain networks record transactions in a fully transparent manner, Dusk Network adopts an innovative approach that enables transactions to be kept private. The privacy feature offered by Dusk Network to its users is a major advantage for the business world and financial institutions. For instance, information related to commercial agreements and financial transactions must remain confidential. Dusk Network provides businesses and organizations with a platform where they can securely and privately conduct their transactions and agreements. This enables companies operating in industries with high privacy sensitivity to carry out their operations securely and confidentially.
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.
Don't say 'If only we had bought back then,' but also don't try to measure the depth of the river with both feet. 1 A Norwegian student, back in the early days when Bitcoin first entered the stock market, invested just $27 and ended up with a full 5,000 BTC. Remembering his investment from 2013, Koch had to put in some effort to recall his password, but a pleasant surprise awaited him. The 5,000 Bitcoin he received in 2009 has grown thousands of times over, reaching approximately $900,000 in value. Calculate its current worth!
DUSK Coin plays a significant role in ensuring the network's security and incentivizing network participants. Coin staking, where users lock their coins, enhances network security and encourages more users to contribute to the network. This ensures honest behavior among participants, especially in consensus mechanisms like Segregated Byzantine Agreement (SBA).
Dusk Network is a privacy-focused blockchain platform whose primary goal is to enable users to transact anonymously and securely. Designed for financial applications and services, this platform offers a modern solution to privacy issues faced by current financial systems. Dusk Network is equipped with advanced cryptographic techniques and proprietary protocols, making it suitable for areas such as financial services, identity management, and smart contracts.
The advanced technical infrastructure of Dusk Network enables fast and secure transactions while preserving user identities. This is achieved through the implementation of specialized techniques such as Zero-Knowledge Proofs (Sıfır Bilgi Kanıtı), customized for blockchain-based financial privacy, and unique consensus mechanisms like Segregated Byzantine Agreement (Ayrılmış Bizans Anlaşması).
Governance and Voting Rights DUSK Coin holders have the right to actively participate in the governance processes of the Dusk Network. Coin holders can have a say in voting processes that determine the network's future direction. These votes may concern network protocols, updates, or other important decisions.
Dusk Network is a blockchain network that places privacy at its core. This network enables users to carry out transactions completely anonymously. Privacy is one of the fundamental pillars of Dusk Network and is achieved through various cryptographic techniques and protocols.
Dusk Coin's Technical Infrastructure
Dusk Coin has a sophisticated technical infrastructure. This infrastructure optimizes both transaction speed and security while simultaneously preserving users' privacy. Dusk Network aims to open a new chapter in blockchain technology through its unique protocols and algorithms.
The Dusk Network (DUSK) whitepaper was released in its second version on August 30, 2019, after its initial release in the first quarter of 2018. The DUSK coin whitepaper was authored by Toghrul Maharramov, Emanuele Francioni, Dmitry Khovratovich, and Fulvio Venturelli. According to the DUSK coin whitepaper, "The Dusk Network protocol is a blockchain-based distributed ledger secured by a novel state machine replication algorithm." Dusk Network "allows participation without requiring permission for validating state transitions, while simultaneously providing strong guarantees regarding the correctness of state transitions. The protocol was designed to preserve user anonymity at both the transaction and state layers."
Thanks to its privacy features, Dusk Network can reduce security concerns for businesses and institutions while improving operational efficiency. By using the Dusk Network platform, users and businesses can now have better control over the confidentiality of their transactions. This fosters a safer business environment and enables commercial projects to be carried out more smoothly.
Security and Network Support DUSK Coin plays a significant role in securing the network and incentivizing network participants. Coin staking, where users lock up their coins, enhances network security and encourages more users to contribute to the network. This is especially effective in consensus mechanisms such as Segregated Byzantine Agreement (SBA), ensuring participants act honestly.
Don't say 'If only we had bought back then,' but also don't try to measure the depth of the river with both feet. 1 A Norwegian student, back in the early days when Bitcoin first entered the stock market, invested just $27 and ended up with a full 5,000 BTC. Remembering his investment from 2013, Koch had to put in some effort to recall his password, but a pleasant surprise awaited him. The 5,000 Bitcoin he received in 2009 has grown thousands of times over, reaching approximately $900,000 in value. Calculate its current worth!
What is the Dusk Network (DUSK Coin) project? Founded in 2018 by Emanuele Francioni and headquartered in Amsterdam, Netherlands, Dusk Network defines itself as a blockchain for programmable and private securities, powered by zero-knowledge proofs and a novel consensus protocol based on private PoS leader election.
Operating on the Ethereum and Binance Smart Chain blockchains, Dusk Network is a privacy blockchain for financial applications. It features a Layer 1 (Layer 1) architecture that enables the XSC (Private Security Contract) standard and supports native private smart contracts.
Proof of Work (PoW) vs. Proof of Stake (PoS) Comparison
Unlike traditional Proof of Work (PoW) or Proof of Stake (PoS) mechanisms, Dusk Network adopts a customized consensus mechanism. This allows Dusk Coin to reduce energy consumption while enhancing network security and efficiency.
Dusk Network's Unique Protocols
Dusk Network has specially designed protocols to ensure privacy on the blockchain. These protocols enable users to conduct transactions without revealing their identities. Thus, Dusk Network offers groundbreaking solutions in financial privacy and security.
Psychology is important in cryptocurrency trading.
Zarif Bey
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A superficial overview of cryptocurrency trading.
Cryptocurrency shouldn't be an addiction; it should be your trading. Like stocks, bonds, bills, futures, foreign exchange, gold, etc., cryptocurrencies are also a type of investment. These digital assets serve not only as a solution to certain problems in the digital world and economy but also as an investment vehicle or means of exchange, independent of third parties.
For years, we've been trading in traditional stock markets. Cryptocurrency trading is very similar to traditional stock markets.
Do I even need to explain the difference? I think not.
Cryptocurrency shouldn't be an addiction; it should be your trading. Like stocks, bonds, bills, futures, foreign exchange, gold, etc., cryptocurrencies are also a type of investment. These digital assets serve not only as a solution to certain problems in the digital world and economy but also as an investment vehicle or means of exchange, independent of third parties.
For years, we've been trading in traditional stock markets. Cryptocurrency trading is very similar to traditional stock markets.
Do I even need to explain the difference? I think not.
Dusk Network is a privacy-focused blockchain platform whose primary goal is to enable users to transact anonymously and securely. This platform is designed for financial applications and services, offering a modern solution to the privacy issues faced by current financial systems by placing privacy at the core. Dusk Network is equipped with advanced cryptographic techniques and proprietary protocols, making it applicable in areas such as financial services, identity management, and smart contracts.
The advanced technical infrastructure of Dusk Network ensures that transactions are processed quickly and securely while preserving users' identities. This is achieved through the implementation of customized techniques such as Zero-Knowledge Proof (Succinct Non-Interactive Argument of Knowledge) and specialized consensus mechanisms like Segregated Byzantine Agreement, which enable financial privacy using blockchain technology.
Operating on the Ethereum and Binance Smart Chain blockchains, Dusk Network is a privacy blockchain for financial applications. It features a Layer 1 (Layer 1) architecture that powers the eXtended Smart Contract (XSC) standard and supports native private smart contracts.
Dusk Network aims to meet the requirements and needs of financial markets. Its design centers on a scalable public infrastructure, direct transaction finalization, and strict data privacy.
Critically, the Dusk Network rule is designed to safeguard your security. It has two layers: a local congress source and a general shape layer.
Dusk is a BEP-20 and ERC-20 compliant cryptocurrency that can be used in various ways: * Used for marking * Used for transactions in one-way and nuclear exchanges based on the Private Security Contract (XSC) * Used for off-chain governance within XSC * Block rewards are distributed to agreement members via the DUSK token The XSC standard is primarily used by the Dusk Network. It was decided that resources not managed or directed within the contract can seamlessly collaborate. The initiative can be used as a security-protecting sidechain for any existing Layer-1 contract due to various interoperability arrangements. Being publicly accessible and open-source DLT, the Dusk Network enables any organization to leverage blockchain innovation that provides security savings for globally extensive coordinated efforts. The native token DUSK is exceptionally flexible and allows for use in exchanges, nuclear trading, and initiating intelligent contracts. Nightfall Network similarly uses advanced encryption procedures, including zero-knowledge cryptography. It provides organizations with the tools they need to comply with the General Data Protection Regulation (GDPR) and financial market regulations.
Walrus is a permissionless storage network designed to securely and efficiently store large files. It handles blob data such as videos, images, PDFs, AI models, and blockchain history at scale. Unlike centralized systems, the network operates through independent nodes, ensuring data remains accessible even if some nodes fail.
Walrus positions data accessibility as a core feature. This enables blockchain networks and decentralized applications to meet the need for verifiable and fast data retrieval. Design choices consider both performance and cost.
The protocol is built upon the engineering approach of the Mysten Labs team, which also developed Sui. The goal is to address the scalability, security, and flexibility shortcomings seen in distributed storage to date. Sui’s parallel execution and object-oriented data model serve as the underlying power driving Walrus’s data flows.
Walrus Tokenomics and Key Release Schedule The WAL token is used for payments, staking, and governance. There is a total supply of 5 billion WAL, distributed as follows:
%43: Community reserves (bounties, incentives, hackathons).
%10: User airdrop (%4 pre-mainnet, %6 post-mainnet).
How to Use Walrus (WAL)? To use Walrus, you first need to obtain the WAL token. Tokens can be purchased from supported exchanges and stored securely in a wallet. DeFi users can participate in governance by staking WAL tokens or interact with dApps. Storage users can create and manage data blobs through the Walrus network. CLI tools, web interfaces, and SDKs make integration easy for both developers and users.
Getting Started Steps
Purchase WAL tokens from supported exchanges.
Transfer the tokens to a secure wallet.
Stake your WAL tokens to participate in governance or use them with dApps.
Use the Walrus CLI or web interface to create data blobs for storage.
Funding and Support Received by Walrus Walrus Foundation was funded through a private token sale of $140 million at the beginning of 2025. This round, led by Standard Crypto, included major investors such as a16z crypto, Electric Capital, and Franklin Templeton. These funds will be used to scale the network and expand developer tools. Walrus was initially developed by Mysten Labs and is now managed by the Walrus Foundation, with a tight integration into the Sui ecosystem.
In the rapidly evolving world of blockchain technology, demand for secure and decentralized data storage solutions is higher than ever. Enter the Walrus Protocol—an advanced decentralized storage platform built on the Sui blockchain. Designed to efficiently handle large data files, typically referred to as "blobs," the Walrus Protocol is poised to revolutionize the data storage landscape with its innovative approach. Developed by Mysten Labs, the Walrus Protocol offers a scalable and cost-effective solution for storing data on the blockchain, making it a valuable tool for developers in the Web3 space.
Key Features of the Walrus Protocol
Efficient Data Storage with Red Stuff Encoding
The Walrus Protocol employs an advanced coding algorithm known as "Red Stuff," which divides data into smaller segments for efficient storage. This method enhances data access speed, resilience, and scalability, making it particularly well-suited for applications requiring the storage of large files such as media for NFTs, AI datasets, and blockchain archives.
Dusk Network is a security-focused blockchain and distributed ledger technology (DLT) that aims to bring programmability and observability to parasocial applications. Sunset Network serves as a Layer 1 blockchain, providing the foundation for communities to tokenize financial resources and enable private bright deals to computerize illicit activities. A versatile and open blockchain, the Private Security Contract (XSC) standard—considered a true norm for direct settlement, information protection, and security token creation—is a crucial part of its engineering.
What Is Dusk Coin Used For? Dusk coin is the native cryptocurrency of the Dusk project. Due to the project formerly being known as Dusk Network, the cryptocurrency is also referred to by some as Dusk network coin. This digital asset, developed on Ethereum, is generally known as a coin, but since it does not have its own blockchain, it is actually classified as a token. DUSK is always used to initiate transactions and enable atomic swaps. DUSK plays a central role in deploying smart contracts, participating in staking operations, and governance processes. In addition, DUSK serves as the primary payment mechanism on the network. In short, the question "What is Dusk Network coin?" can be summarized as such.
Founder and founding year: Emanuele Francioni / 2018 Blockchain: Ethereum and Binance Smart Chain Dusk Network, founded in 2018 by Emanuele Francioni and headquartered in Amsterdam, Netherlands, defines itself as a blockchain for programmable and private securities, supported by a novel privacy-focused proof-of-stake consensus protocol based on zero-knowledge proofs. Dusk Network operates on the Ethereum and Binance Smart Chain blockchains and is a privacy blockchain for financial applications. It has a Layer 1 (Layer 1) architecture that powers the Confidential Security Contract (XSC) standard and supports local private smart contracts.