SmartTrade Analyst

En el mundo en constante evolución de la tecnología digital, internet está experimentando una transformación desde el modelo centralizado y controlado por plataformas de Web2 hacia una era descentralizada de Web3, donde los usuarios tienen una propiedad real de sus datos, identidad y activos digitales. Para que esta visión alcance a miles de millones de personas en todo el mundo, se requiere una infraestructura sólida, escalable, rentable y fácil de usar. Chain se posiciona como uno de los marcos líderes diseñados para hacer realidad este futuro de Web3.

Hello Binance Square community! 👋 As of January 15, 2026, with $DUSK Network's mainnet live and exciting developments like DuskEVM rolling out, it's a perfect time to look back at the foundational work that made this possible. Today, I'm sharing a complete, original breakdown of Testnet Daylight Release Cycle Update #20 from May 19, 2023. This update highlights the incredible progress @dusk_foundation made across their GitHub repositories during their regular three-week cycle.
These release cycles give full transparency into ongoing development, covering selected key repos from their 18+ active ones. Work here is completed and shared, but not always immediately deployed to testnet – big features get separate spotlights.

Here are some striking visuals of zero-knowledge proof systems and privacy-focused blockchain tech that power much of $DUSK 's innovations:

Merkle Repository – Building Efficient Verification Trees
Work Still in Progress (Open Issues):
Set up performance benchmarks using the criterion tool for accurate testing.Greatly expand documentation for all public types, traits, methods – with extra focus on the Poseidon hashing implementation and the zero-knowledge opening gadget.Remove the positions map from the tree design entirely. Since the tree allows flexible walking, functions like len() and contains() can handle filled position checks without this extra structure.
Work Completed (Closed Issues)
Created a full Merkle tree using Poseidon hashing, including a zero-knowledge opening gadget that's fully generic for different heights and branching factors.Fixed a calculation error in child index during random position insertions (child_location function issue).Added proper accessor methods to the Opening structure so it can be easily used outside the crate.Built a dedicated Walker tool that iterates through every leaf node in the tree.Release Info: dusk-merkle v0.2.0 launched with getters for Opening fields, the new Poseidon Merkle tree + gadget, and changes to how branches handle data.Here are clear diagram showing how Merkle trees work in blockchain – essential for understanding Dusk's verification systems:

Poseidon252 Repository – Pure Hashing Focus
Work Still in Progress:
Create a sponge framework that's flexible for different fixed input lengths, eliminating the need for extra padding.
Work Completed:
All Merkle tree logic and proof generation moved out to the dedicated dusk-merkle crate for better separation.
Citadel Repository – Advancing Privacy Protocols
Work Still in Progress:
Update to use dusk-merkle for opening circuits (Poseidon252 now only handles hashing).Add a full section in the specs document about the Citadel smart contract.Fix code duplication between Citadel and Rusk for data structures and tests, and decide on std vs no_std best practices.
Work Completed:
Developed a state module for local Merkle tree management (future full stack integration planned).Made Merkle tree sizes fully customizable, not tied to Phoenix.Allowed users to create their own challenge values instead of hardcoding.Changed signature approach: now signs session stealth addresses (using license secret keys) instead of transaction hashes – improves malleability protection and proof verification.
Release Info: Citadel v0.2.0 with specs, new structs, license methods, state module, and user-crafted challenges.
Piecrust Repository – Smart Contract Execution
Work Still in Progress:
Enable querying the full tree of inter-contract calls.Add high-level module documentation explaining each part's purpose.Document imported functions in piecrust::imports.
Work Completed:
Renamed "module" to "contract" everywhere for clarity (WASM-based smart contracts).Fixed a severe segmentation fault bug when moving Sessions after contract instantiation.Updated owner type to support arbitrary lengths or BLS public key sizes (no more fixed 32-byte limit).Removed the outdated wee_alloc dependency.Added a practical example contract using dusk-merkle for custom tree storage.Adapted to Rust nightly changes: replaced alloc_error_handler with panic in no_std.
Release Info: piecrust v0.4.0 and piecrust-uplink v0.4.0 with many additions, changes, fixes, and removals.
Here are some visuals of smart contract development environments – similar to what Dusk's EVM-compatible tools enable:

How to Setup Local Development Environment for Solidity ...
Wallet-CLI, bls_381, Jubjub, dusk-blockchain, Consensus & Rusk – Other Key Updates
Wallet-CLI: Better network fallback + overflow protection for address generation (max 256 per seed).bls_381: Fixed docs, re-exported scalar modulus, corrected categories, upgraded to 2021 edition, bumped canonical.Jubjub: Added unit tests for windowed NAF across scalars/windows.dusk-blockchain: Fixed committee member extraction.Consensus: Async database trait, candidate block fetching in reduction, changelog added.Rusk: Many ongoing tasks for Citadel integration, sync flows, fee markets; completed delay support, data requests, limits, broker service, telemetry, shutdowns, fee inflation fix.This update cycle also included releases like kadcast v0.5.0 (blocklists, upgrades), wallet-cli v0.14.1, etc.
These detailed improvements in 2023 built the strong foundation we see today in 2026 with live mainnet and advancing privacy tech. @dusk_foundation's methodical approach is truly impressive! $DUSK #Dusk @Dusk_Foundation

Introduction to the EURQ Milestone on Dusk Network
In a major step forward for regulated blockchain adoption, @dusk_foundation has successfully integrated EURQ, the pioneering digital euro stablecoin, directly onto the Dusk Network. This collaboration between Quantoz Payments, NPEX, and Dusk marks one of the earliestimplementations of a fully MiCAR-compliant Electronic Money Token (EMT) on a privacy-focused Layer 1 blockchain. Launched as a 1:1 euro-backed asset, EURQ brings the stability and trust of traditional euros into the decentralized world, enabling secure, efficient, and programmable payments while adhering to strict European regulations.
This development highlights Dusk's unique position as a blockchain built specifically for institutional finance, where privacy through zero-knowledge proofs meets embedded compliance. As we move deeper into 2026, with Dusk's mainnet advancements and upcoming features like DuskEVM, EURQ is set to power real-world use cases from instant settlements to tokenized asset trading.
Here's a striking visual of the official announcement and branding for this groundbreaking partnership:

Quantoz Payments, NPEX, and Dusk release EURQ
Understanding EURQ: A True Digital Euro Under MiCAR
EURQ stands out as an Electronic Money Token fully regulated under the EU's Markets in Crypto-Assets Regulation (MiCAR). Issued by Quantoz Payments, a licensed Dutch provider, every EURQ token is backed 1:1 by actual euros held in safeguarded, bankruptcy-remote accounts. This structure guarantees redeemability at any time, offering the same reliability as traditional bank euros but with blockchain benefits like programmability and near-instant transfers.
Unlike many stablecoins that operate in gray areas, EURQ is designed from the ground up for compliance. It meets all MiCAR requirements for transparency, reserve management, and user protection, making it suitable for both retail and institutional users across the European Union. This regulatory foundation eliminates many of the risks associated with unregulated stablecoins, paving the way for widespread adoption in everyday finance and DeFi applications.
For a clear illustration of how digital euro stablecoins like EURQ are conceptualized in the evolving European landscape:

Deutsche Bank's DWS plans Euro Stablecoin with AllUnity digital ...
The Power Trio: Quantoz Payments, NPEX, and Dusk Network
The success of EURQ stems from a strategic alliance among three Netherlands-based innovators:
Quantoz Payments handles the issuance, reserves, and regulatory compliance as the licensed EMT issuer.NPEX, a regulated stock exchange with licenses including MTF and ECSP, provides the framework for trading and crowdfunding tokenized assets.Dusk Network supplies the underlying blockchain infrastructure, featuring native privacy, confidential smart contracts, and protocol-level compliance tools.Together, they create the first environment where a licensed MTF can leverage a MiCAR-compliant stablecoin for on-chain securities and payments. This integration allows for seamless issuance, trading, settlement, and redemption—all while preserving user privacy through Dusk's advanced cryptographic features.
Check out this dedicated partnership visual that captures the collaborative spirit behind EURQ:Dusk and NPEX partner with Quantoz Payments: EURQ on Dusk • DuskHow Dusk's Technology Enables EURQ's Full Potential
Dusk Network excels in areas where most blockchains fall short: combining privacy with auditability and compliance. Using zero-knowledge proofs and confidential transactions, users can conduct private euro-based operations, yet authorized parties (like regulators) retain verifiable oversight.With the upcoming mainnet rollout of DuskEVM in early 2026, developers gain Ethereum-compatible tools to build sophisticated applications around EURQ—such as automated payments, yield-generating products, or compliant DeFi protocols. This EVM layer, combined with Dusk's Rusk VM for native confidential contracts, ensures low fees, fast finality, and interoperability.The network's design supports high-volume use cases, from B2B cross-border payments to retail transactions, all while reducing intermediaries and costs. This makes EURQ not just a stablecoin, but a foundational building block for the future of regulated on-chain finance.The network's design supports high-volume use cases, from B2B cross-border payments to retail transactions, all while reducing intermediaries and costs. This makes EURQ not just a stablecoin, but a foundational building block for the future of regulated on-chain finance.
To better understand the broader process of bringing real-world value like euros onto blockchain through tokenization:RWA and DePIN: The Future of Assets and Infrastructure - TokenyReal-World Benefits and Use Cases for EURQ on Dusk
For individual users, EURQ offers a secure way to hold and transfer euros digitally, with the added perks of blockchain speed and global accessibility—without sacrificing regulatory protection.Institutions benefit immensely: instant settlements reduce counterparty risk, automated compliance lowers operational costs, and privacy features protect sensitive business data. Potential applications include:On-chain euro payments for tokenized securities trading via NPEX.Efficient B2B settlements across borders.Integration with upcoming tools like Dusk Pay for compliant, high-speed transactions.Building DeFi products that incorporate real euro liquidity.As more assets get tokenized (with NPEX managing hundreds of millions in potential value), EURQ could become the go-to stablecoin for European RWAs, driving liquidity and inclusion.
Here's an insightful graphic showing the ecosystem of real-world asset tokenization, where stablecoins like EURQ play a central role:Real World Asset (RWA) Tokenization Ecosystem Map - TokenyWith EURQ live and DuskEVM approaching, the project is accelerating toward a fully on-chain regulated stock exchange. Features like DuskTrade (with waitlist opening soon) and enhanced privacy tools will expand possibilities further.
This positions @dusk_foundation at the forefront of bridging TradFi and DeFi responsibly. As Europe leads in crypto regulation, Dusk and EURQ demonstrate how blockchain can enhance—not replace—traditional finance, unlocking trillions in value while prioritizing security, privacy, and compliance.A futuristic view of how decentralized finance is evolving with regulated innovations:Decentralized Finance (DeFi) - A business guide to understanding ...Final Thoughts on This Game-Changing Development
The arrival of EURQ on Dusk is more than a stablecoin launch—it's proof that privacy-preserving, regulation-compliant blockchain is ready for prime time. This partnership could accelerate mass adoption of on-chain finance across Europe and beyond.
What impact do you think EURQ will have on payments and investments in 2026? Share your predictions below!#dusk $DUSK @Dusk_Foundation

In the rapidly evolving world of blockchain and decentralized finance, @dusk_foundation stands out as a true innovator. Founded in 2018, Dusk is a Layer 1 blockchain protocol specifically designed for regulated financial markets. It combines cutting-edge privacy features with built-in regulatory compliance, making it an ideal platform for institutional-grade applications, tokenized real-world assets (RWAs), andcompliant DeFi. Unlike many other blockchains that handle compliance at the application level, Dusk embeds it directly into the protocol, ensuring privacy, auditability, and legal interoperability across the entire network.
The Core Pillars: Privacy, Compliance, and Permissionless Access
At its heart, Dusk Network is built around four key pillars: privacy, permissionless participation, public access, and compliance. It leverages zero-knowledge cryptography (ZK proofs) to enable confidential transactions while allowing authorized parties to verify compliance through provable encryption. This means users enjoy complete privacy in theirfinancial activities, but regulators or auditors can still confirm that rules are followed without exposing sensitive data.
Dusk achieves this through innovative technologies like its custom Segregated Byzantine Agreement (SBA) consensus mechanism, combined with Private Proof of Stake. These ensure high security,decentralization, and resistance to attacks. The network also supports native confidential smart contracts via the Confidential Security Contract (XSC) standard and the Rusk virtual machine, allowing developers to build programmable, privacy-focused dApps with built-in compliance parameters.
This unique blend addresses a major challenge in traditional finance: high costs, lack of privacy, and complex regulations that limit efficiency in trading securities and other assets.
Dusk's Regulatory Edge: The Game-Changing Partnership with NPEX
One of the most exciting recent developments is Dusk's strategic partnership with NPEX, a regulated Dutch stock exchange. This collaboration grants $DUSK access to a powerful suite of financial licenses integrated directly into the protocol:
MTF (Multilateral Trading Facility) license for operating regulated secondary markets.Broker license for sourcing and executing trades in assets like money market funds and bonds.ECSP (European Crowdfunding Service Provider) license for offering retail investment instruments across the EU.Upcoming DLT-TSS (Distributed Ledger Technology - Trusted Setup Service) license for native on-chain tokenization.These licenses enable the full lifecycle of compliant financial activities—issuance, investment, trading, and settlement—to happen entirely on-chain. The upcoming NPEX dApp, co-developed by the Dusk team and experts, serves as a fully licensed front-end and back-end for tokenized securities. Built on DuskEVM (Dusk's EVM-compatible layer), it integrates seamlessly with standard tools and initially features tokenized assets from NPEX, 21X, and institutional partners.This positions Dusk as the first blockchain to offer network-native regulated DeFi, where compliance is protocol-level rather than siloed in individual apps. It unlocks single KYC onboarding, composability between licensed assets and dApps, and instant settlement—all while maintaining privacy.Why Dusk is Perfect for Tokenizing Real-World Assets (RWAs)Traditional tokenization often creates mere "receipts" on-chain, but Dusk goes further by enabling native issuance of regulated assets like equities, treasuries, and money market funds. This brings massive advantages:Instant clearance and settlement to reduce risks and delays.Automated compliance to cut costs and eliminate middlemen.Reduced liquidity fragmentation through composable infrastructure.Privacy by design with options for confidential or transparent transactions (via Phoenix and Moonlight models).Dusk's focus on EU regulations like MiCA, MiFID II, DLT Pilot Regime, and GDPR-style rules makes it highly future-proof. It's not just about tokenizing assets—it's about creating a decentralized, open network where real-world finance integrates seamlessly with blockchain.
Use Cases and Vision for the FutureDusk's mission is to unlock economic inclusion by bringing institution-level assets directly to anyone's wallet. Key use cases include:Issuance and trading of security tokens (STOs) with automatic compliance.Privacy-preserving DeFi applications for institutional players.Secure, auditable transactions for businesses and users.The network supports self-custody, fast finality, and developer-friendly tools, paving the way for a global ecosystem of ZK-powered dApps. With ongoingadvancements in digital identity (like EUDI integration) and partnerships expanding tokenized assets, Dusk is building the foundation for scalable, regulated DeFi.
Conclusion: The Future of Compliant Privacy in Blockchain
In a world where privacy concerns clash with regulatory demands, @dusk_foundation offers a balanced, forward-thinking solution. By embedding licenses, ZK privacy, and compliance at theprotocol level, Dusk is redefining how real-world assets enter the blockchain era. As adoption grows, $DUSK could become central to the next wave of institutional finance on-chain.Whether you're a developer, investor, or enthusiast, keep an eye on this project—it's leading the charge toward a more inclusive, secure, and efficient financial system.#dusk $DUSK @Dusk_Foundation

La @dusk_foundation ha lanzado el Puente de Dos Sentidos, un paso importante adelante para el ecosistema Dusk. Esta nueva función permite a los tenedores del token nativo $DUSK mover sus activos de forma fluida entre la mainnet de Dusk y la Binance Smart Chain (BSC), mejorando la interoperabilidad y accesibilidad. Este hito apoya la visión de Dusk de conectar la finanza regulada con plataformas más amplias de finanzas descentralizadas (DeFi). #Dusk
Antes, los usuarios solo podían transferir versiones BEP20 o ERC20 de DUSK a la mainnet de Dusk. Con el Puente de Dos Sentidos, ahora se puede enviar DUSK nativo a BSC, donde se convierte en DUSK BEP20 y puede utilizarse en plataformas compatibles con BSC y protocolos DeFi. Esta expansión ofrece a los titulares de tokens una mayor flexibilidad, permitiéndoles elegir redes según comodidad, compatibilidad y los servicios financieros que deseen acceder.

La red Dusk es una blockchain diseñada con un fuerte enfoque en privacidad y cumplimiento normativo. Está especialmente creada para bancos, instituciones financieras y mercados regulados que deben cumplir con estrictas normas legales. El objetivo principal de Dusk es ayudar a estas instituciones a llevar activos del mundo real a la cadena, permitiéndoles emitir, negociar y liquidar activos de forma segura, respetando tanto la privacidad como la regulación. #Dusk
Un hito importante para el ecosistema Dusk es el nombramiento de Emanuele Francioni, fundador de Dusk, como CTO no ejecutivo de NPEX, una bolsa de valores regulada en los Países Bajos. Este cargo demuestra que Dusk no es solo un proyecto teórico, sino una tecnología que ya está influyendo en la infraestructura real de los mercados financieros. Resalta la confianza que las instituciones depositan en el enfoque de Dusk hacia la innovación blockchain.

La comunidad de blockchain ha alcanzado un hito importante con el lanzamiento oficial de la mainnet de la red Dusk. Después de años de investigación, desarrollo y pruebas extensas, Dusk ha evolucionado desde entornos experimentales hasta convertirse en una blockchain de capa 1 completamente operativa. Esta transición permite que usuarios reales e instituciones interactúen dentro de una red segura, conforme y centrada en la privacidad.
El lanzamiento de la mainnet sigue un enfoque estructurado y por fases. El primer paso consistió en desplegar el contrato Mainnet Onramp, permitiendo a los titulares de tokens ERC20 y BEP20 migrar sus activos a la blockchain nativa de Dusk. Según la hoja de ruta, para el 7 de enero la red está programada para comenzar a producir sus primeros bloques inmutables, marcando así el cambio oficial de pruebas a producción completa y uso en el mundo real.

Walrus está transformando la forma en que se almacena y accede a los datos en Web3 ofreciendo una API web flexible, segura y amigable para desarrolladores. Con ella, los desarrolladores pueden guardar texto, archivos o incluso múltiples archivos agrupados (quilts) directamente en la red descentralizada mediante sencillas solicitudes HTTP. Cada blob almacenado recibe un ID único que se puede recuperar en cualquier momento a través de puntos finales de agregador. Los usuarios pueden personalizar el almacenamiento con opciones como duración, permanencia y metadatos, obteniendo un control total sobre sus datos. Los quilts permiten agrupar múltiples archivos de forma eficiente para una gestión más sencilla. Los puntos finales de prueba públicos permiten experimentar sin necesidad de configuración, mientras que el Mainnet garantiza un almacenamiento seguro respaldado por tokens utilizando $WAL y $SUI . Al conectar la simplicidad de Web2 con la descentralización de Web3, Walrus ofrece soluciones confiables, transparentes y programables para el almacenamiento de datos a desarrolladores y usuarios de todo el mundo.