#Dusk Network is a privacy-oriented Layer 1 blockchain designed for regulated financial markets. It focuses on enabling the issuance, trading, and settlement of real-world assets (RWAs) with an emphasis on privacy and compliance with regulations like MiFID II, MiCA, and the DLT Pilot Regime.
Here's what "on-chain data and analysis" means in the context of Dusk:
DUSK Tokenomics: The DUSK coin is the native utility token of the Dusk Network. Its tokenomics describe its economic model, including its supply, distribution, and utility within the ecosystem.
Utility: DUSK is used for transaction fees, staking, validator incentives, and governance participation. This utility-driven design aims to tie the token's value to actual network usage.
Supply: The maximum supply of DUSK is 1,000,000,000.00 tokens. The circulating supply is designed to gradually increase with network maturity, with earlier stages prioritizing security and development, and later stages relying on transaction fees and real usage.
Allocation: Token allocation includes portions for private sales, technical development, partnerships, community, marketing, advisors, and the team.
Blockchain Explorer: A blockchain explorer for Dusk allows users to view on-chain data such as:
Blocks: The latest blocks mined, the number of blocks in a given period (e.g., 24 hours), and the current epoch.
Transactions: The number of transactions processed within a specific timeframe.
Supply Information: Details on the total supply and active staked DUSK.
Staking Data: Information on active provisioners (validators) and staking APR.
Privacy Features: Dusk utilizes zero-knowledge cryptography and advanced encryption methods to ensure privacy and compliance. This allows businesses to operate on the blockchain while adhering to data protection regulations like GDPR and financial market directives.
Consensus Mechanism: Dusk Network uses a performant consensus mechanism called "Succinct Attestation Agreement" to achieve instant settlement of transactions, typically within 15 seconds. Their consensus protocol, Segregated Byzantine Agreement ("SBA"), is powered by "Proof of Blind Bid," enabling anonymous staking for Block Generators.
Real-World Asset (RWA) Tokenization: A key focus for Dusk is the tokenization of real-world assets. On-chain data analysis in this context would involve tracking the issuance, trading, and settlement of these digital securities on the Dusk Network.
Understanding these on-chain metrics and the underlying tokenomics helps in assessing the network's health, adoption, and potential future value.
