Why Dusk Takes Upgradability as a Compliance Requirement.
Dusk was founded in 2018 based on the assumption that financial regulation is not stagnant. Its design indicates long term operation with varying legal and reporting standards.
Regulatory drift is also one of the risks that has not been discussed much in crypto. Regulations are altered, reporting guidelines are modified and compliance levels are updated. Those systems that are incapable of adapting safely are liabilities. Dusk has a modular structure, which serves to solve this issue by decoupling settlement, execution, and application logic and make upgrades without affecting fundamental guarantees. In the case of institutions, this is more important than crude performance. A system capable of making smooth evolution is simpler to trust than a system that has to be forked or rewritten drastically. Dusk seems to be developed assuming that the regulation will be changed. Do you believe that upgrade safety will be a determining factor that chains hold regulated assets on a long-term basis?