The platform supports confidential smart contracts, meaning developers can build decentralized applications (dApps) that process sensitive information without exposing it on the public blockchain. This is a major advantage for enterprise and financial use cases.
Tokenomics
Token Name: DUSK
Ticker: DUSK
Maximum Supply: 1,000,000,000 DUSK
Circulating Supply: ~500,000,000 DUSK (approximate)
Consensus: Proof of Stake (SBA)
New DUSK tokens are created through block rewards and distributed to validators who participate in securing the network. A portion of emissions may also support ongoing development and ecosystem growth.
Use Cases of DUSK
DUSK has several important roles in the ecosystem:
Staking: Users can stake DUSK to become validators and earn rewards.
Transaction Fees: DUSK is used to pay for transactions and smart contract execution.
Governance: Token holders may participate in governance decisions in the future.
Privacy Finance: Used in private financial products such as tokenized securities.
Enterprise Blockchain: Enables private and compliant business applications.
Market and History
DUSK reached its all-time high during the 2021 crypto bull market. Since then, like many cryptocurrencies, it has experienced volatility. However, the project continues to focus on long-term development, especially in privacy technology and regulated finance.
Strengths and Risks
Strengths:
Strong focus on privacy + compliance
Advanced cryptography (Zero-Knowledge Proofs)
Targeting real-world financial use cases
Energy-efficient Proof-of-Stake system@Dusk $DUSK
