Hello Everyone, This is Tarek zozo. I want to discuss About $DUSK.
Dusk Coin, How It Works and Why It Is a Coin ?
Here I go,Dusk is a coin, not a token, because it is the native cryptocurrency of its own independent blockchain called the Dusk Network. The Dusk Network is a Layer-1, privacy-focused blockchain designed mainly for regulated financial applications such as digital securities and confidential smart contracts. It works by using zero-knowledge cryptography (zk-proofs) to ensure transaction privacy while still remaining compliant with regulations. The network runs on a Proof-of-Stake–based consensus mechanism known as Segregated Byzantine Agreement (SBA), where validators stake DUSK coins to secure the network, validate transactions, and produce new blocks. The DUSK coin is used for paying transaction fees, staking, rewarding validators, and participating in network governance. In simple terms, Dusk works as a privacy-preserving blockchain where the native DUSK coin powers security, transactions, and decentralized financial applications directly on its own chain.