It started with a question that bothered every single engineer and every regulator who saw blockchain become popular. The question was this.Can we really have privacy and follow real world rules on a ledger like blockchain? This is a deal, for blockchain.
In a world where financial markets move trillions daily, where institutions must balance confidentiality and transparency, the answer seemed elusive
When we are not paying attention to the numbers and all the ups and downs of the stock market that is where the real work of systems takes place. Most of the time people talk about Dusk and the bigger group of finance systems they focus on ideas. People talk about Dusk.
Things like being able to control your privacy or following the rules that big institutions have to follow. They make it sound like these are things that you can just turn on or off but that is not the case, with Dusk and decentralized finance systems. Dusk and decentralized finance systems are not that easy to understand.
When you look at things from the point of view of a systems engineer these things are not features. They are decisions about how the system is built. When we look at technical systems over a long period of time we see that the ideas that seem the best at first often do not work well in the long run because of the problems that come up when they are actually being used.
Most of the talk, about adoption is missing a big problem. The traditional finance system just cannot use a ledger where everyone can see all the information. Imagine a bank having to broadcast every client's sensitive trade data to the entire world just to settle a transaction. It’s a non-starter. But that’s where Dusk gets interesting. They are not just building another fast L1—they are building a professional-grade environment where privacy and compliance actually coexists.