The blockchain has become a very noisy market with numerous projects advocating complete secrecy or extreme decentralization, but there is still a more peaceful path to go. It is a way that would not attempt glory simply because it is rebellious, but would realize that to be included in our world money system technology would need to speak to innovators as well as to wise regulators. The Dusk Foundation is going this way and, by doing so, is responding to a profound and unspoken concern of contemporary finance: we are being asked to sacrifice some level of privacy in order to participate, or that innovation can only thrive in the shadows.
The central message of Dusk is a compromise, not a revolution. It is aware that the future of finance cannot be founded on extremes. An absolutely open world may be too open in a digital world, and complete privacy would be frightening to the institutions that have to prevent criminal acts. Dusk does not fall into this two-choice trap by featuring both ideas in its design. Imagine a closed envelope which makes its contents private, but also has a verifiable stamp on it and a record of its trail which cannot be altered due to its tamperproof nature. And that is what Dusk does: things transacted and sensitive information remain underground, but one can always demonstrate that nothing went against the rules. It does not provide secrecy, but selective disclosure, as we need privacy and trust.
The same balanced thinking could be used to apply to the hot debate on regulation. To most in the crypto community, regulation is a curse, an implication of control and lack of innovation. Dusk however, views a good regulatory framework as fences on a highway, which then allows fast innovation to run safely and effectively. Dusk sets a platform upon which banks do not fear investing, and in which tokenised real-life assets like property or bonds can be held legally. It is not a capitulation it is a challenge to scale up the brash new world of decentralised protocols to the stability of systems that have served us well in our economies. It is aware of a mere fact that in order to be embraced, many individuals must feel secure, and companies must be lawful.
The mission of Dusk is stewardship in a nutshell. It makes the role of creating something long-lasting and valid, and it is just as well out of the fast pursuits of speculative profits to the more difficult task of a long-term integration. It is the confidence in this decision that any person who ever created something important can identify with. It addresses the realist who both believes in blockchain potential but is weary of the wild-west attitude, and the idealist who desires more free financial system but would be concerned about the lawlessness. Dusk provides an assurance that we do not need to either make decisions between safety and freedom, or privacy and accountability.
Finally, the Dusk Foundation demonstrates that the middle ground might be mighty. In this screaming world, one needs a conscious dialogue. Through shunning the temptation of extremes it addresses the far more human and complicated issue of balance. It challenges us to consider the world in the future in which we are not forced by technology to give both our rights and duties up, but rather it allows us to maintain them. This course will require additional patience, further discussions, and additional engineering, though it might be the sole solution to the transition between the experiment of a curious trial to an effective, trusted money system.
@Dusk #dusk $DUSK
