smdrakon

The Dusk Network focuses on ensuring privacy and regulatory compliance, making it suitable for institutional adoption in the financial sector. It aims to bridge the gap between traditional finance and blockchain by providing solutions for the tokenization of real-world assets.

Plasma (XPL) allows sending USDT without paying gas fees thanks to the innovative "Paymaster" system.
Paymaster in Plasma is a smart contract that acts as a sponsor for transactions. It pays the gas fees for stablecoin transfers, such as USDT, making them "gasless" for the user.
The unique Paymaster mechanism allows users to pay gas fees directly using USDT or BTC, without the need to hold the native network token (XPL). However, behind the scenes, XPL is used to pay for gas.

Vanar Chain implements a five-tier architecture designed to transform Web3 applications into intelligent systems. This architecture allows for the automation of processes such as verification, asset management, and payments, handling unstructured data like legal documents, and providing active intelligent oversight instead of merely executing commands.

Dusk Network stands out for its approach to privacy and regulatory compliance, making it appealing for institutional adoption. At its core are confidential smart contracts. These contracts allow computations to be executed without public disclosure of confidential data, ensuring the privacy of transaction amounts, participant identities, and contract details.

The Walrus project, developed by Mysten Labs (the Sui team), has transformed into an independent decentralized network governed by its own utility token WAL and supported by the Walrus Foundation.
Walrus is positioned as a developer platform that enables monetization and verification of data, as well as a decentralized blob storage. This project aims to provide reliable, valuable, and manageable data for the era of artificial intelligence.

Dusk Network positions itself as a level 1 blockchain specifically designed for financial institutions, enterprises, and governments that require privacy without compromising regulations. It allows the creation of secure DeFi platforms, tokenized real assets, and digital securities while adhering to regulatory requirements. Dusk utilizes Zero-Knowledge Proofs technology to ensure transaction privacy while maintaining auditability. DUSK is the native token of the network used for staking, consensus, payment of network fees, and deployment of dApps.

Walrus positions itself as a key player in the Web3 infrastructure space, focusing on innovative technologies for decentralized data storage and accessibility. The protocol was developed by the Mysten Labs team, which is also behind the Sui blockchain.
The main idea of Walrus is to address the problem of storing large volumes of data in Web3, as blockchains were not designed for this. Walrus offers a decentralized, scalable, and confidential level of data storage and accessibility, specifically created for Web3. This allows decentralized applications (dApps), NFTs, and second-layer blockchain networks to have reliable and efficient storage solutions.

Here are the key partnerships in Dusk Network:
NPEX (Dutch regulated MTF exchange): NPEX is an investment firm licensed as an MTF by the Netherlands Authority for the Financial Markets (AFM) and operates as a stock exchange where investors can buy and sell shares and bonds of Dutch small and medium-sized enterprises. NPEX collaborates with Dusk and Quantoz to utilize electronic money tokens (EMT) via blockchain, creating a bridge between traditional financial systems and decentralized applications based on blockchain for trading and issuing regulated real assets.

The need for secure and private data storage has never been greater. Walrus steps onto the scene to provide a decentralized alternative to traditional cloud services. Utilizing the Sui blockchain and advanced erasure coding, this protocol enables the distribution of large files across the network, making them censorship-resistant and highly available. Unlike centralized providers, Walrus focuses on privacy-preserving storage. This is essential for developers creating modern dApps and for enterprises handling sensitive information. The WAL token is central to this ecosystem, serving as the native currency that powers storage operations and incentivizes participants. Whether you are an individual seeking a secure place for your data or an institution looking for cost-effective solutions, this protocol offers a reliable infrastructure. As decentralized finance and Web3 continue to grow, the demand for scalable storage will only increase. With a combination of speed, security, and low cost, this project is well positioned for market leadership in storage by 2026. Stay tuned for the development of this network as it redefines how we interact with digital assets and information.