Review on Dusk Network by Toprak Dere
About Dusk Network
Dusk Network aims to meet the needs and needs of financial markets. At the heart of its design is a scalable overall infrastructure, the certainty of direct consensus of transactions, and strict data privacy.
Dusk Network has 3 important features:
Direct Payment Certainty: A Distributed Financial Market Infrastructure (dFMI) should ensure clear and final settlement of transactions. According to the explanations made, transactions in Dusk Network are fast, take seconds to complete, and precision is reached instantly as on-chain.
Privacy: Dusk Network provides complete user privacy and requires decentralized apps and third parties to comply with strict compliance requirements while still offering data privacy. This increases the ability to perform business processes on-chain, resulting in significant cost reductions.
Public: Users do not need the approval of a trusted authority to use the Dusk Network blockchain. Also, only minimal computing power and reasonable IT resources are required to participate. All users who have DUSK tokens can participate in the consensus.
Pros
- Dusk Network focuses on bringing privacy and anonymity to both transactions and smart contracts.
- Dusk Network aims to bring decentralized trading of tokenized securities to the fore directly instead of central control.
Cons
- the project should be developed and promoted more
