A common misconception in the community is that when it comes to privacy public chains, people automatically think of black markets and tech geeks. This mindset actually narrows the perspective.
Look at it from a different angle. Would financial giants like JPMorgan Chase or Citibank feel comfortable using existing public blockchains for bond settlements? Dare they? Their capital flows and counterparty information are exposed on the chain, and competitors can scrutinize with a magnifying glass 24/7—this is why RWA (Real World Assets) has been talked about for so many years but remains a big promise. Institutions don’t lack transparency; what they need is "controlled privacy"—protecting business secrets while meeting regulatory requirements.
The logic behind the Dusk project over the years has actually been quite clear. Although development progress has been painfully slow (which has driven away many), the core idea is sound—they didn’t go to the extreme of absolute anonymity but instead developed "programmable privacy." Using ZK zero-knowledge proofs, especially with customized optimizations for the PLONK algorithm, institutions can prove transaction compliance and fund legitimacy to regulators without revealing all their trade secrets.
This art of balancing is precisely the key to connecting Web3 with traditional finance. Compared to projects that only boast about TPS and hype, Dusk’s ability to embed KYC/AML logic directly into the Layer 1 protocol while maintaining privacy features is truly scarce infrastructure.
Looking ahead, if Wall Street really adopts on-chain solutions at scale, they won’t choose the most free-spirited option but the one that understands the game best and knows how to dance with regulators. This will be the watershed for the next wave of institutional-grade applications.
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AirdropHunterKing
· 5h ago
Wow, this is the logic I wanted to hear. Privacy ≠ Money Laundering, how many people do I have to explain this to?
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GasFeeSobber
· 5h ago
Oh, wait, I need to rethink the logic of Dusk... Will institutions really foot the bill?
Finally, someone has spoken clearly: programmable privacy is the real way, much more reliable than just promoting transparency.
Regulatory friendliness ≠ truly usable, Dusk still needs to prove itself.
The selling point is indeed attractive, but can they really win with such slow development progress...
RWA has been just a pie for so many years, can Dusk's solution break the deadlock? I'm a bit skeptical.
Layer upon layer of nesting, institutions want this, but building the ecosystem is no easy task.
Finding the right balance between compliance and privacy is quite good, but the premise is that it can truly be implemented.
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MeltdownSurvivalist
· 5h ago
Finally, someone has explained it thoroughly. Privacy chains are not a haven for black market activities; they are a necessity for Wall Street.
The controlled privacy point hits the mark. What institutions really want is not complete transparency; they just don't want to reveal their cards to competitors.
Dusk's progress is slow, but at least the logic hasn't collapsed. The programmable privacy approach indeed has imagination.
It's a hundred times better than those who boast about TPS. True infrastructure should look like this.
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GateUser-6bc33122
· 5h ago
Controlled privacy is the first time I've heard of it from this perspective; it’s indeed much more reliable than those purely anonymous projects.
The key to Wall Street on the chain is this balance point, and Dusk seems to be heading in the right direction.
Development progress is indeed slow and makes people anxious, but rushing is not the answer; it's better than a project ending prematurely.
RWA (Real-World Assets) pie has been around for so long, and someone really needs to make it happen.
Having KYC integrated into the underlying design is quite innovative; that's exactly what institutions want.
Whoever understands the regulatory tricks in this wave will win—simple and straightforward.
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ChainMemeDealer
· 5h ago
That's right, the issue with RWA is stuck between privacy and transparency... Dusk's approach is indeed different, and the concept of programmable privacy is quite interesting.
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FlippedSignal
· 5h ago
Well said. The point about "controlled privacy" really hits the mark; no wonder institutions have been hesitant to act.
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Dusk's approach to programmable privacy is definitely smarter than those projects that shout about absolute anonymity.
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Development is slow, but the logic is clear. Not all projects understand the regulatory hurdles.
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In recent years, RWA has been hyped up loudly, but it still gets stuck on the contradiction between privacy and compliance.
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Wall Street will ultimately choose the one that is best at "compromising." I quite agree with this judgment.
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Instead of constantly bragging about TPS and performance, it's better to think clearly about real application scenarios like Dusk.
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Financial institutions don't want transparency; they just want to be regulated. That's the real demand for privacy blockchains.
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Programmable privacy vs. absolute anonymity—it's the former that is the future. Black market uses won't be able to leverage this technology.
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Layer 1 can handle KYC/AML plus privacy, which is indeed a scarce capability.
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This is the correct way for Web3 and Wall Street to open up, not just shouting slogans.
A common misconception in the community is that when it comes to privacy public chains, people automatically think of black markets and tech geeks. This mindset actually narrows the perspective.
Look at it from a different angle. Would financial giants like JPMorgan Chase or Citibank feel comfortable using existing public blockchains for bond settlements? Dare they? Their capital flows and counterparty information are exposed on the chain, and competitors can scrutinize with a magnifying glass 24/7—this is why RWA (Real World Assets) has been talked about for so many years but remains a big promise. Institutions don’t lack transparency; what they need is "controlled privacy"—protecting business secrets while meeting regulatory requirements.
The logic behind the Dusk project over the years has actually been quite clear. Although development progress has been painfully slow (which has driven away many), the core idea is sound—they didn’t go to the extreme of absolute anonymity but instead developed "programmable privacy." Using ZK zero-knowledge proofs, especially with customized optimizations for the PLONK algorithm, institutions can prove transaction compliance and fund legitimacy to regulators without revealing all their trade secrets.
This art of balancing is precisely the key to connecting Web3 with traditional finance. Compared to projects that only boast about TPS and hype, Dusk’s ability to embed KYC/AML logic directly into the Layer 1 protocol while maintaining privacy features is truly scarce infrastructure.
Looking ahead, if Wall Street really adopts on-chain solutions at scale, they won’t choose the most free-spirited option but the one that understands the game best and knows how to dance with regulators. This will be the watershed for the next wave of institutional-grade applications.