Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
There was once a very interesting phenomenon—Wall Street traders and crypto developers couldn't speak the same language. On one side was the heavy burden of compliance manuals, and on the other was the freedom of code as truth. The two worlds looked at each other with disdain, not because of a big technical gap, but mainly due to the lack of a common rule language that both sides could understand.
Now, there is a project doing something called Dusk Network, which aims to serve as this "translator."
This project didn't choose to overthrow the existing financial compliance framework—that would be too difficult. Instead, it cleverly uses blockchain technology to encode and automate traditional rules. Its core weapon is the Hedger engine, which sounds complex but actually does this: enabling transactions to protect privacy while allowing authorized parties to audit the entire process. Imagine it like giving financial contracts a pair of x-ray glasses—outsiders can't see transaction details, but regulators can see through the compliance framework. This isn't just a technical showcase; it's a real institutional innovation.
What truly makes a difference is the integration with NPEX, a licensed exchange. NPEX doesn't just provide a license; it offers a complete set of financial conduct standards. This means assets and applications on Dusk are inherently compatible with traditional legal frameworks. For long-excluded institutional capital, this "protocol-level compliance" is no longer a choice—it's a ready-made channel.
The upcoming launch of DuskEVM mainnet is a key step in drastically reducing compliance costs. What does full compatibility with the Ethereum development environment mean? Many developers familiar with Solidity can now use their most comfortable "language" to directly develop financial applications that are inherently compliant and private. This could give rise to previously nonexistent innovations—applications that are both DeFi and compliant.
From this perspective, the value of the DUSK token is like the fuel and governance rights for this "financial translation system." It maintains the secure operation of the system and also represents the market's expectation that a "compliant flow" will converge on this network.
Therefore, Dusk's goal may be far more than just creating a privacy chain. It is building a financial infrastructure that connects two eras—allowing the rules of the old world and the operational efficiency of the new world to truly communicate on a single trusted platform for the first time. Such ambition is worth paying attention to.