/biz/ - Business & Finance

>>21702784

>>21702784

Tell me more about dusk, if you can convince me you got it for you.

>>21702917
DUSK could best be described as essentially Ethereum + Zcash: a private, programmable smart-contract blockchain platform with a revolutionary tech-stack that is miles ahead of competition.

Quoting from the tech lead Emanuele Francioni
>if it comes to compliance+privacy (i.e. primary and secondary market for securitized or confidential assets), yes I would say we are light years ahead of any other distributed ledger technology

>>21702784
I'm not spoon feeding you but look into DIA yourself

>>21702928
Ok, i see cap up price the same. Why?

Uniswap link?

>>21702928
>>21702917
To elaborate, there are basically 3 things to keep in mind in the next year or so:

1:
>Leading player in the STO meme
These guys are in a joint venture with bitfinex to launch the first legally compliant, zk-enabled (privacy-enabled) STO platform- for proof google 'bitfinex dusk whitepaper' and you'll find it right there.

The keywords here are FIRST, & LEGALLY COMPLIANT- the STO market is going to a massive hype-factor in the coming bullrun, and Dusk will be leading the charge with bitfinex.

2:
>Leading player in the CBDC meme
These guys are already closely advising the Dutch central bank (DNB) in the implementation of central bank digital currency.
Reference: https://dusk.network/news/dusk-joins-cbdc
For those not aware, privacy is HUGE in EU, hence the emphasis on GDPR and privacy regulations in this part of the world. There is a lot more going on behind the scenes between Dusk and DNB- these guys are very crypto savvy and are no doubt already testing the possibilities with the Dusk platform for an implementation of the Dutch CBDC.

Once scaling solutions like zk-rollups are implemented to take transaction capacity to 3k+ TPS (1Y max), we are looking at a legitimate candidate for a privacy-enabled, legally compliant backbone of the Dutch Central Bank Digital Currency.

3:
>Leading player in the tokenisation meme
Dusk is already working with one of the largest Dutch shareholder registries to tokenize up to 35,000 newly incorporated companies, easily tens of millions of euros of tokenized value right there just as a start, for a project with a sub-$30 million marketcap.

'Firm24 CEO Martijn Migchelsen. “Thanks to Dusk and LTO we are now ready to deploy our Tokenized Share Register, automating corporate actions, and lay the foundation to connect our customers directly with the world of alternative finance.'

Reference: https://www.coindesk.com/dusk-network-plans-to-tokenize-equity-for-thousands-of-dutch-companies

>>21702917
I hoped there was someone who could tell me more about it. But there seems to be an anon who got that covered for us in here.

>>21702952
I'll take a look.

>>21702810
What is this?

>>21702970
>cap up price the same, why
token releases up to the ceiling of 500M. you can check supply.dusk.network for the most up-to-date supply info.

>>21703005
>>21702928
Let me repeat again for the noobs entering this thread:

THERE IS NO OTHER PLATFORM OUT THERE THAT COMBINES PRIVACY FROM THE GROUND UP WITH SMART CONTRACT CAPABILITIES.

DUSK is a private blockchain by definition. All other big public blockchain platforms attempting to pivot towards the privacy usecase (Ethereum, Tezos, etc...) to attract industry players are making severe tradeoffs in order to try to tack on 'privacy' to their platforms.

Quoting tech lead (pic related, also feel free to confirm all of these quotes on TG):
>the fact that Ethereum’s ledger is public, makes it hard to bake privacy in, resulting in a series of inefficiencies, incompatibilities, tradeoffs and fragmentation of approaches that Dusk simply does not have.
>Our smart contacts are natively using zk. Our tx model provides unlinkabikity by default. Our VM provides storage with (zk-friendly) scalar and binary representation, out of the box. We have but one standardized approach to confidential assets. We provide but one proof system with a universal setup the entire stack is highly optimized for, and is immediately usable by the smart contract developers who do not need to reinvent the wheel everytime. Even confidential spending of public outputs (gas, rewards, etc) is supported out of the box
>And, of course, our consensus enables the capability to stake in a privacy-oriented manner through the proof-of-blind-bid

>>21703203
Thanks Fren I think I'll but at least 50% of my investment in to Dusk. Save the other 50% to see what more comes out of this chat.

>>21702917
What do you think so far? Does dusk seem legit?

>>21703251

I like it friend, got too much boggled in link right now though :/

>>21703461
Is it still worth it to get into Link? I don't wanna buy the top like with BTC

>>21702784
Why the fuck would you pick DUSK of all coins?

Copypasta from BTC Talk:

Ariefounder AKA Jelle Pol founded CCG Syndicate dumping on its members, pocketing Community Management contracts on said projects without disclosing it's affiliations through Informance.io

This informance.io company is linked to multiple scams.

Previous scams are
>uchain
>naviaddress
>Coinfi
>Fortuna
>blockcloud
>Open platform
>Apex network

>Ariefounder of CCG dumped pool tokens before distro, delaying distro & pocketing difference

>CCG operated VIP investor group, hidden from the others. Insider information and earlier distro of tokens to dump on the rest

>Silently got community management and marketing contract through Informance.io BV for pool deals.

>Insider trading and organised dump of the pool projects

>Bragging about dumping on members while drunk


>All projects exit scammed


Emanuele Francioni Dusk CTO

> Self proclaimed genius
> Can't get mainnet out
> hyped announcements and pumped and dumped his own token
>Lied about partnerships
>Changed token utility. Dusk token no longer required for STO. Fundraising will be stable coin & €. No Dusk.

>Team keeps hitting delays after delays

>Mainnet announcement for Q4 2019 failed

>Roadmap delayed x2

>Lied about Bitfinex partnership , Changing company records after private sale

>Only 400 real erc20 holders. Team created 13.000 fake addresses with tiny airdropped amount of token to make it look like they're a bigger Community

Team doubled Hardcap after private sale.

Team token unlock has started even without delivering anything

Stay away from this project

>>21702784
>I'm done with wage slaving 9 to 5.
Oh man, it's just beginning sweaty

What is the CBdc meme

>>21703796
I know anon, I think about just kys everyday.

small stack of idena bro, and hold it till its atleast 1b+ market cap.
if u dont wanna buy into it sure, just dont fomo again. play with safer defi projects possibly, synthetix seems good.

polkadot is a very strong hold, wait for it to dip itll take a chunk of eth's market cap.

dyor on everything before u put ur moeny into it so u can sleep at night knowing its actually quaity stuff ur putting ur money in.

>>21703847
Thanks for the based advise Anon I will look into it.

>>21703251
Glad to hear you have decided to become a musky dusky, we're happy to have you fren

>>21703671
Fren the LINK run was great, but it's already a top 5 coin with not much room left to grow. Wouldn't recommend it.

>>21702784
Kleros is the way. These dubs confirm.

>>21704109
Which dubs? What is kleros there is so many pajeets shilling it it seems kinda dodgy.

>>21702784
these are the faggots that are gonna be buying our LINK at $1000

we're all gonna make it (except OP)