In the crypto world, "transparency" is considered an ironclad rule. On-chain verifiability, clear fund flow, and the ability to trace every operation—these features are highly praised, almost as if they embody justice itself.



But who has truly thought about this question: if everything must be exposed to the sunlight, can blockchain handle real-world finance?

Dusk doesn't follow the crowd by telling stories; instead, it approaches this sharp question head-on.



1. Transparency isn't a bad thing, but "full transparency" is too idealistic

Initially, the core goal of blockchain transparency was to eliminate trust issues.

The problem is, when blockchain starts handling real financial transactions, identity verification, and compliant assets, transparency becomes a double-edged sword:
• Which company dares to reveal all transaction details?
• Are individual users willing to have their account records permanently public?
• Does "compliance" mean "everyone can see"? Not necessarily.

The real-world approach is like this:
Verifiable ≠ Must be fully visible

This is what Dusk aims to solve.



2. Dusk is building a new financial language system

Many people lump Dusk into the "privacy chain" category, but that's a shallow understanding.

Seeing it only from the perspective of "hiding" underestimates its ambition.

What Dusk is really doing is solving a difficult problem:
Protecting details from exposure while still meeting compliance, auditing, and verification needs.

This isn't turning off the lights; it's changing the way light is shined.

According to Dusk's approach:
• Transactions can be proven to comply with rules
• Assets can be proven to be genuine
• User identities can be verified without public disclosure
DUSK-17,77%
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retroactive_airdropvip
· 01-11 11:20
I'm impressed by this logic; transparency to the extreme is just hooliganism. Honestly, Dusk's approach really hits the mark. Full transparency is a false proposition and unrealistic. Verification ≠ must be public; that's a pretty statement. It's both privacy chain and compliance—how to balance that? Got it, it's about encryption locks rather than hiding things outright. Honestly, this is the true way for blockchain to genuinely enter the financial sector.
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ShamedApeSellervip
· 01-10 19:46
Honestly, finding a balance between transparency and privacy is really necessary; a one-size-fits-all approach won't work. Corporate financial reports can't be fully disclosed, but trust still needs to be established. Dusk's approach is quite reasonable. This is the real challenge—being verifiable without exposure. It feels much more complex than just privacy coins. Selective transparency? It’s possible, but it depends on whether the technology can truly support it. Talking about it nicely is useless; the key is how on-chain data flows. Isn't this exactly what traditional finance wants? Just packaged in a different way. Compliance auditing with privacy protection—easy to say, hard to do... it depends on how to balance it.
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SatsStackingvip
· 01-10 16:50
This idea is indeed brilliant. Finally, there is a project daring enough to break the myth of transparency. To put it simply, the combination of privacy + verifiability is the true essence of finance. Wait, how is Dusk's ecosystem doing now? Can it really be implemented, or is it just another PPT project? How do regulators in the US view this? It feels like walking a tightrope. It's basically about wanting privacy while remaining compliant. Having both is a difficult balance. The concept of full-chain transparency has long needed reflection. Corporate finance fundamentally doesn't need to be watched.
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DeepRabbitHolevip
· 01-08 12:55
That's right, full transparency is a false proposition; banks have already proven this point. --- So Dusk's approach is actually "trust but verify"? I feel like that's the right path. --- That hits hard. Companies wouldn't dare reveal all their ledgers, but now they insist on doing so to be considered "Web3." --- Compliance auditing + privacy protection—if this can truly be achieved, it won't just be a privacy chain; it would be a new generation of technology. --- Isn't this the balance point between real-name systems and anonymity? They've been swinging between extremes. --- Wow, finally someone dares to say that transparency isn't a silver bullet. The previous crowd hyped it too much. --- Dusk's perspective is indeed fresh, but can it be truly implemented? This stuff isn't simple. --- Verification ≠ Disclosure. This sentence woke me up; I was overcomplicating it before.
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MEVHunterWangvip
· 01-08 12:47
This idea is indeed brilliant; compliance and privacy don't have to be mutually exclusive. Old Wang has never seen a team truly think through this problem in all these years. But to be honest, if it can really be achieved, would regulators be easily fooled? The concept of selective transparency sounds like playing word games... but it should work. Verifiable but not public—that's the way real finance should look.
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MysteryBoxOpenervip
· 01-08 12:47
Oh wow, you're right. Full transparency is basically a false proposition. When it comes to real finance, how can everyone see everything? I'm impressed with Dusk's approach. Verification ≠ Exposure. Do you understand what selective disclosure means? People shouting about transparency all the time, have they ever thought about the privacy of enterprises and individuals? I just want to ask, who really needs everything to be completely transparent on the entire chain? I feel this is what blockchain should actually do, not just a blanket "expose everything" mode. It's interesting—combining compliance and privacy, it doesn't sound so opposed anymore.
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SatoshiChallengervip
· 01-08 12:46
Another project that "solves a non-existent problem" [smirk]
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down_only_larryvip
· 01-08 12:42
Nothing wrong with that, the fully transparent approach is just not feasible in reality --- I've said it before, exposing everything makes it hard for companies to operate, I like Dusk's approach --- It can be verified but not just blindly trusted, this is the real idea --- There are many privacy chains, but few truly understand Dusk --- Good question, but projects that can solve this are rare --- This is the true face of finance, not everything should be transparent --- Can verification and privacy coexist? That's interesting --- Every day people hype transparency, no one has considered how ridiculous that is --- If Dusk can truly balance these two needs, it won't just be a chain --- Compliance audits require privacy too, making it extremely challenging
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