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Information about Dusk Network (DUSK)
Dusk Network is a blockchain Layer 1 that powers the Confidential Security Contract (XSC) standard and supports native confidential smart contracts. Through a transactional model called Phoenix, Dusk Network focuses on bringing privacy and anonymity to transactions and smart contracts. The ‘Segregated Byzantine Agreement’ (SBA) consensus mechanism secures the network. According to the team from Dusk Network, SBA is an improvement over Byzantine Fault Tolerant.
Dusk Network was founded by Emanuele Francioni. He is a robotics and automation expert. Additionally, this project’s development team includes numerous engineers, blockchain & IT experts, including Fulvio Ventureli and Jelle Pol.
DUSK is a native token of the Dusk Network ecosystem, operating on Ethereum according to ERC20 standard, and can be used to:
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