The realm of blockchain privacy is far deeper than the common notion of "hiding transaction amounts and addresses."
What the DUSK protocol does is actually more fundamental: enabling data to be used and verified without being fully exposed. It sounds a bit abstract, but once you think about real-world scenarios, it becomes clear.
For example, if you need to apply for a loan from a bank. What is the current process? Publicly disclose all on-chain transaction records for them to review your credit. But with DUSK’s approach? You can prove "my on-chain credit history meets the loan requirements," while the key data remains forever unseen by the other party. Another example: a fund needs to demonstrate to regulators that its investment portfolio is compliant, but doesn’t want competitors to know the specific holdings—DUSK can handle this with zero-knowledge proofs and confidential smart contracts.
In simple terms, DUSK unlocks not just "hiding," but "selective disclosure" combined with "programmable compliance." This is the real breakthrough for institutional applications.
From a certain perspective, DUSK is building the infrastructure for data ownership in the digital age. Individuals and institutions truly own their data and decide when and how it is verified and used—this is what Web3 should look like.
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StableNomad
· 8h ago
ngl, selective disclosure sounds great till regulators decide what "compliance" actually means. been through enough bear markets to know privacy tech attracts scrutiny like honey attracts bears.
Reply0
ConsensusDissenter
· 01-09 09:56
From the perspective of selective disclosure, it's indeed a good point, but the real question is who defines "compliance"?
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GasBankrupter
· 01-09 02:56
Zero-knowledge proofs sound complicated, but basically, it's me proving that I have money without telling you exactly how much I have. Haha, now that's true privacy.
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InscriptionGriller
· 01-09 02:56
Zero-knowledge proofs sound intimidating, but basically it's "I can prove I didn't lie, but I don't have to tell you the truth." Can financial institutions buy into this trick?
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MetaverseVagabond
· 01-09 02:49
Zero-knowledge proofs are easy to talk about, but how many actually use them?
I just want to ask about selective disclosure—ultimately, you still have to trust the entity performing the verification. It feels a bit convoluted.
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CryptoCrazyGF
· 01-09 02:45
Oh, this is the true way to privacy, not just simple hiding and seeking.
The concept of selective disclosure is brilliant; finally someone has explained this thoroughly.
Zero-knowledge proofs really need to be popularized, otherwise institutions will never truly embrace the on-chain world.
By the way, how long will it really take for this set of technologies to be implemented? Feels like it's been years of loud promises with little progress.
However, the DUSK approach is indeed much smarter than those pseudo-privacy coins, instantly surpassing them.
It suddenly occurs to me that if everyone could control their data like this, traditional finance might not survive anymore.
This is the Web3 we want. Why does it feel like the progress is so slow?
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NFT_Therapy
· 01-09 02:34
The idea of selective disclosure is really clever; finally someone has clarified the issue of privacy.
Zero-knowledge proofs need to be truly implemented for institutions to be the main battlefield.
This is what privacy should really be about—much more interesting than just hiding and concealing.
By the way, can DUSK really handle regulatory hurdles? It still feels a bit uncertain.
The big promise of data ownership is being hyped up a lot, but how many practical scenarios are actually usable?
The realm of blockchain privacy is far deeper than the common notion of "hiding transaction amounts and addresses."
What the DUSK protocol does is actually more fundamental: enabling data to be used and verified without being fully exposed. It sounds a bit abstract, but once you think about real-world scenarios, it becomes clear.
For example, if you need to apply for a loan from a bank. What is the current process? Publicly disclose all on-chain transaction records for them to review your credit. But with DUSK’s approach? You can prove "my on-chain credit history meets the loan requirements," while the key data remains forever unseen by the other party. Another example: a fund needs to demonstrate to regulators that its investment portfolio is compliant, but doesn’t want competitors to know the specific holdings—DUSK can handle this with zero-knowledge proofs and confidential smart contracts.
In simple terms, DUSK unlocks not just "hiding," but "selective disclosure" combined with "programmable compliance." This is the real breakthrough for institutional applications.
From a certain perspective, DUSK is building the infrastructure for data ownership in the digital age. Individuals and institutions truly own their data and decide when and how it is verified and used—this is what Web3 should look like.