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Cryptocurrencies/Coins/Dusk Network (DUSK)
Dusk Network price, market cap on Coin360 heatmap

Dusk Network(DUSK)

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$0.170005
(1.41%)
0.00000691 BTC
Market Cap (Rank#323)
$69,715,384
2,832 BTC
Vol 24h
$5,418,682
220.103 BTC
Circulating Supply
410,078,541.73
Max Supply
1,000,000,000
1 day agocryptodaily
Dusk Network releases 2022 Report - Secure development through the coming years
Dusk Network has just released its fourth transparency report in which it underlines the strong financials that will enable the company to continue its cutting-edge development in fully compliant, private and decentralised finance. Despite a crushing bear market, Dusk Network has forged ahead on a road to long-term growth, all the while adapting to the fast-changing regulatory environment for cryptocurrencies. Fast becoming one of the leaders for developing a privacy-focused blockchain for financial assets, Dusk Network’s breakthrough Zero-Knowledge Proof technology is set to revolutionise financial markets into the 21st century. Daybreak Public Testnet launches successfully With the launch of the Daybreak testnet, the public can now interact with and learn more about the technology in place. Those who are tech-savvy can install the CLI wallet and start executing transactions. The testnet includes three major technical break-throughs in the form of PlonK, the lightning-fast zero-knowledge technology, Succinct Attestation, which delivers settlement finality through a unique proof-of-stake consensus mechanism, and the RUSK Confidential Smart Contract platform which enables anyone to program privacy-enabled smart contracts. Focus on business development and marketing Given Dusk Network’s aim of scaling up to support its growth, the team is looking to make new hires in the areas of business development and marketing. The whole team has been working remotely since the onset of the pandemic, and now get-togethers are planned for four times per year. Roadmap Daybreak As already mentioned, the Dusk Network Daybreak foundation phase of the roadmap is currently being implemented and tested. Daylight Daylight is the next phase of development. Here the focus is on decentralisation, and a gradual move towards a more community-run network that has less and less dependence on Dusk Network. The team expects a lot of bugs as the network transitions to far greater decentralisation. This is welcomed, given that the more patches and fixes that are made as more issues come to light, the stronger and more secure the network will become. Alba After Daylight comes Alba, with the power of smart contracts. The Confidential Token Standard (XC) will come into play, and a development toolkit will be released that will enable developers to easily deploy confidential tokens. Aurora The final phase for the time being on the Dusk Network roadmap is the Aurora security tokens and applications stage. Aurora will harness the power of Zedger, a cutting edge model for security token transactions. Zedger will allow the development of regulated financial products that include both privacy and regulatory compliance features. Download the full Dusk Network Report 2022 here. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
23 days agocryptodaily
Dusk Network expands team with key senior hires
Following on the heels of Dusk Network’s upgraded ‘Daylight testnet’ and updated roadmap, the company has also announced the hiring of two key team members in Berndt De Wit (Head of Marketing), and Yvo Rico (Head of Corporate Office). Berndt and Yvo will join Dusk Network as Head of Marketing, and Head of Corporate Office respectively. Their addition will provide a lot of extra experience in both the marketing and business development teams. These two new additions are the first part of a hiring campaign that is looking to strengthen both of the aforementioned teams. More team members are expected to join in the coming months. The hires Berndt is an experienced individual who has been working in the marketing industry for several years now. In that time he has led the marketing teams of a variety of multinational companies. Berndt brings expertise in marketing, brand management, performance, and content strategies. Dusk Network has the confidence that Berndt will be able to employ this experience in order to bring the company to the next level in marketing. “With the recent additions to our team, and our expansion into new forms of content syndication, unique Q&A sessions, partnerships, thought leadership, branding activities and podcast series, I feel very confident that we will reach our audiences in a consistent and unique appealing way. Our content strategy goes beyond the traditional way of bringing content to our target audiences. We are here to flare out a full customer journey, with different touch points within the right moment and place based on the data of our unique customers.”, Berndt de Wit, CMO. Yvo has an impressive track record, holding senior positions with various distribution and technology companies. At Dusk Network he will focus on operations, and also apply his experience to Business Development, Human Resources, and legal work. “We have a strong financial position and are less dependent on current market conditions. Our runway is secured up to well into 2025. The insecurities of capital markets therefore have little effect on us as a company. Of course we are vigilant with regards to interest rates and inflation, the war in Ukraine and regulatory developments, but we don’t fear that a possible recession will impact the growth of Dusk Network.”- says Yvo Rico. Opportunities at Dusk Network With the launch of the Dusk Network testnet there are now opportunities to take part in the expected significant growth of the ecosystem. If you have the skills that you think it would take, then the team at Dusk Network would love to hear from you. Even though the team is looking to fill specific roles, it is happy to hear from anyone who believes they have the talent and the enthusiasm to be a success at Dusk Network. Just send a CV and covering letter by following the links at https://dusk.network/pages/jobs Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
30 days agocryptodaily
Dusk Network’s Daylight Testnet brings upgraded staking contract
The second iteration of Dusk Network’s testnet has been launched. Daylight implements an upgraded staking contract which will improve blockchain stability, and will allow many more nodes to participate without any adverse effects. Since the first Daybreak testnet released in March this year, the Dusk Network developers have been working hard to iron out bugs and improve quality and usability. Now, with the launch of the second, Daylight testnet, many improvements have been integrated. Upgraded staking contract The new Daylight testnet will enable network participants to make transactions for the first time. Together with the wider blockchain community, they will help to stress-test the network and give feedback on performance and potential improvements. At launch, the Daylight testnet will hit the deck running, with more than 100 nodes. All these nodes will be integrated into the network and will have no adverse impact on stability. More community nodes will be onboarded going into the near future. The community participation on the Daylight testnet is not quite ready yet, given that the Dusk team will first test network resilience with purposely malicious nodes in addition to some community-run nodes. More improvements Significantly faster CLI wallet A new command line interface wallet incorporates faster synchronisation times and has a stable cache mechanism which fetches user balances quickly. This update will resolve connectivity issues. Block explorer tweaks The TPS statistic has been replaced to show the total number of transactions in the last 100 blocks, and in addition, gas expenditures can now be tracked in real time. Community involvement Dusk Network’s team would love to see the community become more involved with testing by making transactions. Also, the team welcomes feedback on the CLI wallet. The newest version of the wallet is available on Linux and macOS, and can be downloaded here. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
38 days agocryptodaily
Ryan King Of Dusk Network Interview With Adryenn Ashley Of CryptoDaily
In this week's interview, Adryenn Ashley sat down with Dusk Network’s new Senior Project Manager Ryan King. Dusk Network is a layer-1 blockchain protocol capable of powering privacy-preserving smart contracts that satisfy business compliance criteria. It serves as a liberated financial industry that provides equal opportunity for organizations of all sizes to secure capital, trade assets, and access a full spectrum of financial services. They perform this by advancing the first permissionless blockchain for the issuance, trading, and management of programmable digital assets that keeps confidential information private and meets today’s industry compliance standards. In this interview, they talked about application areas of Dusk smart privacy contracts, the importance of privacy in our everyday lives, and the Dusk mission to empower users to exert complete control over the assets they own. If you want to find out more about Dusk Network, click here: https://dusk.network/ Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
41 day agocryptodaily
Ryan King Of Dusk Network Interview With Adryenn Ashley Of CryptoDaily
In this week's interview, Adryenn Ashley sat down with Dusk Network’s new Senior Project Manager Ryan King. Dusk Network is a layer-1 blockchain protocol capable of powering privacy-preserving smart contracts that satisfy business compliance criteria. It serves as a liberated financial industry that provides equal opportunity for organizations of all sizes to secure capital, trade assets, and access a full spectrum of financial services. They perform this by advancing the first permissionless blockchain for the issuance, trading, and management of programmable digital assets that keeps confidential information private and meets today’s industry compliance standards. In this interview, they talked about application areas of Dusk smart privacy contracts, the importance of privacy in our everyday lives, and the Dusk mission to empower users to exert complete control over the assets they own. If you want to find out more about Dusk Network, click here: https://dusk.network/ Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
72 days agocryptodaily
Dusk Network announces privacy Web3 protocol HOPR has been awarded a grant
Swiss privacy project HOPR association is the latest recipient of funding from Dusk Network’s grants program Helios. The $5M grants program allocates funding to various research projects that focus on zero-knowledge proof technology. The funding is part of a joint effort with other prominent Web3 projects such as Ankr and Harmony, who are strategic partners to Dusk Network. Foundational Privacy Proponents of Web3 highlight privacy as an important part of blockchain and cryptocurrency, something that is often overlooked for other crypto concepts such as decentralization. However, HOPR and Dusk Network argue that, without privacy — specifically, transport-level privacy that obscures metadata such as the user’s IP address and private keys — fundamental aspects of crypto cannot be safely operated. Pascal Putman, Commercial Director and Grants curator commented on how the Helios Grants program will contribute to privacy within Web3: “Privacy recently has increased in popularity in the blockchain space, but to meet our level of privacy and compliance requirements, parties understanding this need are quite limited. When we sat down with HOPR, immediately we felt a connection and both saw plenty of opportunities to bundle our knowledge and powers. Contributing to the HOPR protocol with our Helios Grants Program helps us to contribute to a more private Web3 and entire industry”. HOPR’s incentivized and scalable private mix network enables users to earn its native token, HOPR, as an incentive for running nodes that anonymously and securely relay data to other network members using the project’s proof-of-relay system. This allows users to send data to other users without exposing vital metadata such as their IP addresses. HOPR’s DERP tool — Dumb Ethereum RPC Provider — addresses the urgent need for this technology, a tool that shows how popular decentralized apps (DApps) such as Uniswap and MetaMask leak vast amounts of identifiable and exploitable metadata. Dusk Network also seeks to address this, which makes the grant investment a fantastic opportunity to explore how Dusk Network’s technology and the HOPR protocol could work together in the future, in a way that could offer privacy and compliance to its users. Rik Krieger, co-founder and CMO at HOPR notes: “Receiving the grant from Dusk Network for us acknowledges that what we are working on is one of the solutions that Web3 needs. We both have the same ambitions: to make privacy mainstream and a standardization instead of an exemption. The grant empowers us to explore privacy technology to its maximum potential.” Holistic investment While a great deal of the controversy around viability of Web3 has focused on project funding, with many criticizing the amount of venture capital funding in the space. HOPR has already established its decentralized credentials through a fair launch that saw 100% of raised funds stay in control of the HOPR DAO. The team says it is doubling down on this approach by securing investment from like-minded Web3 projects. Critics may argue that the problem of metadata and IP privacy is prevalent in every layer of crypto, from users accessing DApps via their browsers to the way transactions are approved and grouped into blocks by miners and validators. As a way to address this, HOPR has announced it will be: Balancing data transparency with privacy for node runners for truly decentralized data-indexing and infrastructure provision with Ankr, The Graph and Pocket Network Adding essential transport-level privacy to the on-chain privacy of Dusk Network Providing essential privacy to stop layer–0 disruption and attacks on layer-1 blockchains with Gnosis, Polygon, Harmony and Near. Interested developers can also participate in HOPR’s rapidly expanding bounty program. About HOPR HOPR is a layer-0 metadata privacy-protection protocol used to connect devices and the cloud and produce private transactions on the chain. HOPR has developed cutting-edge technologies for digital privacy, layer-0 data transmission and decentralized governance. About Dusk Network Dusk Network is an open source blockchain for financial applications. Data protection and privacy-preservation play a major role in Dusk Network, as well as its design for regulatory compliance. The blockchain is eco-friendly, thanks to its Proof-of-Stake consensus mechanism; a novel and efficient method of reaching agreement on the current state of the global ledger. Notably, the blockchain supports privacy-friendly smart contracts. Companies use the Dusk Network to power financial applications, issue tokens, trade and collaborate on a global scale. Dusk Network is built by a team of experts from Amsterdam, the Netherlands. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
91 day agocryptodaily
Dusk Network Token Gets Listed On KuCoin
Dusk Network’s token, DUSK, has been officially listed on the KuCoin exchange, as of 12th May, 10:00 UTC. Trading is set to commence on 13th May, 10:00 UTC. Dusk Network is the first blockchain to offer privacy and compliance in the financial space. A Balance Between Privacy And Compliance Dusk Network, a layer-1 blockchain protocol for confidential smart contracts, has announced the listing of the DUSK token on the KuCoin exchange. KuCoin is one of the most prominent cryptocurrency exchanges in the world. The Dusk Network provides a delicate balance between privacy and compliance. As a public blockchain and an open-source protocol, businesses from around the world can easily use it, tokenize their financial instruments, and automate complex processes. A Closer Look At The Dusk Network Dusk Network is an open-source blockchain built for financial applications. The project sees data protection and privacy preservation play a critical role, along with regulatory compliance. Dusk Network’s capabilities of instant settlement finality and smart contract functionality make servicing regulatory compliant financial applications on blockchain technology a possibility. Dusk Network launched the DUSK token in 2018. Soon after its launch, it became the first project to emerge from The Netherlands to have its ERC-20 token listed on major exchanges. Developers from the Dusk Network are based all across Europe, while the core team is based in Amsterdam. The project looks to address concerns and issues related to regulation and compliance, including MICAr (Markets in Crypto-assets), GDPR (General Data Protection Regulation), and MiFID (Markets in Financial Instruments Directive). Testnet Generating Significant Interest Since Dusk Network launched its testnet “DayBreak” on 22nd March 2022, there has been a significant interest in the ecosystem. Developers and node runners have been queuing up, and the testnet has already seen over 2700 signups. The interest in the Dusk Network’s testnet proves that there is a growing interest in and acceptance that on-chain data privacy and selective disclosures based on zero-knowledge technology are the need of the hour. Listing On KuCoin KuCoin is home to over 600 digital assets. Currently, KuCoin offers Margin trading, Spot trading, P2P fiat trading, Staking, Futures trading, Staking, and lending services to over 10 million users. Forbes has named the exchange as one of the best crypto exchanges in 2021, and it currently ranks in the top 5 cryptocurrency exchanges, according to CoinMarketCap. The exchange has amassed over 18 million users spread across 200 countries and was valued at $10 billion in its latest funding round. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
131 day agocryptodaily
A Week Of Dusk’s DayBreak Testnet: Status Update
After launching the DayBreak testnet last week, Team Dusk has released a status report summing up the network stats and shining a light on the work in progress for the mainnet implementation. Public-Facing Means Of Interaction The Amsterdam-based fintech firm Dusk Network had launched its Daybreak Testnet on March 22, 2022, to introduce its financial applications to the public without breaking legal compliance. Since the protocol claims to be a privacy-first blockchain, fully compliant with financial legislation, it has positioned itself as best suited for businesses that wish to avoid the fallacies of the traditional financial system. The status update released by the Dusk team kicks off by talking about the three public-facing solutions through which the community can interact with the testnet ecosystem. These are - Node Sign-ups, Block Explorer, and the CLI Wallet. Thanks to the Node Sign-up feature, 2,700 applicants volunteered to become Provisioners on the Dusk Network. The second feature, the public Block Explorer is an open channel where community members can dive into testnet statistics, including transaction numbers, block times, and total blocks added to the chain. Finally, the CLI wallet allowed tech-savvy users to execute DUSK transactions on the testnet. Over last week, over 60,000 new blocks have been created, with the first transaction being made at block 147. Community Pulls Through On Socials, Sets Records The update also touched base with the Dusk Network communities on social platforms like Discord and Twitter, hailing the creative user-generated content that continued spreading the testnet buzz online. However, the most noteworthy news was that of the official transaction record set for a single block. The report highlighted the contribution of several users who set a record of 21 transactions into block 60237. Additionally, the testnet has accomplished 1-second fast block times without forking. The target for the mainnet is a 15-second block time. Next On The Plate: Infinite Scrolling Wrapping up the report, the update mentioned that the development team had smoothed over any minor technical obstacles occurring due to being open to the public, reporting zero major upsets in the network. Finally, the report also addressed what comes next on its to-do list to prepare for the mainnet, “Meanwhile, some of the finalized and ongoing UX/UI developments include infinite scrolling on the Block Explorer for those browsing the blocks and transactions & new Block Explorer filters for enhanced searches. These will further aid in laying bare the network’s capabilities over the coming weeks.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
142 days agocryptodaily
Dusk Network Daybreak testnet offers fully regulated financial privacy
Amsterdam based fintech company Dusk Network has today released its Daybreak Testnet, providing the public with an array of financial applications while maintaining compliance with legal requirements. The Dusk Network layer 1 protocol has been built from the ground up as a privacy first blockchain that fully complies with financial legislation. Any company can use it for its business, enabling it to avoid the inefficiencies of the traditional financial system. The Dusk team have operated right on the cutting edge of new technologies to develop new techniques and algorithms in the fields of peep-to-peer networking, distributed computation, and zero-knowledge cryptography. By focusing particularly on the financial arena, Dusk Network has become one of the foremost pioneers of this sector. According to Jelle Pol, founder, and business director at Dusk Network: '”Most of us know that public blockchains are completely transparent by nature. This presents a real blocker for large financial institutions who are looking to adopt the technology. They need the tools to satisfy compliance criteria, whilst keeping sensitive data, such as their clients’ balances, ownership registries and asset movements between venues, confidential. I am beyond excited to launch DayBreak knowing that we are pushing technology that addresses the needs of the real world.” Dusk Network Technological breakthroughs In order to become one of the leaders in financial privacy, Dusk Network has developed some incredible technologies along the way. In Plonk, the team has developed a lightning fast standard in zero-knowledge (ZK) technologies. Plonk keeps all transactions on the Dusk Network private and confidential. Other blockchain platforms such as Ethereum are not able to fulfil the privacy-compliance conundrum, whereas Dusk Network can, by providing a public record of smart contracts that are able to store financial information confidentially. Dusk Network’s unique proof-of-stake consensus mechanism, Succinct Attestation, provides much-needed settlement finality. On the Dusk Network, transactions are final and irreversible as soon as they are processed, giving legal certainty of ownership, and providing regulatory compliance for financial applications. Another technology which differentiates the Dusk Network from other blockchains, is its RUSK smart contract programming language. The RUSK confidential smart contract platform enables anyone to develop a new breed of dApps by way of privacy-enabled smart contracts. Emanuele Francioni, founder and technical director at Dusk Network, said of his company’s new testnet: “TestNet is a huge milestone and I am incredibly proud of launching a network that fulfils a vision that many considered too ambitious even for multi-billion dollar projects With Dusk Network we are creating a state-of-the-art blockchain in every sense of the word; the components underpinning the network such as PLONK, Kadcast, and Rusk are true marvels of innovation that pave the way for a new standard in both traditional finance as well as the emerging DeFi. With the delivery of DayBreak, we are entering an exciting new chapter which signals our confidence in the network’s capabilities, as well as our readiness to progress to the next steps featured in our roadmap, toward our vision of a truly fair and efficient financial market.” Daybreak Testnet For those wishing to take a first look at the Dusk Network Daybreak Testnet and who would like to contribute, there is a waiting list that they can apply for, which already has more than 2500 signups. Those who are tech-savvy can install the CLI wallet from the portal, and start executing transactions on the network. Those who would just like to see the network block times, and learn about activities on the network can visit the Block Explorer. Both the Block Explorer and the CLI wallet can be found on Portal.dusk.network. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
144 days agocryptodaily
Dusk Network publishes new economic model paper detailing improved token economics
Emanuele Francioni, consensus architect of Dusk Network, has written an updated economic model paper that details how the Dusk team has made significant strides in improving the capability and efficiency of the protocol, as well as lays out the token economics of the Dusk Network infrastructure. Nodes Prospective node runners can stake their DUSK tokens in order to become provisioners, thereby performing an important role in the network’s consensus algorithm. The Dusk Network’s high performing Succinct Attestation Consensus Mechanism provides clear and final settlement of transactions. This is extremely important for financial use cases, which cannot use the proof-of-work consensus mechanism. Block Rewards Consensus participants receive the reward of all transaction fees in each block that they validate, together with a newly minted reward of DUSK tokens, the amount of which is regulated by the Token Emission Schedule. The provisioner that is selected as the block generator for a round receives all the block rewards except for 10% which is reserved for the Community Development Fund. Provisioners in committees do not directly share in the block rewards, but must remain active in order to have the chance to be selected to generate a block. The higher their stake, the higher is their chance of being selected. Mainnet Staking Provisioners need to lock in 1,000 DUSK in order to participate, although there is no ceiling on a maximum stake. This minimum commitment ensures the reliability of the network nodes. Calculating ROI The amount of blocks finalised and added to the blockchain may vary each year. A faster average block time means that consensus participants earn more, as block rewards are issued based on blocks finalised. Assuming idealised block times, we can use the above data to estimate the expected ROI, based on the total token supply locked by provisioners. Token Emission Schedule Block rewards incentivise the participation of nodes in the network, which also ensure its security. Over time, it is expected that transaction fees will decrease, leading to a commensurate decrease in the amount of newly minted DUSK tokens. DUSK is a capped-supply token. It is estimated that the final interval at the 62,500,000th block will be reached in 2050, thereby providing reward incentives for consensus participants for many years to come. Unlike Bitcoin, which halves the token supply at predetermined intervals, the Dusk Network has smaller reductions, and at more frequent intervals, in order to make the transition smoother at these times. Provisioners collaborate together in provisioner committees in order to finalise a block. 64 provisioners are chosen in each of 3 committees per block, and 67% of them are required to vote in order to reach consensus. Dusk’s previous consensus mechanism entailed using block generators and provisioners. Now, the two roles have been merged together to form the Succinct Attestation consensus mechanism. This streamlines the process and shields network participants from excessive transaction fees. What provisioners stake on mainnet will be more transparent, allowing for more accurate estimates of return on investment. Staking on Dusk Network is live. Those who would like to become a provisioner can join through the Dusk dedicated staking portal. The Dusk Network site can be reached at Dusk.Network, and you can take part in conversations on the Dusk Discord server. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Dusk Network

The live price of Dusk Network (DUSK) today is 0.170005 USD, and with the current circulating supply of Dusk Network at 410,078,541.73 DUSK, its market capitalization stands at 69,715,384 USD. In the last 24 hours DUSK price has moved -0.001233 USD or -0.01% while 12,700,509 USD worth of DUSK has been traded on various exchanges. The current valuation of DUSK puts it at #323 in cryptocurrency rankings based on market capitalization.

Learn more about the Dusk Network blockchain network and how it works or follow the price of its native cryptocurrency DUSK and the broader market with our unique COIN360 cryptocurrency heatmap.

Dusk Network Price0.170005 USD
Market Rank#323
Market Cap69,715,384 USD
24h Volume5,418,682 USD
Circulating Supply410,078,541.73 DUSK
Max Supply1,000,000,000 DUSK
Yesterday's Market Cap69,892,720 USD
Yesterday's Open / Close0.17167 USD / 0.170437 USD
Yesterday's High / Low0.178603 USD / 0.159315 USD
Yesterday's Change
-0.01% ( 0.001233 USD )
Yesterday's Volume12,700,509 USD
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