The cryptocurrency world has a classic contradiction that can't be resolved: DeFi wants to replace traditional finance, but traditional financial institutions simply can't get in. On the surface, it's a technical issue, but in reality, it's a compliance hurdle—public blockchains are too transparent, and banks and exchanges dislike transaction data being fully exposed; private chains are private, but liquidity suffers.

This stalemate has persisted for years until a project said: Let's try a different approach.

Dusk Network was founded in 2018 in Amsterdam, Netherlands, with the core idea of building a Layer 1 public chain based on zero-knowledge proof technology. The goal of this chain isn't to generate tokens for fundraising, but to truly serve as infrastructure for regulated finance. The EU compliance DNA has been embedded in this project from the very beginning.

Looking at Dusk's design philosophy—it's neither like Ethereum, where transaction data is fully transparent, nor like some privacy coins that are completely anonymous and non-cooperative with regulation. Instead, it introduces a new concept called "programmable privacy." Simply put: sensitive information such as transaction amounts and strategies are hidden on-chain, but through mathematical proofs, users can directly demonstrate the legality of their transactions to regulators. This "compliant privacy" approach is actually the only key for institutional funds to enter Web3.

From a technical architecture perspective, Dusk has built a comprehensive solution supported by zero-knowledge proofs as the core technology to underpin the entire system...