Home » Crypto » What is Dusk Network coin (DUSK) and how does it work?

What is Dusk Network coin (DUSK) and how does it work?

by Financial Economy

Dusk Network Coin is a privacy focused cryptocurrency. Dusk Network (DUSK) is a programmable and confidential securities focused blockchain project. Using the proprietary PoS consensus model with Zero-Knowledge proofs, the Dusk Network offers both privacy and securities trading. Detailed information about what is Dusk Network coin (DUSK), how it works, how to buy, on which exchange, how much is it, etc is in continuation of the article. You can browse here for information about PolySwarm coin (NCT).

What is Dusk Network coin (DUSK) and how does it work?

Dusk Network aims to promote the trading of tokenized securities directly in a decentralized way instead of centralized control. Layer-1 blockchain network using XSC technology offers more privacy than regular networks. XSC technology also makes significant contributions to the network in terms of scalability.

The network relies on privacy, anonymity and smart contracts with a proprietary transaction model called Phoenix. All these increase the importance of the project. In addition to being ERC-20 based, Dusk Coin can also be traded on the Binance Smart Chain network.

The token of the platform is DUSK coin. DUSK tokens can be used to initiate transactions and atomic swaps or as a utility token for the distribution of smart contracts. DUSK can also be stocked to join consensus and serves as a vehicle for the exchange of value in DUSK. In the future, the team plans to expand its use cases by adding DUSK to an on-chain governance system.

Dusk Network founders! DUSK coin supply!

Dusk Network was founded in 2018 by Emanuele Francioni. DUSK token total supply is 500.000.000 units.

How to buy DUSK coin and which exchange is avaliable on?

DUSK coin is listed on a lot of cryptocurrency exchanges like Binance, Bybit, Mandala Exchange, BingX, Gate.io, etc. and it can be purchased these exchanges. However, before investing, it is necessary to make sure, the exchange and the crypto project are “RELIABLE”. It it so important point for investors.

DUSK price!

As of February 23, 2022, at the time of writing, 1 DUSK coin price is around $0,36 (the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

Related Posts

Leave a Comment