Cryptocurrencies:  7,487Markets:  31,788Market Cap:  $398,180,431,02524h Vol:  $107,972,231,063BTC Dominance:  60.9%
Market Cap:  $398,180,431,02524h Vol:  $107,972,231,063BTC Dominance:  60.9%Cryptocurrencies:  7,487Markets:  31,788
Dusk Network

Dusk Network (DUSK)

$0.040439 USD (3.04%)
0.00000309 BTC (0.58%)
0.00132142 BNB (1.26%)
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  • Market Cap
    $11,073,194 USD
    846.67424967 BTC
    361,834 BNB
  • Volume (24h)
    $141,741 USD
    10.83776346 BTC
    4,632 BNB
  • Circulating Supply
    273,821,673 DUSK
  • Total Supply
    500,000,000 DUSK

About Dusk Network

Dusk Network price today is $0.040439 USD with a 24-hour trading volume of $141,741 USD. Dusk Network is up 3.04% in the last 24 hours. The current CoinMarketCap ranking is #497, with a market cap of $11,073,194 USD. It has a circulating supply of 273,821,673 DUSK coins and the max. supply is not available. You can find the top exchanges to trade Dusk Network listed on our crypto exchanges page.

What is Dusk Network?

Dusk Network describes itself as a blockchain for programmable and confidential securities, powered by Zero-Knowledge proofs and novel Private PoS leader extraction-based consensus protocol. Dusk Network is a privacy blockchain for financial applications. It is a layer-1 blockchain that powers the Confidential Security Contract (XSC) standard, and supports native confidential smart contracts.

Dusk Network aims to address the requirements and needs of financial markets. Central to its design is a scalable public infrastructure, direct settlement finality of transactions, and strict data privacy.

  • Direct settlement finality. A distributed Financial Market Infrastructure (dFMI) should provide clear and final settlement of transactions. On Dusk Network transactions are fast, take seconds to complete, and achieve immediate on-chain finality.
  • Privacy. Dusk Network provides full user privacy and enables decentralized applications and third-parties to adhere to strict compliance requirements whilst still offering data privacy. This increases the ability to perform business processes on-chain, leading to significant cost reduction.
  • Public. Users do not need the approval of a trusted authority to use the Dusk Network blockchain. Besides, only minimal processing power and modest IT resources to join. All users who possess the DUSK token can participate in the consensus.

How does it work?

Through the use of a transactional model called Phoenix, Dusk Network focuses on bringing privacy and anonymity to both transactions and smart-contracts. Additionally, tokens deployed on Dusk Network can build on top of Zedger, a hybrid privacy-preserving model based on Phoenix, specifically modeled for security tokens.

The ‘Segregated Byzantine Agreement’ (SBA) consensus mechanism secures the network. According to the team from Dusk Network, SBA is an improvement over the underlying Proof-of-Stake (PoS) mechanism as it combines existing ideas like cryptographic sortition (lottery), stealth time-locked transactions (private stake amounts) and a reputation module to increase the chances of selecting honest nodes and further promote decentralization.

DUSK tokens can be used as a utility token to initiate transactions and atomic swaps, or for the deployment of smart contracts. DUSK can also be staked to participate in consensus and serves as a means of exchanging DUSK-denominated value. In the future, the team intends to expand the use-cases of DUSK by adding it to an on-chain governance system.

Dusk Network was founded in 2018 and is based in Amsterdam, the Netherlands.

Dusk Network Price

Dusk Network Price$0.040439 USD
Dusk Network ROI
Market Rank#497
Market Cap$11,073,194 USD
24 Hour Volume$141,741 USD
Circulating Supply273,821,673 DUSK
Total Supply500,000,000 DUSK
Max SupplyNo Data
All Time High
$0.614791 USD
(Jul 22, 2019)
All Time Low
$0.011059 USD
(Mar 13, 2020)
52 Week High / Low
$0.129330 USD /
$0.011059 USD
90 Day High / Low
$0.129330 USD /
$0.035830 USD
30 Day High / Low
$0.056160 USD /
$0.035939 USD
7 Day High / Low
$0.041633 USD /
$0.036030 USD
24 Hour High / Low
$0.041542 USD /
$0.038249 USD
Yesterday's High / Low
$0.039629 USD /
$0.036641 USD
Yesterday's Open / Close
$0.036732 USD /
$0.038457 USD
Yesterday's Change$0.001724 USD (4.69%)
Yesterday's Volume$194,527 USD
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