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Cryptocurrencies:  7,457Markets:  31,673Market Cap:  $365,686,393,15624h Vol:  $77,442,710,256BTC Dominance:  59.7%
Market Cap:  $365,686,393,15624h Vol:  $77,442,710,256BTC Dominance:  59.7%Cryptocurrencies:  7,457Markets:  31,673
Dusk Network

Dusk Network (DUSK)

$0.039424 USD (2.33%)
0.00000334 BTC (-0.73%)
0.00133663 BNB (4.38%)
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  • Market Cap
    $10,795,183 USD
    914.80220167 BTC
    365,997 BNB
  • Volume (24h)
    $162,995 USD
    13.81249751 BTC
    5,526 BNB
  • Circulating Supply
    273,821,673 DUSK
  • Total Supply
    500,000,000 DUSK

About Dusk Network

Dusk Network price today is $0.039424 USD with a 24-hour trading volume of $162,995 USD. Dusk Network is up 2.33% in the last 24 hours. The current CoinMarketCap ranking is #484, with a market cap of $10,795,183 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$0.039424 USD
Dusk Network ROI
-79.80%
Market Rank#484
Market Cap$10,795,183 USD
24 Hour Volume$162,995 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
$0.049238 USD /
$0.038040 USD
24 Hour High / Low
$0.041028 USD /
$0.038819 USD
Yesterday's High / Low
$0.040432 USD /
$0.038327 USD
Yesterday's Open / Close
$0.039931 USD /
$0.039334 USD
Yesterday's Change$-0.000597 USD (-1.50%)
Yesterday's Volume$158,944 USD
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