Cryptocurrencies:  7,486Markets:  31,787Market Cap:  $395,668,461,47124h Vol:  $105,978,158,211BTC Dominance:  60.7%
Market Cap:  $395,668,461,47124h Vol:  $105,978,158,211BTC Dominance:  60.7%Cryptocurrencies:  7,486Markets:  31,787
Dusk Network

Dusk Network (DUSK)

$0.040843 USD (7.91%)
0.00000315 BTC (5.58%)
0.00132069 BNB (4.53%)
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  • Market Cap
    $11,183,662 USD
    861.82049598 BTC
    361,635 BNB
  • Volume (24h)
    $182,833 USD
    14.08925400 BTC
    5,912 BNB
  • Circulating Supply
    273,821,673 DUSK
  • Total Supply
    500,000,000 DUSK
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About Dusk Network

Dusk Network price today is $0.040843 USD with a 24-hour trading volume of $182,833 USD. Dusk Network is up 7.91% in the last 24 hours. The current CoinMarketCap ranking is #490, with a market cap of $11,183,662 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$0.040843 USD
Dusk Network ROI
No Data
Market Rank#490
Market Cap$11,183,662 USD
24 Hour Volume$182,833 USD
Circulating Supply273,821,673 DUSK
Total Supply500,000,000 DUSK
Max SupplyNo Data
All Time HighNo Data
All Time LowNo Data
52 Week High / LowNo Data
90 Day High / LowNo Data
30 Day High / LowNo Data
7 Day High / LowNo Data
24 Hour High / LowNo Data
Yesterday's High / LowNo Data
Yesterday's Open / CloseNo Data
Yesterday's ChangeNo Data
Yesterday's VolumeNo Data
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