DUSK Network Partners With QuantozPay

DUSK Network has announced a new partnership with QuantozPay, a digital euro designed to be fully MiCA compliant. The digital euro will be issued on DUSK Network.

DUSK Info

Dusk Network is a Layer-1 blockchain designed to provide confidentiality, programmability, and data verification capabilities.

The main goal of Dusk Network is to create a secure and confidential blockchain platform that can be used for various financial applications such as digital assets, securities, and contracts. The platform places a strong emphasis on privacy, as it ensures transaction and smart contract confidentiality.

One of the unique features of Dusk Network is its consensus mechanism, which combines elements of Proof of Stake (PoS) and Zero-Knowledge Proofs (ZKP). This allows for confidential transactions without compromising security and scalability.

The DUSK token is utilized within the Dusk Network ecosystem to incentivize network participation and support. Additionally, the token is used for transaction fees and smart contract deployment.