Dusk Network

Overview of Dusk Network

  • Dusk Network uses zero-knowledge cryptography to allow network participants to prove the correct outcome of a wide range of operations (i.e., transacting a lawful amount of tokens, participate to a blind bidding auction, prove right-to-access to a service, etc) without revealing identities or any transaction details while provide proof of correct computation in a trustless manner.
  • Dusk Network, a privacy blockchain for regulated decentralized finance, today announced it will integrate with Chainlink, a decentralized oracle network that provides reliable, tamper-proof inputs and outputs for complex smart contracts on any blockchain.
  • Dusk Network is currently in testnet phase and aims to be a blockchain protocol designed for easy deployment of programmable Zero Knowledge dApps, thus becoming the backbone of an open, permissionless and global privacy-oriented dApp ecosystem.
  • Dusk Network is the first blockchain company in The Netherlands issuing a grants program this size.Creating and facilitating job opportunitiesThe Program is estimated to fund over 35.000 hours of work related to the Dusk ecosystem.
  • The Dusk Network is geared towards decentralization, privacy, and efficiency, utilizing an anonymous transport layer which obfuscates IP Addresses whilst still allowing for high-data-rate transmission which include streaming.
  • Dusk Network began two years ago when tech experts Emanuele Francioni and Fulvio Venturelli joined forces with business experts Jelle Pol, Pascal Putman and Mels Dees to create the Dusk Network privacy infrastructure.
  • Dusk Network’s funding comes in addition to 7.4 million euros (~$8.85 million) it raised during a private sale in 2018, Pol told The Block, noting that the upcoming security token exchange is a separate entity.
  • Dusk Network aims to build the developer and end user communities by providing the proper documentation on code, academic research papers, package managers, tools and campaigns to drive adoption of the chain.
  • Dusk Network envisions a financial industry that embraces innovation and provides equal opportunity for any organization to secure capital, trade assets and access a full spectrum of financial services.
  • Dusk Network maintains strong partnerships within the ecosystem: Blockventure coalition, Switcheo Network, GSR, and Blonde 2.0 – which should drive fast growth of its community.
  • Blockchain

    Already,
    the daily trading volumes of Dusk token exceed $2.2 million and with an
    ambitious path, it only means that institutions seeking to invest on blockchain
    startups whose tokens or dApps are regulated and compliant with the existing
    laws would find it easy to settle on the Dusk Network.Investing on any STO
    based on the XSC smart contracts mean payment in Dusk.

    Network

    Dusk aims to create a viable security token market and bring together businesses, regulators, and financial institutions.Dusk Network enables investors to exchange data privately and transfer ownership assets (e.g.It implements a real-time payment channel (a pay-as-you-go model) and rapid peer-to-peer data communication.security tokens).The company has developed a framework that appeals to traditional and institutional investors, who cannot invest easily due to legal structures, creating an opportunity for Dusk Network to become a favored destination for STOs, as a one-stop shop platform to issue security tokens, with easy and fully compliant onboarding.

    Regulation

    Note
    that in line with their goal of providing privacy and concurrently adhering to
    regulator’s requirements, Dusk Network complies with AML and KYC regulations
    meaning there is an element of whitelisting, privacy compliance, management of contractual
    restrictions and adequate support for clients whenever transactions fail.

    Transactions

    Besides, there is a one-time fee levied for a Confidential Security Contract
    that is published on the network.This is for incentivizing stake holders who
    processed the information.Typical
    of any public blockchain, every transaction within the Dusk Network attracts a
    network fee which is then used to sustain the operations of the platform and
    the fees are levied on both Dusk transactions and XBC-based securities.

    What is Dusk Network?

    The DUSK Network is a decentralized infrastructure that enables fast, anonymous bi-directional transmission of data among equipotent peers, paid for by a privacy-oriented cryptocurrency: DUSK.DUSK Network was conceived to be the first unrestricted and fully distributed communication network that does not compromise high data-rate transmission capabilities with the security and anonymity of its peers.

    Can I transfer my reservation?

    Unfortunately, your reservation number is non-transferable.You would need to cancel the reservation to allow a new reservation under a different name.

    Can I update or make changes to my reservation?

    You’ll be able to make updates to your reservation in edit my configuration until it locks.If you have changes to make, now is a good time to do so.If you’re not ready, we’ll give you a heads up (via email) on specifics about when your configuration will lock as it enters production.

    Dusk Network: What is it?

    The network is a decentralised infrastructure that delivers transactional privacy, while enabling auditability and compliance.Dusk also allows the creation of zero-knowledge dApps.

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    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.

    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.

    Can I cancel my reservation for any reason?

    You can cancel your reservation online at any time in the process until the vehicle is picked up at the designated dealer.Just go to myVW and select ‘cancellation’.

    What is LTO Network?

    LTO Network is a hybrid blockchain for securing, verifying and exchanging business critical information.

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    How will my deposit be refunded?

    We will credit the entire reservation fee and vehicle deposit (if applicable) back to the original credit card on file used for reserving your car.You may check your payment details in through MyVW , during the cancellation process, or in the general dashboard after the cancellation.

    Can I use the deposit amount for other products or accessories?

    Unfortunately, you cannot use the deposit amount for other products or services.If you have further questions, you can contact Volkswagen Customer CARE through chat or by phone at 1-800-822-8987.

    Can I test drive before I buy?

    Most dealers will have an ID.4 available for test drive so you can get behind the wheel before you purchase.

    When will I receive my car?

    You can see the estimated time of arrival (ETA) in the delivery tracker, available through MyVW .You can also get updates every step of the way so you can stay informed by this portal and via email.

    Thinking about a career at Dusk?

    We are always open to connect with talented people.

    What are the dates of the Dusk Network token sale on Ethfinex?

    The Dusk Network token sale will take place between October 26th and November 9th, 2018.Registrations for the token sale close on November 5th.

    What is the hard cap of the Ethfinex Dusk Network sale?

    Dusk have made approximately $1,000,000 of DUSK tokens available to Ethfinex users, out of their $14.4m overall raise.

    Where is my personal data stored?

    To learn more about your personal data and how it’s stored, please see our privacy policy.

    What is the Dusk Network?

    The Dusk Network is a privacy blockchain that is focused on the issuance of digital securities, aiming to make trading compliance automatic, while maintaining individual user privacy and auditability.

    What hashing algorithm does Dusk Network use?

    Dusk Network is a coin that uses the ETH Token algorithm.

    How often will I get updates?

    You’ll be updated at every step of the delivery process, with progress emails when your car is being built, being shipped, and other content that will help you prepare for life as an EV owner.

    How do I buy Dusk Network?

    It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Dusk Network.

    When will I be able to purchase the car?

    We’ll give you a heads up when the vehicle is ready to purchase through the delivery tracker, available through MyVW .At that time, you must contact your selected dealer to finalize your purchase.Don’t worry, we’ll also send you an email.

    What is the price of Dusk tokens?

    Each DUSK token is priced at $0.0576.

    What is a VW ID and why do I need one?

    A VW ID is how you save and manage your personal and reservation information and is also required to reserve an ID.4.

    How far can I drive?

    The ID.4 Pro S and 1st Edition can take you where you need to go with an EPA estimated 25025 miles of range.Range for all other versions is not yet available and will vary.

    Where to?

    The Volkswagen ID.4 Pro S and 1st Edition electric vehicles can take you where you need to go with an EPA Estimated Range of 250 miles4.Range for all other versions is not yet available and will vary.

    What is Dusk Network?

    Dusk is a blockchain-powered network that simultaneously guarantees transaction confidentiality and aspects of regulatory compliance on chain.

    What is instant torque?

    Driving the VW ID.4 is instant fun.From the moment your foot hits the pedal, you can enjoy instantaneous, powerful acceleration.With the ID.4 1st Edition, you have the force to jump from 0-60 in just 7.8 seconds20—thanks to the electric motor.

    What coins are similar to Dusk Network?

    The following coins use Dusk Network’s ETH Token algorithm and proof-type: Chainlink, THETA, Binance USD, DREP, DREP [old], PancakeSwap, Aave, Maker, FTX Token, Huobi Token, Crypto.com Coin, Dai, Polygon, Chiliz and Holo.

    What is the Reddit page for Dusk Network?

    The official Reddit community (subreddit) for Dusk Network is r/DuskNetwork.

    What is regenerative braking?

    Every time you take your foot off the accelerator or when braking, excess kinetic energy is stored for later use allowing for an efficient driving experience.

    Where can I get Dusk Network wallet?

    Dusk Network produces its own wallet software that is available for download on its website, which allows you to store Dusk Network on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

    What is the individual ETH contribution min/max I can contribute?

    The individual allocation is targeted to be $5000 in ETH.The individual amount of ETH will be set at the beginning of the draw period but may change if the price of ETH/USD varies greatly during the two week draw entry period.

    What is the value of Dusk Network?

    One Dusk Network (DUSK) is currently worth $0.27 on major cryptocurrency exchanges.You can also exchange one Dusk Network for 0.00000489 bitcoin(s) on major exchanges.The value (or market capitalization) of all available Dusk Network in U.S.dollars is $99.05 million.

    Will you share my reservation information with my dealer?

    We value your privacy.At certain points in the reservation process, we will share your information with your selected dealer to finalize your purchase and delivery.Please review the terms and conditions or more detail.

    History of Dusk Network