[ANN] | DUSK Network | Privacy-oriented blockchain for Digital Securities!

[DuskNetwork]

I also appreciate that the team informs users here on the forum in such a detailed way of the excellent progress made by the project, i deduce that the private sale is going well with investments beyond the expectations of the team,that is the reason for the hard cap rise, it means that there are many people who believe in this project...

There is a great amount of demand from value-adding sale participants in our project. If we hadn't raised the cap we would be missing out on a lot of value contributors to the project. With this new cap we will also be able to speed up the development process, increase our marketing efforts, onboard corporate partnerships and conclude agreements with one of the world's leading exchanges. Since we increased the hardcap we also decided it would be more beneficial to the longevity of the platform if we removed the bonusses. More information about this will follow!

[MattLeBlanc]

I also appreciate that the team informs users here on the forum in such a detailed way of the excellent progress made by the project, i deduce that the private sale is going well with investments beyond the expectations of the team,that is the reason for the hard cap rise, it means that there are many people who believe in this project...

There is a great amount of demand from value-adding sale participants in our project. If we hadn't raised the cap we would be missing out on a lot of value contributors to the project. With this new cap we will also be able to speed up the development process, increase our marketing efforts, onboard corporate partnerships and conclude agreements with one of the world's leading exchanges. Since we increased the hardcap we also decided it would be more beneficial to the longevity of the platform if we removed the bonusses. More information about this will follow!

I dont think bonuses are needed for a project like this. I feel you will easily reach the soft cap and go towards Hardcap. Dont worry if you wont reach the hard cap because literally 99.9% of the projects are not able to reach it in this market.

[DuskNetwork]

Is Dusk have a own blockchain? And is Dusk have a protocol masternode?

Yes, we are building our own blockchain! I recommend you check out "Dusk in a Nutshell" which explains the Dusk Network in further detail!

Part 1; https://medium.com/dusk-network/dusk-in-a-nutshell-50b6e8a17c00

Part 2; https://medium.com/dusk-network/the-anonymous-network-layer-explained-ccb93fd222ca

Part 3; https://medium.com/dusk-network/sba-in-a-nutshell-67e5ae29489b

[DuskNetwork]

Too much confidence increases the risk of failure but they are well known people in their areas so i don't think it can be an issue for dusk.

Too much confidence indeed increases the risk of failure, rest-assured we didn't take this decision lightly and a lot of careful consideration went into the making of this decision!

[DuskNetwork]

I know a lot of private coins already (Dash, Monero, Zcash, Spectrecoin, Deeponion). What advntages you offer before this coins?

Dusk is more than a privacy coin. I'd suggest you checkout our FAQ; https://dusk.network/faq/

[DuskNetwork]

I was just checking out the Dusk Github organization and noticed it has 4 members. Now I see there is also a new blog post announcing 2 new members one of which is already in the Dusk Github organization.

https://medium.com/dusk-network/adding-a-wealth-of-knowledge-to-dusk-core-46b57ab9eb92

The code is developed in a private Github repository and will be made public in sections after each section passes a security audit. An article detailing the development progress will be published each month.

[omwibya]

I was just checking out the Dusk Github organization and noticed it has 4 members. Now I see there is also a new blog post announcing 2 new members one of which is already in the Dusk Github organization.

https://medium.com/dusk-network/adding-a-wealth-of-knowledge-to-dusk-core-46b57ab9eb92

The code is developed in a private Github repository and will be made public in sections after each section passes a security audit. An article detailing the development progress will be published each month.

thanks for letting us know guys. looking forward to seeing the progress.

[cevap]

I also appreciate that the team informs users here on the forum in such a detailed way of the excellent progress made by the project, i deduce that the private sale is going well with investments beyond the expectations of the team,that is the reason for the hard cap rise, it means that there are many people who believe in this project...

There is a great amount of demand from value-adding sale participants in our project. If we hadn't raised the cap we would be missing out on a lot of value contributors to the project. With this new cap we will also be able to speed up the development process, increase our marketing efforts, onboard corporate partnerships and conclude agreements with one of the world's leading exchanges. Since we increased the hardcap we also decided it would be more beneficial to the longevity of the platform if we removed the bonusses. More information about this will follow!

Looks like you spend a lot of time thinking it through. I hope everything will go according to plan.
Also, great to hear you guys will do monthly progress development updates, those are very important to the community.

[bitcoinbulk]

Really glad you are removing the bonuses. I have raised the issue with bonuses before. Besides hindering decentralization, they distort the market in such a way much of the risk is transferred from private sale investors to public sale investors. I hope other projects follow this fair practice of equal risk and opportunity.

I'd have to agree with this sentiment. During an IPO with a traditional company that is going public, do they have bonuses for people that buy the IPO early? Or do investors that invest more get a better deal?

As far as I know, I would think not, but I'm generally interested.

[traveler007]

I know a lot of private coins already (Dash, Monero, Zcash, Spectrecoin, Deeponion). What advntages you offer before this coins?

Dusk is more than a privacy coin. I'd suggest you checkout our FAQ; https://dusk.network/faq/

What you mean? You will have smart-contracts for creatin tokens like Ethereum as well? Whats mean your Consensus "SBA⋆" ?

[mr.robot8]

I was just checking out the Dusk Github organization and noticed it has 4 members. Now I see there is also a new blog post announcing 2 new members one of which is already in the Dusk Github organization.
https://medium.com/dusk-network/adding-a-wealth-of-knowledge-to-dusk-core-46b57ab9eb92

This was mentioned earlier, about the expansion of the team, I hope that good members and advisers join the project and help in its development and expansion

maybe the other members were added later in a second time, i hope they update it on github so that users can have a complete picture of the team, i think the various countries will not like the new network of dusk

[Makkara]

I know a lot of private coins already (Dash, Monero, Zcash, Spectrecoin, Deeponion). What advntages you offer before this coins?

None of those coins has features which will allow to transfer data safely, this is one of the major difference they are trying to sell

[loup]

I know a lot of private coins already (Dash, Monero, Zcash, Spectrecoin, Deeponion). What advntages you offer before this coins?

None of those coins has features which will allow to transfer data safely, this is one of the major difference they are trying to sell

It looks like the market is a bit stacked in this area. It's difficult to know if transfering sate safely is going to be enough to make a difference respect to their competition.

[iad_xo]

what currency DUSK platform going to accept for STO? is it only going to be DUSK token?  how regulation going to have any impact on DUSK token or going to be count as utility token?

[o48o]

Would you consider doing chat with Ivanontech? He is a coder/youtuber who could dumb down and explain to investors the pros and cons of your concept. He does github reviews as well.

[batako]

I know a lot of private coins already (Dash, Monero, Zcash, Spectrecoin, Deeponion). What advntages you offer before this coins?

None of those coins has features which will allow to transfer data safely, this is one of the major difference they are trying to sell

Each projects have their own advantages and dusk can explore the data transfer stuffs to make it different with other similar projects out there.

[kraterion]

I know a lot of private coins already (Dash, Monero, Zcash, Spectrecoin, Deeponion). What advntages you offer before this coins?

None of those coins has features which will allow to transfer data safely, this is one of the major difference they are trying to sell

And ScamOnion...sorry DeepOnion isn't really anonymous since we know that it's based on the same tech of Verge which we know that isn't really anonymous. Btw, when your perform a transfer on those blockchains, you're transfering data basically

[belechau]

I know a lot of private coins already (Dash, Monero, Zcash, Spectrecoin, Deeponion). What advntages you offer before this coins?

None of those coins has features which will allow to transfer data safely, this is one of the major difference they are trying to sell

And ScamOnion...sorry DeepOnion isn't really anonymous since we know that it's based on the same tech of Verge which we know that isn't really anonymous. Btw, when your perform a transfer on those blockchains, you're transfering data basically

So basically you are saying that if this project is implemented successfully, then this could be a big hit among crypto enthusiasts favoring coins focused on anonymity. Right?

If this is the positioning done, it was well placed, I would not judge flawed something being implemented comparing to previous things, what more is in relation to previous ones, is the space for improvement. All the quoted projects actually began with good intentions of true change, but got lost on the way somehow

[Amelie Poulain]

I know a lot of private coins already (Dash, Monero, Zcash, Spectrecoin, Deeponion). What advntages you offer before this coins?

None of those coins has features which will allow to transfer data safely, this is one of the major difference they are trying to sell

And ScamOnion...sorry DeepOnion isn't really anonymous since we know that it's based on the same tech of Verge which we know that isn't really anonymous. Btw, when your perform a transfer on those blockchains, you're transfering data basically

So basically you are saying that if this project is implemented successfully, then this could be a big hit among crypto enthusiasts favoring coins focused on anonymity. Right?

If this is the positioning done, it was well placed, I would not judge flawed something being implemented comparing to previous things, what more is in relation to previous ones, is the space for improvement. All the quoted projects actually began with good intentions of true change, but got lost on the way somehow

I think that all these projects are experiencing a crisis period due this market, perhaps everything will change when the bull market comes and teams of these projects would be work at full strength with new enthusiasm.

[rjp55]

I know a lot of private coins already (Dash, Monero, Zcash, Spectrecoin, Deeponion). What advntages you offer before this coins?

None of those coins has features which will allow to transfer data safely, this is one of the major difference they are trying to sell

Also there is a table in this thread shows the main differences between mentioned project, maybe that table is in whitepaper too?