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

[beeelzebub]

I saw news that former General Manager of BitPay and Mastercard - Marcel Roelants joined to Duck project. Can you explaine in which role he joined? (which position he take in your project) ? And link to Medium does not work anymore... why?

https://twitter.com/DuskFoundation/status/1048147815388663809

Bitpay and Mastercard! Wow what a cv.


An article about him and his role would be amazing i must say. It can draw more attention easily.

[lobat999]

I saw news that former General Manager of BitPay and Mastercard - Marcel Roelants joined to Duck project. Can you explaine in which role he joined? (which position he take in your project) ? And link to Medium does not work anymore... why?

https://twitter.com/DuskFoundation/status/1048147815388663809

Bitpay and Mastercard! Wow what a cv.


An article about him and his role would be amazing i must say. It can draw more attention easily.

I think he will contribute to the project by sharing his experience and expertise on his previous jobs which is quite relevant.

[o48o]

Independent rating platform Icobench rated this project 4.0/5.0, this is good result: https://icobench.com/ico/dusk-network

To be honest i don't care what Icobench says anymore after they praised and promoted hashrental scam and then quietly removed it after the ico.
And only 4? Dusk is a 5/5 anyway in my books.

[matjas]

Independent rating platform Icobench rated this project 4.0/5.0, this is good result: https://icobench.com/ico/dusk-network

To be honest i don't care what Icobench says anymore after they praised and promoted hashrental scam and then quietly removed it after the ico.
And only 4? Dusk is a 5/5 anyway in my books.

This is just so sad. I don't know who relies on these rating websites. They have some sort of algorithm that is far from covering all potential factors that contribute to a success of a project and they think they can produce a trustworthy opinion. So misleading sometimes.

[DuskNetwork]

Seems like a solid project, but I can't fathom how one can possibly hope to create a scalable distributed network that can handle bulky media network traffic while also promising anonymity. People usually have a hard enough time tackling those problems separately.

You can read more about it here; https://medium.com/dusk-network/secure-tunnel-switching-explained-39cb1e420019

[DuskNetwork]

This seems interesting. But there KYC date will not be avaliable for third parties? It will be safe for people? And I asked about capabilities create tokens, not about launch ICOs only and KYC.

Could you rephrase the question? I honestly have no clue what you're asking about

[DuskNetwork]

Whitepapers are aimed at a very wide range of people most of them don't have advanced technical knowledge, so it should be understandable if you ask me. At least basics, so everybody could understand what the project is about at its core.

The whitepaper is technical because we're a research project about an advanced blockchain protocol. We can't show an MVP of sorts as that would have no meaning to us. Nowadays most whitepapers are full of buzzwords. Dusk research paper is exactly the opposite and way more advanced. It goes to a great extent to describe accurately the technology used and the algorithm. You won’t find details of business development or even use cases. This is because it is intended as a development manifesto (a proof of concept - similar to what an aforementioned prototype or MPV would prove) of a complete system with all components laid out and specified quite formally.

We have released a mini series on Medium called "Dusk in a nutshell" which covers some of the more technical parts in the whitepaper and explain them in a somewhat easier manor.

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]

I saw news that former General Manager of BitPay and Mastercard - Marcel Roelants joined to Duck project. Can you explaine in which role he joined? (which position he take in your project) ? And link to Medium does not work anymore... why?

https://twitter.com/DuskFoundation/status/1048147815388663809

You can find the information you're looking for here: https://medium.com/@DuskNetwork/marcel-roelants-joins-dusk-network-as-strategic-advisor-292da1e3a1c

The reason to why it was deleted had something to do with the image, it was re-uploaded a few minutes after 

[DuskNetwork]

Nicolas Cimon joins Dusk Network as Strategic Advisor

We are delighted to announce that Nicolas Cimon, Managing Director of Cross Border Consulting, and former Senior Associate in Securities, is joining the Dusk Foundation as a Strategic Advisor for the Dusk Network.



Nicolas Cimon has 20 years of experience in the legal and consulting business working in Canada and Europe and serving clients in Europe, Middle East and Africa. Nicolas worked as a securities lawyer for Ogilvy Renault (now Norton Rose Fulbright) in Canada and Freshfields Bruckhaus Deringer in France. He was involved in major initial public offerings of securities, issuance of debt and hybrid securities and takeovers of publicly listed corporations in Canada, US and Europe. In particular, Nicolas was involved in the IPO of the pan-European exchange Euronext. As a consultant, Nicolas is executing strategic recruitments for international law firms, investment banks and leading blockchain technology companies.

Nicolas graduated in law at Laval University in Quebec, Canada and completed an MBA at Laval University and Universidad Nacional de Córdoba in Argentina. He is fluent in English, French and Spanish.

The Dusk Foundation will benefit strongly from his expertise as a legal counsel in the securities industry to navigate through the different legal systems and setting up the standard for a decentralized privacy network and Security Token Offerings.

How to learn more about Dusk Network
The Dusk Network is a project coordinated by the Dusk Foundation. We are a decentralized ecosystem entirely focused on providing the perfect trade-off between privacy and transparency. Dusk protects privacy and fits regulations in payments, communications and asset transfers.

Please consider joining us at the following media:

• Website
• FAQ
• Telegram
• Twitter
• Reddit
• LinkedIn
• GitHub

[bitcoinbulk]

Seems like a solid project, but I can't fathom how one can possibly hope to create a scalable distributed network that can handle bulky media network traffic while also promising anonymity. People usually have a hard enough time tackling those problems separately.

I share your thoughts also but according to the team this is a research project and its normal that it has complexities. In this sense, we should rather trust the ability of the team to deliver it.

Since this is a research project do you worry about how long it can take to achieve some of the items? Do you have any concerns that the timeline can get stretched out much longer than the planned roadmap?

[DuskNetwork]

Seems like a solid project, but I can't fathom how one can possibly hope to create a scalable distributed network that can handle bulky media network traffic while also promising anonymity. People usually have a hard enough time tackling those problems separately.

I share your thoughts also but according to the team this is a research project and its normal that it has complexities. In this sense, we should rather trust the ability of the team to deliver it.

Since this is a research project do you worry about how long it can take to achieve some of the items? Do you have any concerns that the timeline can get stretched out much longer than the planned roadmap?

Our roadmap was based on reaching the original cap of 7.8m funding. Now that we have increased the cap there will be more funds to hire more of the world’s leading developers, thus speeding up our present timeline and securing our competitive foothold.

More about our updated take sale can be read here; https://medium.com/dusk-network/dusk-network-sale-update-6bcbeeef0b1f

[jonnytracker]

The data revolution.. I dont see why data project are so hype this days..  Havent we seen lots of data project recently what is new about his one ? maybe i need to go through whitepaper before commenting

[DuskNetwork]

The data revolution.. I dont see why data project are so hype this days..  Havent we seen lots of data project recently what is new about his one ? maybe i need to go through whitepaper before commenting

Dusk Network basically focuses on providing the right confidentiality in the 3 different scenario that render the platform a true network:

1 - Unidirectional atomic transfer of value (basically, payments)
2 - Bidirectional atomic exchange of value (transfer of asset ownership - securities "STO's" fall in this category)
3 - Time unbound exchange of value (transmission of data stream - such as audiovisual conferencing, content streaming, etc)

If you have any questions, feel free to ask

[loup]

Seems like a solid project, but I can't fathom how one can possibly hope to create a scalable distributed network that can handle bulky media network traffic while also promising anonymity. People usually have a hard enough time tackling those problems separately.

I share your thoughts also but according to the team this is a research project and its normal that it has complexities. In this sense, we should rather trust the ability of the team to deliver it.

Since this is a research project do you worry about how long it can take to achieve some of the items? Do you have any concerns that the timeline can get stretched out much longer than the planned roadmap?

That's true there are always unexpected problems in any research so is difficult to put a deadline. I guess the have estimated one date taking into acccount all the possible problems.

[o48o]

Nicolas Cimon joins Dusk Network as Strategic Advisor

We are delighted to announce that Nicolas Cimon, Managing Director of Cross Border Consulting, and former Senior Associate in Securities, is joining the Dusk Foundation as a Strategic Advisor for the Dusk Network.



Nicolas Cimon has 20 years of experience in the legal and consulting business working in Canada and Europe and serving clients in Europe, Middle East and Africa. Nicolas worked as a securities lawyer for Ogilvy Renault (now Norton Rose Fulbright) in Canada and Freshfields Bruckhaus Deringer in France. He was involved in major initial public offerings of securities, issuance of debt and hybrid securities and takeovers of publicly listed corporations in Canada, US and Europe. In particular, Nicolas was involved in the IPO of the pan-European exchange Euronext. As a consultant, Nicolas is executing strategic recruitments for international law firms, investment banks and leading blockchain technology companies.

Nicolas graduated in law at Laval University in Quebec, Canada and completed an MBA at Laval University and Universidad Nacional de Córdoba in Argentina. He is fluent in English, French and Spanish.

The Dusk Foundation will benefit strongly from his expertise as a legal counsel in the securities industry to navigate through the different legal systems and setting up the standard for a decentralized privacy network and Security Token Offerings.

How to learn more about Dusk Network
The Dusk Network is a project coordinated by the Dusk Foundation. We are a decentralized ecosystem entirely focused on providing the perfect trade-off between privacy and transparency. Dusk protects privacy and fits regulations in payments, communications and asset transfers.

Please consider joining us at the following media:

• Website
• FAQ
• Telegram
• Twitter
• Reddit
• LinkedIn
• GitHub

You really are getting the best advisors as in bringing some value to the project. I hate when some icos hire some twitter stars for that job.

[Rigorous]

Not to rain on your parade, but I have seen a lot of projects cheerily announce advisors only to give them tokens in exchange for their name. How can I be sure you are not just namedropping to create hype but have those advisors actually advise the project?

[iad_xo]

I know DUSK token is utility but STO might not be count as utility token. Is STO transfer to other platform or exchange require KYC? is there any white listing feature will be who already done KYC once?

[jonnytracker]

Not to rain on your parade, but I have seen a lot of projects cheerily announce advisors only to give them tokens in exchange for their name. How can I be sure you are not just namedropping to create hype but have those advisors actually advise the project?

you can know them by evidence of video footage or conference image as proof of participation.

[DuskNetwork]

Not to rain on your parade, but I have seen a lot of projects cheerily announce advisors only to give them tokens in exchange for their name. How can I be sure you are not just namedropping to create hype but have those advisors actually advise the project?

Advisors:

• Aylon Morley — Tech Investment Director at Wentworth Hall

Aylon is helping us with managing investments.

• Gary Quin — Credit Suisse, BlackRock Communications

Gary is helping us in the Telecommunications field, gives us access to third-party consultants and is directing the commercial attractiveness of the project.

• Richard Sanders — CipherBlade, Energi, FBI

Richard is helping us by giving valuable insights in cybersecurity, intelligence and government space.

• James Roy Poulter — The Reserve, EY, Playfair Capital

James (TheReserve) is helping us with funding and partnerships. They manage our entire allocation.

• Marcel Roelants—  General Manager of BitPay, and former General Manager of GE and MasterCard

Marcel is helping us by providing his expertise in delivering growth and will help us get to the masses.

[DuskNetwork]

I know DUSK token is utility but STO might not be count as utility token. Is STO transfer to other platform or exchange require KYC? is there any white listing feature will be who already done KYC once?

To help third parties to meet the legal requirements of their ownership transfer use-case, the Dusk protocol provides optional on-chain operations of white-listing (using Zero-Knowledge Cryptographic Accumulators). In the sensitive case of securities, we are also developing a Confidential Security Token Standard that allows third parties to issue security tokens on top of the Dusk Network (the XST standard). Security tokens implementing the XST will have both privacy (i.e. investment and market positions are not openly broadcasted on the ledger) and Regulatory Compliance data (transfer of these tokens can happen only if purchasers add to the transaction KYC data satisfying regulatory requirements) embedded directly in the transaction protocol.

Dusk decouples the (centralized) KYC/AML vendor process from the (decentralized) security issuance and transaction arbitration with the aid of time-locked accumulators. Cryptographic accumulators are ideal for implementing zero-knowledge white/black listing accreditation of (un-)compliant investors and automated accreditation. Also, expiry mechanism can be added for forcing rechecks. It roughly works in the following way: as soon as the KYC/AML process completes, the transactor identifier (basically his/her registered wallet address, but it can also be something else, i.e. biometric data, etc) is committed to the accumulator, which remains opaque and discloses nothing of its set. A witness (called compliance witness) is thus generated and returned to the applicant. Such witness is the proof of set inclusion. From that point on, all transactions related to that particular asset class (token) must include the compliance witness.

I hope this answers your question