Web3 claims full transparency; everything on the chain is under the sunlight. But this transparency is becoming a nightmare for large capital.
Imagine if Blackstone's trillion-dollar assets managed on-chain, would they agree to let competitors scan every fund flow in real-time? The answer is obvious—it's simply impossible. This explains why the concept of RWA (Real-World Assets) is booming, yet genuine institutional funds remain elusive. Speed in TPS is not the issue; the problem is that the financial world needs a "bulletproof vest."
Traditional privacy coins have taken a wrong turn; they were born to evade regulation. But Dusk Network chose a different path—compliant privacy. It sounds like a paradox, but it cleverly solves this dilemma through zero-knowledge proof technology:
You can prove that you are a qualified investor, that your funds are legitimate, and that you meet compliance checks. At the same time, you don't need to disclose sensitive information like your real identity or specific transfer amounts. The Succinct Attestation protocol is designed for this purpose; it creates an on-chain channel for traditional financial institutions that preserves privacy while complying with regulatory frameworks. This is exactly what institutional funds truly need.
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RiddleMaster
· 3h ago
Transparency is a facade; the big players just want an invisibility cloak.
Blackstone and their crew have long seen through it. RWA is extremely popular, but real gold and silver are still on the sidelines. Ultimately, they just don't want to be exposed.
The compliance and privacy approach is interesting. Zero-knowledge proofs are indeed a killer feature. Finally, someone has thought of this.
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CryptoTarotReader
· 3h ago
Well, basically it's about wanting to have both fish and bear's paw.
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I trust Dusk's logic, but the problem is, will institutions really use it?
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Compliance and privacy sound sophisticated, but they're actually just a false proposition.
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No matter how advanced zero-knowledge proofs are, they can't change one reality: big funds simply don't trust the chain.
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All these talks ultimately boil down to the fact that on-chain finance hasn't done what it should.
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If Blackstone and that group really go on-chain, it would be even more absurd; no matter how many layers of armor, trust issues can't be solved.
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Wait, doesn't that mean privacy coins are actually a false demand?
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I actually think this exposes the biggest problem in Web3 — institutions' funds can't be stopped at all.
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CryptoDouble-O-Seven
· 3h ago
It should have been played this way all along: privacy + compliance are the way to go, traditional finance is just following this approach.
Web3 claims full transparency; everything on the chain is under the sunlight. But this transparency is becoming a nightmare for large capital.
Imagine if Blackstone's trillion-dollar assets managed on-chain, would they agree to let competitors scan every fund flow in real-time? The answer is obvious—it's simply impossible. This explains why the concept of RWA (Real-World Assets) is booming, yet genuine institutional funds remain elusive. Speed in TPS is not the issue; the problem is that the financial world needs a "bulletproof vest."
Traditional privacy coins have taken a wrong turn; they were born to evade regulation. But Dusk Network chose a different path—compliant privacy. It sounds like a paradox, but it cleverly solves this dilemma through zero-knowledge proof technology:
You can prove that you are a qualified investor, that your funds are legitimate, and that you meet compliance checks. At the same time, you don't need to disclose sensitive information like your real identity or specific transfer amounts. The Succinct Attestation protocol is designed for this purpose; it creates an on-chain channel for traditional financial institutions that preserves privacy while complying with regulatory frameworks. This is exactly what institutional funds truly need.