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The rapid changes in the crypto world are unbelievable. A hot topic hasn't cooled down before a new story emerges. But in this restless environment, one project stands out as particularly unconventional—Dusk.
Since its establishment in 2018, it has been refining its mainnet. Some question its progress, but those who understand technology know how difficult it is to build a Layer 1 privacy public chain. This isn't just a simple engineering challenge; it involves cryptography, financial compliance, and any small vulnerability could lead to disaster.
Dusk is taking the hardest path. It didn't choose to fork existing code but instead developed everything from scratch—from the underlying virtual machine Piecrust, to consensus mechanisms, and zero-knowledge proof circuits. What does this choice mean? It means every step must be repeatedly verified, and every line of code must stand the test of time.
In finance, stability is key. Projects assembled quickly may have short-term hype, but can they support future asset flows? Can they maintain system security under extreme market conditions? These are the real considerations.
What seems slow now is to ensure that in the future, it can reliably support assets worth hundreds of trillions. For participants, what’s truly worth waiting for isn’t fleeting surges, but something that can withstand bull and bear markets and ultimately change the game. This is the victory of long-termism.