2026-01-13 05:20:37

I've been a bit annoyed lately by cross-border transfer issues. Last week, I sent some money, and the fee alone was over 300 yuan, plus I had to wait two days for it to arrive. Guess what—two days ago, using the same phone, I completed a transaction in just three minutes, and it was completely private. This really motivated me to stay up researching until dawn.

Speaking of this discovery, I have to thank my best friend. She works in investment banking and suddenly sent me a voice message at 1 a.m. saying the industry is about to be transformed, and she recommended I check out the Dusk Network project. At first, I thought it was just a small coin, but after looking into it, I realized—this project was established in 2018, with over 200 million tokens staked, and its latest valuation isn't low.

What really attracted me was a sentence: "Transactions are completely private, but you can generate tax reports with one click." That's exactly what I've been looking for. You can trade as you wish, and if you want to make your account information public, you can do so—it's entirely up to you. Those traditional banks and brokerages that always require KYC verification now seem a bit outdated.

The most exciting news is that the DuskEVM mainnet is launching this week. In simple terms, existing DeFi and NFT projects on Ethereum can be directly migrated to this network to run. Plus, it comes with privacy features—your transaction amounts and holdings can be encrypted and protected. But if you need to file taxes or undergo an audit, the system can automatically generate detailed reports in a compliant manner. This "balancing fish and bear's paw" design truly gave me a lot of inspiration.

DUSK-2,58%

ETH-1,28%

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WalletDoomsDay

· 15h ago

Three hundred yuan in fees? I just laughed. Traditional finance is just like this, cutting the leeks. Privacy transactions can still automatically report taxes, this is true freedom. No wonder the sisters are promoting it crazily at midnight. Is DuskEVM about to launch? Wait, let me do some research first. I have a feeling there's more good shows to watch. That KYC process used by banks should have been discarded long ago. Why are they always digging into privacy? But staking two billion tokens, now that's really ruthless. How about stocking up before the mainnet goes live? Are there any moves, friends? Really can be done in three minutes? I'm still waiting for the bank's review. Now all projects on Ethereum will have to consider migration. The landscape has changed. One-click compliance and privacy, feels like a new approach has been opened up. Once DuskEVM launches, I'll give it a try. I don't believe it will be more scammy than banks.

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SerRugResistant

· 23h ago

Three hundred yuan in fees is really outrageous; banks are just bloodsucking this way. Wait, can privacy transactions generate tax reports with one click? That operation is pretty awesome. DuskEVM is launching this week; I need to pay attention. It feels promising. My best friend has also been praising Dusk, with staking over 200 million, which is indeed not like a small coin. That KYC system really should be outdated. Why should we be interrogated? Privacy and compliance can be achieved simultaneously? This design approach is on the right track; it's quite interesting. I'm fed up with transfers taking two days to arrive. I never thought it could be played like this before. Projects that benchmark Ethereum can be directly migrated. If this really gets implemented, it could bring changes. That sentence hit me: if you want to be public, just be public; if you want privacy, just keep it private. The freedom level is off the charts. Both DeFi and NFTs can run with privacy features. That’s what true financial freedom looks like. I like the fact that encryption protects transaction data. Who wants to be exposed openly?

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BlockchainGriller

· 01-13 05:50

Three hundred yuan in fees is really impressive, I'm truly amazed. Damn, Dusk's move this time is indeed quite something. Privacy + tax reporting all-in-one, there's definitely some thought behind it. Wait, is DuskEVM really launching? I need to dig deeper. KYC is definitely outdated; banks need to wake up. But on the other hand, privacy is privacy, and compliance should never be taken lightly. Two hundred million tokens staked... this doesn't seem like a simple matter.

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GateUser-e51e87c7

· 01-13 05:40

Three hundred yuan in fees is really outrageous. I’ve now transferred everything on-chain, feeling fantastic. Wait, can privacy transactions automatically generate tax reports? That’s a pretty clever design. I need to keep an eye on DuskEVM launch; I’m so curious. That KYC system is definitely outdated. Web3 does a great job of ensuring sovereignty. Completing cross-chain transactions in five minutes—if it were a bank, it would take a week. I choose Web3. But privacy is privacy. Can compliance be handled automatically? Is it reliable? Your friend’s message came at the right time. This is true financial innovation. Staking over two billion tokens shows someone really believes in this, but I still need to do my own research. I also want to try this privacy transaction to avoid every transaction being monitored by regulators. Did the Ethereum project migrate directly? Has the ecosystem grown so quickly?

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GateUser-1a2ed0b9

· 01-13 05:21

Three hundred yuan in fees is really outrageous, I'm truly speechless. One-click tax reporting for privacy transactions? That idea is indeed brilliant. Dusk's recent move is a clear attempt to address pain points; the traditional approach definitely needs to be improved. Wait, is DuskEVM launching this week? I need to keep an eye on it, it seems like quite a few projects might migrate over. Privacy + compliance handled together—that's the right way to go. It's definitely better than hiding in the shadows. Honestly, cross-border transfers should have been revolutionized long ago; after 2 years, it's still so inefficient. This news from my friend is pretty good; the investment bank's vision does have some merit. Staking volume over two billion—this scale isn't for small projects. Why does the market still seem to have some heat? KYC review is really a bit annoying, but a hybrid solution like this is a good middle ground.

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NotSatoshi

· 01-13 05:21

Three-minute private transfer vs two days plus a 300 fee, this comparison is too awesome Wait, privacy + tax reporting one-click generation? Isn't this the freedom I want Mainnet is about to go live, is anyone following? Feels like this time the gameplay is different Damn, the KYC process definitely needs to be improved, it's too troublesome I need to study Dusk carefully, privacy plus compliance can actually be achieved 200 million tokens staked, that's quite a number Really? Fully private transactions that can automatically generate tax reports? That's a pretty clever design Complete cross-border transfer in three minutes, the banks must be crying haha I'm paying attention to DuskEVM launch, the idea of directly migrating DeFi projects is pretty good

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