The introduction of the DRC20 token standard is of great significance for the expansion of the Dusk ecosystem. This standard is directly aligned with ERC20, with the goal of reducing the integration difficulty for wallets and exchanges, allowing more third-party platforms to smoothly connect to the Dusk ecosystem.



In simple terms, for the ecosystem to develop, support from third-party platforms is indispensable. After wallet integration, it becomes much easier for users to hold and manage $DUSK and other DRC20 tokens. If exchanges follow suit, the liquidity of the tokens will significantly improve, naturally attracting more users to pay attention and participate.

From a technical design perspective, Dusk adopts an open-source approach, enabling the community to participate in the iteration and optimization of the DRC20 standard. This approach not only reflects an open spirit but also harnesses the power of the community to refine the standard continuously. This is the correct attitude for the project's long-term development.

It is foreseeable that as more wallets and exchanges support the DRC20 standard, the influence of the Dusk ecosystem will further expand. Correspondingly, the application scenarios for $DUSK will also become richer, and projects and users within the ecosystem will receive better infrastructure support. From this perspective, the implementation of DRC20 is a key milestone on the growth path of the Dusk ecosystem.
DUSK-1,54%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
DaoResearchervip
· 14h ago
According to the white paper, the open-source governance approach of DRC20 indeed addresses the standardization bottleneck, but I am more concerned about incentive compatibility—do participating community nodes truly receive economic rewards? Otherwise, this DAO decision-making mechanism could fall into a game-theoretic imbalance in a highly decentralized environment. --- It’s worth noting that the speed of third-party integrations is often determined by the APY of liquidity mining, rather than the superiority of the standard itself. I suggest checking on-chain data—how much actual integration has been achieved? --- How transparent are DAO governance proposal votes? If token-weighted voting power is unevenly distributed, decision-making authority for ecosystem expansion could be controlled by a few whales, which was a critical weakness in Ethereum’s early days. --- Hmm… the open-source spirit is commendable, but from an economic perspective, ecosystems lacking cold-start incentives usually can’t sustain beyond two quarters. The data speaks for itself. --- Quoting Vitalik’s view, community participation in iteration is essentially outsourcing governance costs—has Dusk considered whether this mechanism is friendly to small contributors?
View OriginalReply0
ApyWhisperervip
· 16h ago
The open-source approach is truly brilliant; community involvement is the only way to truly refine and create great things.
View OriginalReply0
CoconutWaterBoyvip
· 01-13 18:55
DRC20 is comparable to ERC20. This idea isn't very innovative. Whether Dusk can really gain momentum depends on whether there are killer applications in the ecosystem.
View OriginalReply0
staking_grampsvip
· 01-13 18:55
Honestly, whether this DRC20 can really take off depends on whether exchanges are willing to support it. ERC20 benchmarking sounds good, but wallet support is the key. I've heard too many iterations of open-source updates; the main thing is to have major exchanges promote it. Liquidity needs to come in to make a difference. It's still too early to talk about these things now.
View OriginalReply0
HodlTheDoorvip
· 01-13 18:53
To be honest, for DRC20 to truly take off, exchanges and wallets need to keep up; otherwise, it's just talk on paper. We've seen the same approach with ERC20, but the key is still liquidity. The open-source work is quite good, involving the community is always better than a black box, but don't just talk—show real results. If you ask me, let's wait and see how many exchanges will actually integrate it—that's the real test.
View OriginalReply0
DisillusiionOraclevip
· 01-13 18:51
To be honest, the DRC20 move is quite good, but whether it can truly be implemented depends on whether there are solid projects in the ecosystem. Having standards without application scenarios is just a castle in the air. The speed of exchange integration is the key. Right now, the crypto world lacks everything except liquidity.
View OriginalReply0
GasWastervip
· 01-13 18:36
To be honest, the move with DRC20 was quite good; now it depends on whether the wallets and exchanges will buy in or not.
View OriginalReply0
TokenomicsDetectivevip
· 01-13 18:35
The open-source approach is indeed a highlight; collaboratively refining standards with the community is much more reliable than working behind closed doors.
View OriginalReply0
quietly_stakingvip
· 01-13 18:33
I'm just worried that the exchange will be sluggish again, and it won't go live after waiting for a long time.
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)