When mentioning Dusk Foundation, many people's first thoughts are privacy, public chains, zero-knowledge proofs, and other related tags. But in reality, if you only focus on the concept of "privacy chain," you will completely miss the true goal of this project.

Dusk's real solution is not just the generic privacy transaction issue, but a more challenging and practical problem: how compliant finance can operate on the blockchain.

The bottleneck of traditional finance is not speed, but complexity. Behind every security, debt claim, or equity are a whole set of processes including KYC verification, investor authentication, transfer restrictions, information disclosure, and jurisdiction. These are not due to public chains being unwilling, but because most simply cannot do them.

What is Dusk's approach? It's not about exposing everything to the sunlight, but about transparency where needed and secrecy where necessary—the key is that the entire process must withstand mathematical verification. This is its true ambition.

But this is also where the problem lies.

Dusk's narrative framework is quite heavy, and the difficulty of getting started is equally high. It is not a chain aimed at retail users but designed for institutions, financial issuers, and compliance developers. In other words, its growth will not explode suddenly like meme coins or DeFi projects, but will be slow, cumbersome, and difficult to tell stories about, making it hard for the market to digest.

Conversely, the position of the DUSK token is also quite awkward. It does not belong to a purely speculative narrative but is a necessary component for network operation—used for validation, privacy computation, and network rewards. These types of tokens often face a problem: usefulness does not necessarily mean price appreciation.

Therefore, my conclusion is: Dusk is not the kind of project that can multiply tenfold in a few weeks, but if it survives, it will last a long time.

It has never been designed for those chasing hot trends, but for those who believe that "blockchain will eventually be incorporated into the regulatory framework."