Hein Dauven @HeinDauven Twitter profile

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Hein Dauven

5 months

When discussing Real-World Assets (RWAs) in blockchain, we often come across two concepts: Tokenization of RWAs and native issuance. Both are valuable, but their benefits vary significantly. Tokenization digitizes RWAs like real estate, art, or commodities. This transformation…

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Hein Dauven

@HeinDauven

2 years

@jespow @degderat Appreciate your honesty.

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Hein Dauven

@HeinDauven

1 year

@sentdefender

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Hein Dauven

@HeinDauven

2 months

👏Privacy👏is👏essential👏for👏the👏on-chain👏issuance👏of👏regulated👏assets👏 #RWA on non-privacy-preserving chains are prime targets for MEV -> market abuse. Privacy-preserving tech, like $DUSK provides AND can do in a very performant way, is what is needed for the issuance…

European Crypto Initiative

@EuCInitiative

2 months

5/ ESMA has also touched upon Maximum Extractable Value (MEV) which could under certain circumstances present the existence of market abuse (p. 10 and 44-45):

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Hein Dauven

@HeinDauven

2 months

And our Nocturne testnet is live! We launched ITN on February the 15th. A lot has changed since then. Let me give you a rundown of the improvements we've implemented for Nocturne versus what ITN started with: 1. We removed a massive bottleneck in our staking contract. The…

Dusk

@DuskFoundation

2 months

NOCTURNE IS LIVE 🎉 Nocturne, our permanent testnet, is now live and ready for you to spin up a node 🔥 This is a great achievement and gives $DUSK a permanent testing environment, marking a big step forward towards #mainnet and is one of the final milestones on our journey to…

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Hein Dauven

@HeinDauven

2 years

There are a lot of misconceptions around Zero-Knowledge terminology. In this thread I will try to explain what the terms mean and how the technology is being used. 1/15

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Hein Dauven

@HeinDauven

3 months

Wow! I'm baffled by the amount of interest there has been in running @DuskFoundation #ITN 2 nodes. We just passed the 2k mark, and will pass 2.2k in the next two epochs. That's almost 4 times as many as participated in ITN 1! And you know what the coolest part is? Anyone can…

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Hein Dauven

@HeinDauven

1 year

For those that are seeking ZK alpha, a thread on all the big projects using Zero Knowledge Proofs and how they use it. 🧵👇

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Hein Dauven

@HeinDauven

3 months

Half a year ago, we at @DuskFoundation set forth and committed to a pretty bold roadmap. It's awesome to see that as of yesterday, we've hit every single target. A beautiful 6/6. 🎯 $DUSK

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Hein Dauven

@HeinDauven

2 months

The first 100M natively issued #RWAs on $DUSK is not a matter of if, but wen.

Dusk

@DuskFoundation

2 months

Dusk and NPEX are partnering to establish Europe’s first blockchain-powered security exchange! 💪 This is a huge step towards our vision of bringing #RWAs on-chain. We are incredibly excited to partner with @npex in this endeavour and cannot wait for the work we will do together…

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Hein Dauven

@HeinDauven

2 months

And we're at 6750 nodes now! $DUSK #ITN Some interesting numbers so far: ~6750 nodes participating in consensus, ~200 waiting for their stake to mature ~32500 transactions have been executed ~294500 blocks created with an average block time of 4 seconds The combined size of…

Dusk

@DuskFoundation

2 months

Five thousand nodes 👀

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Hein Dauven

@HeinDauven

2 months

@npex 🤝 @DuskFoundation Both working hard together to become the first DLT-powered stock exchange that does native issuance of regulated assets on-chain, in EU jurisdictions. This will be a monumental step forward for both TradFi, end-users and open, permissionless…

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Hein Dauven

@HeinDauven

4 months

$DUSK will transform the #ZK app space Unlike other ZK chains that do transaction batching, or off-chain computation, Dusk operates on a shared ledger state. It's @ethereum meets @zcash - The best of both. ZK is a first-class citizen, making ZK powered dApps cheap and useful.

Hein Dauven

@HeinDauven

4 months

$DUSK will transform TradFi into RegDeFi It will bring real ownership, unlike tokenization. Significant OpEx savings, easier trading, better liquidity and ultimately MORE FREEDOM then walled garden solutions. Privacy, compliance and freedom. United, on a single chain.

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Hein Dauven

@HeinDauven

2 months

First mega block on $DUSK Nocturne. 166 PRIVACY-PRESERVING TXs processed in 2.1 seconds, block done in 5s. Wild!

Hein Dauven

@HeinDauven

2 months

And our Nocturne testnet is live! We launched ITN on February the 15th. A lot has changed since then. Let me give you a rundown of the improvements we've implemented for Nocturne versus what ITN started with: 1. We removed a massive bottleneck in our staking contract. The…

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Hein Dauven

@HeinDauven

4 months

Airdrops, POAPs and staking rewards... Our Incentivized Testnet is coming! Get the details below. 👇 $DUSK #ITN #testnet

Dusk

@DuskFoundation

4 months

📣 Announcing Dusk's Incentivized Testnet! We are thrilled to announce the timeline and rewards for participating in our Incentivized Testnet (ITN)! You can participate through staking and node running. 👉 Staking will go live on 1st Feb and we have 2.5M $DUSK set aside for…

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Hein Dauven

@HeinDauven

6 months

This basically validates the serious engineering effort behind @DuskFoundation . We're building a new privacy-preserving ZKP-friendly L1 from scratch, that is MiCA/MiFID/GDPR-compliant to allow for RWA tokenization. Our development towards mainnet is active and transparent:…

Ben GCrypto

@GCryptoBen

7 months

Top 10 #BSC Projects by Development Activity in the last 30 days According to such fundamentals like development activity, there are lots of good projects with moderate market cap. $AVAX $TWT $DUSK $SAITO $FLUX $MIM $AXS $ZIG $BIFI $TPT

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Hein Dauven

@HeinDauven

7 months

@AjajaRachid I'd argue that "straightforward" is a misconception, especially if you want to do native issuance of securities and bonds, and not synthetics. In the EU, MiFID, MiCA and GDPR aren't just checkboxes. They're complex regulations that require a deep understanding and have…

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Hein Dauven

@HeinDauven

6 months

After having discussions with TradFi on their tech stacks, it's increasingly becoming clear to me that Dusk is on the right path forward. Existing tech stacks are often built on old technology, layers upon layers. Not built with the API-centric world in mind. This creates a…

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Hein Dauven

@HeinDauven

7 months

With our incentivized testnet scheduled for January next year, what are you most eager to test on ITN2? What would you like to see? #ITN $DUSK

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Hein Dauven

@HeinDauven

2 months

Holy crap! We got an implementation for the preverification of ZK proofs proposal (), and the performance improvements are absolutely insane: +100 TPS on $DUSK, on a reasonable machine, is within reach.

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Hein Dauven

@HeinDauven

2 months

#RWA is not a meme narrative, unlike how some might want to portray it. Legacy, walled-garden financial markets will see massive disruption from public and open technologies that provide a shared platform with shared liquidity accessible for everyone. Public networks like $DUSK…

Eleanor Terrett

@EleanorTerrett

2 months

GM! We will have #crypto ’s favorite renaissance man, @BlackRock CEO Larry Fink, on with @LizClaman and @CGasparino today at 3PM EST on @FoxBusiness . Tune in!

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Hein Dauven

@HeinDauven

7 months

@AntonioMJuliano All good. You can ignore it, I'd gladly take trillions of real assets (Stocks, bonds, derivates that aren't wrapped) out there in TradFi, and make them more easily transferrable and accessible to billions of people by natively issuing them on not-Ethereum.

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Hein Dauven

@HeinDauven

2 months

Correct observation! To truly get to a point where #RWA and securities can be issued on-chain in a native way, these instruments need to comply to current regulatory standards. This is why we at @DuskFoundation created Zedger/XSC, our Confidential Securities Contract standard,…

Digital Asset

@digitalassetcom

2 months

regulatory guardrails - permissionless networks with wallets that anyone can deposit any token into are not viable solutions.

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Hein Dauven

@HeinDauven

3 months

Excited to dive deeper into $DUSK and our Incentivized Testnet ( #ITN ) with @patrick this Friday @ 4 PM CET. Got questions about participating in ITN, or curious about #RWAs and #ZK on Dusk? Don't hesitate to ask them!

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Hein Dauven

@HeinDauven

3 months

+700 nodes and almost 200 waiting! Awesome to see how resilient the network has been, even with the tight parameters we set. We also saw our first network upgrade, which doesn't seem to have caused any issue. Bullish! @DuskFoundation $DUSK #ITN #testnet

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Hein Dauven

@HeinDauven

5 months

Amidst the buzz around Project Diamond from @coinbase , and its foray into Real-World Assets (RWAs), it's crucial to highlight the fundamental differences in our approach at @DuskFoundation and the implications of regulatory environments. Coinbase is getting a lot of attention…

CoinDesk

@CoinDesk

5 months

Coinbase's asset management arm is looking to bring TradFi assets onto blockchain with a new platform that lets institutional investors issue and trade digital-first financial instruments like debt, using Base in a regulated way. @sndr_krisztian reports

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Hein Dauven

@HeinDauven

7 months

Tokenizing real-world assets won't just accelerate mainstream adoption; it'll be the catalyst that shifts legislative viewpoints. By modernizing an archaic, inefficient TradFi system, crypto will increasingly be seen as a force for good. And every atom in my body is convinced…

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Hein Dauven

@HeinDauven

7 months

@mattyTokenomics They cannot be DeFi in the traditional and ideological sense, but proper RWAs, like STOs (Security Token Offerings) CAN be created on-chain, be compliant and KYCd. This is exactly what we're building our XSC (Confidential Securities Contract) standard for @DuskFoundation . We're…

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Hein Dauven

@HeinDauven

2 months

Day 1 of @DuskFoundation 's Nocturne testnet $DUSK 165 active Provisioners, of which only 30 are from the team. 47.8 million nDUSK staked, of which 15M is from the team. Supermajority is with the community! 15584 blocks created 1925 transactions executed Average block time of…

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Hein Dauven

@HeinDauven

4 months

@CryptoKaduna Tokenization is just one step towards the full digitization of the whole securities life-cycle. $DUSK will do native issuance and the full on-chain life-cycle management of #RWAs and securities. From stocks to bonds to ETFs. Dusk is a public permissionless L1 that brings…

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Hein Dauven

@HeinDauven

5 months

Exciting times ahead with the web wallet coming up! :) A game-changer for holding regulated #RWAs and decentralized assets on the same platform. With ITN2 around the corner, end-users can start getting a feel for the power of the $DUSK network.

Dusk

@DuskFoundation

5 months

👀A sneak peek of the WIP for the #DUSK web wallet! We can't wait for you to be able to access regulated #RWAs and decentralized assets from your wallet, and bridge your $DUSK over to the native chain!

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Hein Dauven

@HeinDauven

6 months

The interesting aspect of the Dusk and Zedger protocol is its ability to cover a broad array of tokenization approaches. Our protocol enables both full on-chain enforcement and on-chain asset issuance. By doing so, we eliminate the need for Central Security Depositories (CSD)…

RWA.xyz

@rwa_xyz

6 months

Announcing our latest research piece! 🔴 The Spectrum of Tokenization 🔵 In this report we dive into different tokenized asset structures we see in the market today along with their implications. Read it here:

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Hein Dauven

@HeinDauven

4 months

$DUSK will transform TradFi into RegDeFi It will bring real ownership, unlike tokenization. Significant OpEx savings, easier trading, better liquidity and ultimately MORE FREEDOM then walled garden solutions. Privacy, compliance and freedom. United, on a single chain.

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Hein Dauven

@HeinDauven

5 months

On-chain transparency is often seen as a positive in crypto, but it's not that simple. At @DuskFoundation , we believe in privacy. Why? Because full transparency is a key requirement for both companies and individuals. Companies require privacy for regulatory compliance,…

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Hein Dauven

@HeinDauven

3 months

Very interesting discussion between @JanvanEck3 and @RaoulGMI about issuance on-chain and ETFs. Jan correctly asks "Who is going to provide the liquidity?". This is one of the main problems with tokenization of #RWAs and tokenization services, nobody really seems to care about…

Raoul Pal

@RaoulGMI

3 months

Just had an epic chat with @JanvanEck3 , the brain behind @vaneck_us ... We covered it all – from the ETF maze to exploring India's economic surge & diving into the crypto frontier... Macro, finance & the tech revolution. This is where it gets exciting!

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Hein Dauven

@HeinDauven

2 years

@JohnWRichKid

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Hein Dauven

@HeinDauven

3 months

I'm so excited to test all the new changes and improvements with you all! 🌐🖥️ $DUSK #ITN

Dusk

@DuskFoundation

3 months

Roll call 👀 Who's going to run a $DUSK node during ITN and why?

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Hein Dauven

@HeinDauven

4 months

They're talking about tokenization and #RWAs now. In a couple of years, they'll be talking about native issuance of assets on $DUSK. Tokenization is just an in-between step. Native issuance and full on-chain life-cycle management of RWAs and securities is the endgoal.

Mario Nawfal

@MarioNawfal

4 months

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Hein Dauven

@HeinDauven

4 months

@coinbureau Privacy and compliance are not a false dilemma. Privacy is required for the trading of compliant assets/RWAs on-chain, to prevent frontrunning and manipulation. At the same time, privacy is also required to be compliant with GDPR regulations. Pseudonymity is not enough, as it…

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Hein Dauven

@HeinDauven

7 months

We're making progress! 😉 Piecrust now supporting 64-bit address spaces means our contracts can reach state sizes of 4 terabytes, versus 4 gigabytes before. Future proof! Formal security proofs for Phoenix in itself are a huge milestone. There's not many protocols out there…

Dusk

@DuskFoundation

7 months

October Recap ✅ Citadel SDK & Piecrust VM on track for Nov ✅ Company workweek was a success ✅ @Autholykos spoke at @RSMErasmus ✅ @HeinDauven on a posting spree ✅ So many development updates #Dusk #RWAs #blockchain #Mainnet Full recap here 👇

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Hein Dauven

@HeinDauven

7 months

@purplepill3m You're spot on with the necessity for KYC/compliance alongside maintaining privacy and trustlessness for mass adoption of RegDeFi and RWAs, leading to more liquidity on-chain and more efficient markets in TradFi. At @DuskFoundation , we've been architecting precisely a protocol…

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Hein Dauven

@HeinDauven

3 months

And it's alive! 🥳 A @Raspberry_Pi 5 $DUSK node participating in the #ITN consensus.

Hein Dauven

@HeinDauven

3 months

I got a @Raspberry_Pi 5 this week to explore how well the $DUSK node performs on it. After overclocking it from 2.4 GHz to 3 GHz, surprisingly, its performance closely rivals that of a @digitalocean vCPU instance:

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Hein Dauven

@HeinDauven

7 months

@adamscochran The 'slippery slope' argument oversimplifies the reality completely. Permissioning on the app layer can onboard TradFi, adding liquidity and breaking institutional silos as they currently exist. Adding permissioned components doesn't nullify the permissionless layer. It expands…

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Hein Dauven

@HeinDauven

4 months

@econoar They'll run tokenized stocks on @ethereum that have been natively issued on @DuskFoundation , which will be the settlement and clearing layer for financial assets given it'll be the only public permissionless L1 with privacy features and compliance with MiFID & MiCA. $DUSK

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Hein Dauven

@HeinDauven

3 months

Not bad for a 3 year old mobile CPU And without any sort of performance improvements that could be in the pipeline :) $DUSK

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Hein Dauven

@HeinDauven

2 months

@depthflow @King_Duskanor Let's see what $DUSK has to offer. Here is all the papers @DuskFoundation employees worked on: Dusk created widely used hashing functions like Poseidon and Reinforced Concrete, SSI protocols like Citadel & FORT. Dusk developed the Rust implementation of…

Additional Resources

Links to our research papers and technical blogs.

docs.dusk.network

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Hein Dauven

@HeinDauven

7 months

The ECB just dropped a press release on the next phase of the euro CBDC. Great to see the ECB prioritizes user privacy and wants to achieve: "a cash-like level of privacy for offline payments" I'm very curious on how they want to achieve this, pseudonymity is not enough. ZKPs…

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Hein Dauven

@HeinDauven

3 months

Almost 400 ACTIVE nodes participating in consensus after one day! 😍 $DUSK @DuskFoundation #ITN

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Hein Dauven

@HeinDauven

5 months

@XmanXai @DuskFoundation @Autholykos The Dusk economic model is a set of features and mechanisms that allows developers to create value for services they offer through smart contracts. These mechanisms include: - Levying service fees - Offsetting gas cost for users - Optimizing gas payments (low gas period…

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Hein Dauven

@HeinDauven

3 months

The @DuskFoundation $DUSK #ITN is live! Get all the details in the article:

Dusk

@DuskFoundation

3 months

ITN starts now! 💪 ITN testnet is live and you can start setting up your nodes! 🔥 Join us to run nodes, test the network, and receive rewards with mainnet. It's going to be great few weeks and we can't wait to get started! 🔗 Instructions and details

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Hein Dauven

@HeinDauven

4 months

If your business model as a financial service provider hinges on walled garden permissioned/private chains, RegDeFi and fintechs will disrupt you to irrelevance. Disrupt or be disrupted. $DUSK @DuskFoundation

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Hein Dauven

@HeinDauven

3 months

#TBT as I was gathering a list of papers @DuskFoundation $DUSK has contributed to:

Hein Dauven

@HeinDauven

5 months

@cryptocees @crypt_stylo @tombheads Just a quick list of academic papers that had Dusk employees involved and the company explicitly listed: These are tangible innovations, and there are many more out there!

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Hein Dauven

@HeinDauven

3 months

You ask, we give. More rewards, more testing! #ITN $DUSK

Dusk

@DuskFoundation

3 months

ITN UPDATES With ITN official "counting" from 11:59PM CET TODAY, we have some important and exciting updates to share with you 👇 1. End date extension 📅 We are extending the end date of ITN to Thursday 21st March to allow for more time to test the network, and to make it…

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Hein Dauven

@HeinDauven

4 months

@RWAwatchlist_ $DUSK is the only protocol on the list that does native issuance of #RWAs /securities on a public, permissionless blockchain that is privacy-preserving, compliant in the EU with GDPR, MiFID and MiCA and where devs are able to build #ZKP powered dApps.

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Hein Dauven

@HeinDauven

2 months

Introducing Nocturne, our community-driven and permanent testnet. It's designed to be your playground and foundation for innovation. Eager to see what we'll build together! $DUSK @DuskFoundation #Nocturne

Dusk

@DuskFoundation

2 months

Launching Nocturne: The Genesis of a New Era 🌒 We are thrilled to announce the genesis of Nocturne, the official, permanent Dusk Testnet 💪 Nocturne was born out of our hugely successful ITN campaign and is the bedrock upon which future innovations and features of the Dusk…

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Hein Dauven

@HeinDauven

8 months

Dusk & Real-World Assets are inseparable. Since 2018, tokenizing assets has been core to our vision. Using Dusk's XSC & Citadel for KYC/AML/SSI, institutions can issue security tokens compliant with MiCA & MiFiD, & ensure user privacy via Zero-Knowledge Proofs. #RWA #ZKP $DUSK

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Hein Dauven

@HeinDauven

7 months

One thing I cannot wait for is our Plonk setup and to live stream the ceremony. Any creative ideas to get rid of the toxic waste (the device the setup has run on plus residual sensitive info)? I was thinking of either burning it on stream or launching it into space.

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Hein Dauven

@HeinDauven

7 months

The @USOCC is hosting a symposium on the tokenization of real-world assets. In their press release they mention the contrast between the speculative nature of crypto and the benefits that tokenization of RWAs can offer. It's interesting to see they're open to using DLTs for…

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Hein Dauven

@HeinDauven

4 months

What if... the future of ETFs isn't on Wall Street, but on the blockchain? 🤔 Imagine an on-chain, natively issued #ETF on Dusk. $DUSK

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Hein Dauven

@HeinDauven

5 months

Dusk's VM stands out as one of the few truly original VM designs in the blockchain space, architecturally centered on a WASM runtime and with its own unique memory management system. The design enables for efficient execution and storage of zero-knowledge proofs, key for…

Dusk

@DuskFoundation

5 months

"I'm proud of how flat out fast it executes transactions" 💨 Our new VM is fast, only requires one block to sync up to the whole system, and supports #privacy -preserving smart contracts. Speed 🤝 Privacy

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@HeinDauven

4 months

@luigidemeo @LordBogdanoff @_10delta_ Dismissing us as standard tech is pretty weak. $Dusk @DuskFoundation is one of the innovators in this space. We published the widely used Poseidon paper, plus provided a widely used Rust implementation. We created the Rust reference implementation of Plonk and contributed to the…

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Hein Dauven

@HeinDauven

2 months

@Unchained_pod @BlackRock @httpsageyd @ArkhamIntel $DUSK fixes this

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Hein Dauven

@HeinDauven

7 months

It's been almost a month since we unveiled our new roadmap. A lot of work has been put in making a plan around how the network we release with should look like. So far, we're on-track to deliver. Today marks the start of our annual workweek. Fantastic to see the team in-person…

Dusk

@DuskFoundation

8 months

🚀 Road to Mainnet Unveiled! 🚀 We're delighted to announce our updated roadmap to mainnet! Keep an eye out for explainers, deep-dives, demos, and more content that we'll be rolling out in the months to come. Dive in! 🔍 #Dusk #Mainnet #Roadmap

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Hein Dauven

@HeinDauven

7 months

@lex_node You correctly point out there are complexities to RWA tokenization, but IMO it presents a limited view. At @DuskFoundation we've been working precisely on tokenizing the "real" securities you mention. Our protocol is designed for the issuance of compliant security tokens,…

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Hein Dauven

@HeinDauven

5 months

@jvb_xyz Wrong on your first paragraph. In the EU the DLT pilot regime already allows you to natively issue RWAs/securities on-chain if licensed entities apply for the exemption. It'll require a mix of dApp level compliance and on-chain privacy to get there though. Something…

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Hein Dauven

@HeinDauven

5 months

@coinbureau In the video you rightly mention that Real-World Assets (RWAs) are most likely to thrive on either private permissioned or compliant privacy chains. I strongly agree with this. At @DuskFoundation we've intentionally designed our platform as a compliant, privacy-preserving chain.…

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Hein Dauven

@HeinDauven

3 years

I love @sveltejs . Its speed, fewer LOC & less mental overhead make it my favorite front end framework for most use cases. I've used it for every project in the @nahmii_io community repository. Cannot wait to share and release the latest project to you all. 😊 $NII #Mainnet #L2

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Hein Dauven

@HeinDauven

8 months

@milesdeutscher @BCG RWAs indeed hold immense potential, but there's more to explore beyond just tokenization of real estate, cars or stable coin lending. Imagine a blockchain that's MiFID, MiCA and GDPR compliant, capable of issuing regulatory compliant assets directly on-chain without needing a…

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Hein Dauven

@HeinDauven

6 months

This article is full of misleading claims about Zero-Knowledge Proofs (ZKPs). 1. "With ZK, there is an entity called a prover that actually sees the information": The data that is being leaked to the prover matters. There's zero benefit to providing privacy to parameters that…

Blockworks

@Blockworks_

6 months

NEWS: Fhenix is one step closer to making fully homomorphic encryption rollups a reality

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Hein Dauven

@HeinDauven

4 months

@HsakaTrades TradFi exchanges are as fragmented as can be. Interoperability barely exists. CEXs have the big benefit of being connected to a shared ledger, with established APIs and standards. The day TradFi has access to a blockchain that is public and permissionless, but can also provide…

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Hein Dauven

@HeinDauven

5 months

@vxGT528 I'm extremely proud of the work our team at Dusk is accomplishing. We've chosen a path that's not the easiest, building a new Layer 1 protocol from the ground up, with capabilities that sets us apart in the blockchain space. Indeed, Dusk falls in the RWA category, as our primary…

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Hein Dauven

@HeinDauven

7 months

@NoelleInMadrid Nice thread! I don't agree with some of your points, at @DuskFoundation we're trying to address some of the conerns you've articulated: 1. Walled gardens and interop: Dusk is open and permissionless. The blockchain itself provides an open API that is shared among participants.…

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Hein Dauven

@HeinDauven

2 months

I should have mentioned that Nocturne is pretty much running on potato hardware. Shared CPU droplets. The creator of this block, 23hcRjNqzKUhcHev, is one of ours. 😉 $DUSK

Hein Dauven

@HeinDauven

2 months

First mega block on $DUSK Nocturne. 166 PRIVACY-PRESERVING TXs processed in 2.1 seconds, block done in 5s. Wild!

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Hein Dauven

@HeinDauven

7 months

@unusual_whales I'd argue that the real game-changer is the native issuance of securities on a global shared ledger. A ledger that can provide both privacy-preserving smart contracts and on-chain compliant dApps This goes beyond NFTs or digital money, it's about revolutionizing both DeFi and…

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Hein Dauven

@HeinDauven

7 months

@WuBlockchain The observations on the interplay between KYC/compliance and trustless, privacy-preserving solutions are correct. At @DuskFoundation we have been proactive in building a blockchain protocol that addresses these complexities. We've built Dusk as an open, permissionless blockchain…

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Hein Dauven

@HeinDauven

4 months

Feinted last night due to $DUSK FUD. Was rushed to the doctors. Did scans all day to check nothing serious. Diagnosis: -The neurologist said I’ve got abnormal brain activity and when describing my lifestyle they focused on crypto. Arriving at the conclusion, that crypto has…

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Hein Dauven

@HeinDauven

5 months

Privacy is not just a feature, it's a fundamental right. In a digital era where personal data is harvested, mishandled and exploited, we cannot have financial applications and infrastructure like blockchain operate in the way they do now. Every day, users are tracked,…

suzuha⚡️🌙

@dystopiabreaker

5 months

privacy, as in the ability to specify what information is revealed to what parties, is a basic feature that will be absolutely required for mass adoption of blockchain rails

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Hein Dauven

@HeinDauven

8 months

This is a gentle reminder of why it is important to thoroughly test and design decentralized software, and not cut corners on its security by releasing early with centralized components. If people ever ask why it has taken @DuskFoundation 5 years to build a new L1, it is because…

Mixin Kernel

@MixinKernel

8 months

[Announcement] In the early morning of September 23, 2023 Hong Kong time, the database of Mixin Network's cloud service provider was attacked by hackers, resulting in the loss of some assets on the mainnet. We have contacted Google and blockchain security company @SlowMist_Team …

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Hein Dauven

@HeinDauven

1 year

Holy plonk! The incentivized testnet we started last Wednesday at @DuskFoundation has only been running for 4 days now and we already surpassed our goal for this 6 week program by a factor of two! It's fair to say it's a great success. 1/5

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Hein Dauven

@HeinDauven

5 months

@DU09BTC Blockspace value is heavily subsidized on the operator side, because it is underpriced on the user side. What this means from an economical point of view, is that the behavior you normally see around heavy inflation is the behavior you'd expect on-chain, assuming the price…

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Hein Dauven

@HeinDauven

3 years

@NiiFiDAO @nahmii_io Congratulations! What a wonderful milestone. Both for @NiiFiDAO and @nahmii_io . 3 years after the release of Nahmii 1.0 onto the Ethereum mainnet, we get the first live DEX running on top of Nahmii 2.0. 😃🎊🎉 $NiiFi x $NII

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Hein Dauven

@HeinDauven

5 months

@cryptocees @crypt_stylo @tombheads Privacy: Dusk uses Zero-Knowledge Proofs (ZKPs) for verifiable computation of actions. This can be on-chain computations on shared data or off-chain. LTO uses off-chain data held in the local wallet client, with actions being stored on-chain as hashes. Compliance: Dusk builds a…

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Hein Dauven

@HeinDauven

5 months

What is a Trusted Setup Ceremony? A Trusted Setup Ceremony is a critical process for generating the parameters for our Zero-Knowledge Proof (ZKP) PLONK system. It involves creating the cryptographic parameters that are fundamental for the privacy and integrity of PLONK. This…

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Hein Dauven

@HeinDauven

7 months

@MoonOverlord RWA ~ Real World Assets We take the inefficiencies and middlemen from TradFi out of real-world asset markets... and then we bring them to blockchain. Imagine secondary markets for tokenized assets that are as cost-efficient to trade as Binance leveraging DLTs as CSDs and…

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Hein Dauven

@HeinDauven

4 months

@luigidemeo @LordBogdanoff @_10delta_ @DuskFoundation I'll ignore the goalpost shifting here for a second and just stick to the main point you're making here. It is not a "standard" approach to native issuance. Even the German eWpG law you're referring to has restrictions on bond issuance as a native asset. If you want to do…

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Hein Dauven

@HeinDauven

3 months

They can't be natively issued on-chain right now because securities trading and issuance have stringent regulations attached to them. Only when we get a L1 that is capable of providing compliance on the dApp layer, is when we'll see the full life-cycle of companies and…

Laura Shin

@laurashin

3 months

📈 . @weremeow says there’s no reason all types of companies shouldn’t be able to publicly list themselves on chain, instead of on an exchange. 🗣️ Do you think that someday company shares will be listed on a DEX like Jupiter? 🎧 :

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Hein Dauven

@HeinDauven

7 months

@Eug_Ng Agreed they're not all the same, there's a substantial difference between synthetics and natively issued. Natively issued regulatory complex assets like stocks and bonds, ran on a public permissionless blockchain that serves as its CSD and settlement layer, opens a global…

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Hein Dauven

@HeinDauven

7 months

@mikealfred Narratives alone can't sustain a protocol in the long run, especially if these narratives are purely speculative in nature instead of based on real utility. Real/mass utility will come when we bridge the digital and traditional financial worlds in a meaningful and compliant way.…

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Hein Dauven

@HeinDauven

4 months

The upgrade process of blockchains is fascinating. It's a process driven by market demand and community consensus. Let's dive into how blockchain upgrades work, from initial proposal to activation, including what forks are 👇 1. Every blockchain protocol upgrade begins with…

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Hein Dauven

@HeinDauven

2 months

Did some more tests on the Raspberry Pi 5 and a CPU optimized Digital Ocean instance. Extremely bullish results. Seeing a 3.5 to 5x throughput increase on low spec machines. We would have to do more benchmarks in a more realistic configuration, but 100 TPS on cheap VPS…

Hein Dauven

@HeinDauven

2 months

Holy crap! We got an implementation for the preverification of ZK proofs proposal (), and the performance improvements are absolutely insane: +100 TPS on $DUSK, on a reasonable machine, is within reach.

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Hein Dauven

@HeinDauven

3 months

@GoldProjectbsc @DuskFoundation @DuskFoundation is actively pursuing and working with institutions that want to operate on an open, permissionless, privacy-preserving and compliant dApp platform. We don't sit still, and we don't compromise on capabilities. $DUSK #RWA #privacy #ZKP #RegDeFi

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Hein Dauven

@HeinDauven

3 months

$DUSK staking is live again! We have a guide & FAQ available on our new docs website: When interacting with contracts, always triple check you're dealing with the correct addresses. Dusk ERC20 address: 0x940a2dB1B7008B6C776d4faaCa729d6d4A4AA551 Staking…

Dusk

@DuskFoundation

3 months

Run, don't walk to $DUSK's live staking page! 👉

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Hein Dauven

@HeinDauven

4 months

TradFi exchange infrastructures are a mess when it comes to interoperability. CEXs have the benefit of connecting to blockchains with established APIs and standards. The day we see a blockchain become a Financial Market Infrastructure (FMI), and a Bitfinex for securities…

Gabor Gurbacs

@gaborgurbacs

4 months

Crypto people realize for the first time today that tradfi exchanges and brokers are more of a sh*tshow than crypto exchanges. It's kind of hilarious.

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Hein Dauven

@HeinDauven

7 months

@gaborgurbacs And trillions more to onboard if we finally get a platform that can bring together DeFi and RegDeFi onto a single, public, permissionless and privacy preserving platform. 😉

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Hein Dauven

@HeinDauven

2 months

Told myself not to do it, but put more fiat into my favorite crypto. #RWA #ZKP #privacy

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Hein Dauven

@HeinDauven

7 months

@XmanXai @hmalviya9 @Espicious1 @DuskFoundation @tZERO @tezos At @DuskFoundation we've been building a network specifically for STOs/RWAs for the last 5 years. The network is designed to provide a MiCA/MiFID/GDPR compliant app layer. We do this by providing privacy/ZKPs in the base layer, for provable computation, to prevent front…

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Hein Dauven

@HeinDauven

7 months

@sassal0x I always find it interesting when people tweet about bull-bear markets. I don't comment on these cycles for fundamental reasons, I care about tangible adoption and utility, not fleeting speculation. It's also the exact reason why I joined @DuskFoundation and will religiously…

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Hein Dauven

@HeinDauven

7 months

@fasterthanlime What makes me really sed is that 'in-place' in `sed` works so differently between GNU and BSD. #sedlife

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Hein Dauven

@HeinDauven

4 months

@NickDrakon Fink talks about tokenization, but the real benefit when combining DLTs and securities comes from the native issuance of assets on-chain and managing the full life cycle on it. From issuance, to settlement, to clearing, to trading, to voting. TradFi might be reluctant to use…

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Hein Dauven

@HeinDauven

7 months

@europe4crypto Positive development on multiple fronts. By classifying DLT and DID as "critical", the EU does more than just validate these technologies. It essentially underlines its strategic intent to integrate them. Together with MiCA and the DLT pilot regime the EU seems to really set…

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