Dusk Network
Dusk NetworkName
Dusk Network
Summary
Dusk Network describes itself as a finance-focused privacy blockchain.
-It was founded by Jelle Pol, Emanuele Francioni, Mels Dees, Pascal Putman and Fulvio Venturelli
-It is a layer-1 blockchain that enables confidential smart contracts and powers the Confidential Security Contract (XSC) standard.
Rating
Symbol
DUSK
Overview
Dusk Network brands itself as a blockchain for programmable and private assets, with Zero-Knowledge proofs and a new Private PoS leader extraction-based consensus mechanism. Dusk Network is a financial blockchain with a focus on anonymity. It's a layer-1 blockchain that supports native confidential smart contracts and powers the Confidential Security Contract (XSC) standard.
The goal of the Dusk Network is to meet the demands and needs of the financial markets. A scalable public infrastructure, immediate settlement finality of transactions, and rigorous data privacy are at the heart of its architecture.
Historical Price Movement (in INR)
Technology
The network is secured via the 'Segregated Byzantine Agreement' (SBA) consensus process. According to the Dusk Network team, SBA is an improvement over the underlying Proof-of-Stake (PoS) mechanism because it combines existing ideas such as cryptographic sortition (lottery), stealth time-locked transactions (private stake amounts), and a reputation module to increase the chances of selecting honest nodes and promote decentralization even further.
All contracts on the Dusk Network operate on our Rusk virtual machine (VM), which is powered by WASM (WebAssembly) and the Rust programming language.
Private Sales
50%
Partnerships
11.81%
Technical Development Fund
18.06%
Marketing and Events
7.29%
Team
6.42%
Advisors
6.42%
Volume (23rd April 2022)
$10,562,198
Total Supply
500000000
Circulating supply
399,050,764.73 DUSK
Crowd Sales
Over the course of four rounds of investment, Dusk Network has raised a total of $1 million.
Funding
1/12/2020: Initial Coin Offering-NA
1/09/2020: Initial Coin Offering- $1M
1/11/2018: Seed Round-NA
20/07/2015: Seed Round-NA
Country
Netherlands
Name of Organization
Dusk Network
Year Incorporated
2015
Registered Address
Laan der Hesperiden, Amsterdam, North Holland 1076DX, NL.
Dispute Resolution and Governing Law
Netherlands
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| Emanuele Francioni | Founder | Università degli studi Roma TRE: Master of Engineering (M.Eng.), Mechatronics, Robotics, and Automation Engineering | 18 Yrs |
| Jelle Pol | Founder and DIrector | Korea Advanced Institute of Science and Technology: Technology MBARotterdam School of Management, Erasmus University: Master of Science (MSc), Business Information ManagementRotterdam School of Management, Erasmus University: Bachelor of Science (BSc), Business Administration | 7 Yrs |
| Fulvio Venturelli | Founder | Sapienza Università di Roma: IT Engineering | 21 Yrs |
| Pascal Putman | Founder and Managing Director | Rotterdam School of Management, Erasmus University: Master's degree, Organizational Change & Consultancy (OCC)University of Amsterdam: Bachelor's degree, Economics & Business | 13 Yrs |
| Mels Dees | Co-Founder | Erasmus School of Economics: Master’s Degree, MarketingErasmus School of Economics: Bachelor's Degree, Economics of Business | 5 Yrs |
Whitepaper 
