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Two years have witnessed the process of a project from obscurity to a key milestone, which is quite emotional.
DUSK has been operating since 2018, avoiding hype and concepts, and focusing on compliance and privacy. Now, it finally reaches an important milestone—the DuskEVM mainnet is scheduled to launch in the second week of January. What does this mean? Developers can directly deploy contracts on Layer1 using Solidity, without the hassle of complex adaptation work.
What truly attracts me is the Hedger system. The combination of zero-knowledge proofs and homomorphic encryption can preserve transaction privacy while meeting audit requirements. This is of great value to institutional investors—they need privacy protection and compliance with regulatory frameworks, and DUSK happens to address these two pain points.
Currently, the market cap is around $27 million. Once DuskTrade goes live, it can bring $300 million worth of assets on-chain. From this perspective, the growth potential is quite significant. The combination of compliance and privacy has always been scarce in the crypto field, and institutional funds are precisely looking for this kind of solution.