DUSK Network Price

Dusk network is a decentralized blockchain protocol that provides privacy and transparency solutions for payment, communication and asset ownership transfer. It is different from the consensus mechanism of pow/pos, and introduces a new privacy oriented consensus mechanism - Byzantine protocol (SBA). Dusk is a new blockchain that provides a truly private, fast and secure streaming media mechanism - secure tunnel switching (STS). The dusk token is used to pledge and participate in the consensus. In addition, the dusk token is also used for payment transactions, deployment of DAPP and natural gas. Tokens can also be used as rewards for consensus participants. Dusk can exchange xsc based tokens in one direction and through atomic exchange. Once issued, the dusk token will be used for on chain governance within the xsc. In the dusk network, block rewards are paid through the transmission of dusk defined in the protocol. Most of all newly issued dusks will be awarded to consensus participants, while a small part will be allocated to the technology development fund, so as to create an independent funding mechanism for long-term research and development.