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Only gas fees. The DUSK token is used to stake and participate in the consensus.In addition, the DUSK token is used to pay for transactions, deploying dApps, and as gas. The token also serves as rewards for the consensus participants.DUSK can be traded for XSC-based tokens, both one-way and through atomic swaps.The DUSK token will be used for on-chain governance within XSC once it is released.In Dusk Network, block rewards are paid through an emission of DUSK defined in the protocol. The majority of all newly issued DUSK will be rewarded to consensus participants, while a minor portion will go to a technical development fund, creating an autonomous funding mechanism for the long term research and development.

 

Currently, there are many privacy-focused blockchain protocols that have been developed. At this point, it is difficult to foresee which protocols will be accepted by the industry and represent the best fit for future integration into key public blockchain platforms. So, what is really outstanding about the Dusk network, to be able to compete with other protocols? @autholykos @JWP55 @toghrulmaharramov @Mels_Dees

 

About DuskDusk Network is the first privacy-oriented blockchain protocol that includes Smart Contracts. DUSK is fully decentralized and anyone can use DUSK to create their own dApps.To explore the Dusk Network technology in more detail, see the Binance Research Report, Dusk Website and Telegram Group https://info.binance.com/en/research/DUSK-2019-07-17.html

 

How do I benefit from Dusk and how does it work?

 

Who is the brain of the team?

 

What is your next goal after Binance listing? Where do you see dusk by 2021?

 

Nice one! Very constrained hardware is definitely one of our target. We already managed to have browsers running our ZKP library for verification. Private staking (bling bid) is definitely possible although probably we need to roll out SPVs before being able to do block generation from constrained HW devices

 

Wonderful

 

Good question, thanks. There's many! Some of our most notable investors are listed here: https://info.binance.com/en/currencies/dusk-networkAnd some of our partners here: https://info.binance.com/en/research/DUSK-2019-07-17.html

 

Dusk is a brainchild of?

 

Known, Dusk Network will allow the construction of decentralized versions of data storage applications such as Dropbox or Google Drive. What are these advantages over Dropbox and Google Drive to attract users? @autholykos @JWP55 @toghrulmaharramov @Mels_Dees

 

Many other crypto projects have great technology and R&D (DUSK included), but it's all useless without any good/big clients. What are your plans for global adoption?

 

We've have completed the implementation of an extensive cryptographic library, consensus protocol alongside many other achievements on both the development and research fronts.

 

Someone said: "The success of a single-layer protocol often depends on the capital that the project can guarantee." Can you give us more information about Dusk network funding? @autholykos @JWP55 @toghrulmaharramov @Mels_Dees

 

Can you put some light on your partnership ? How are they helping you out in your project?

 

Q: Nothing is perfect so i think DUSK is the same. Does DUSK have any weakness? What will your team do to improve and strengthen in?@autholykos @JWP55 @Mels_Dees @toghrulmaharramov

 

thanks

 

To get like today do people have any difficulties? @toghrulmaharramov @Mels_Dees @autholykos

 

Mels is definitely the richest in spirit, Jelle the richest in humour, Tog the richest in brain power. I am the richest in flavor

 

The consensus mechanism (SBA), our use of zero-knowledge cryptography (bulletproofs) the inner algorithms (such as ZeroCaf) and the ability to create smart contracts on a privacy-oriented blockchain protocol