Dusk Network Releases Groundbreaking Private Proof Of Stake Protocol Testnet
With the release of their Testnet, the public is now able to get hands-on experience with the technology that shapes the Dusk Network. Despite its computationally intensive cryptography, the network boasts block times of ~7 seconds, while offering instant settlement finality.
The Amsterdam based Dusk Network is a privacy-oriented blockchain protocol that includes native support of a Turing-complete Virtual Machine, zero-knowledge proof verification and enables the preservation of privacy on the state layer while shifting the majority of the computational workload from the distributed state machine to the users.
Just weeks prior to today’s Testnet release, Dusk Network published research on Zerocaf, an open-source library to implement cryptographic protocols over the Doppio Elliptic Curve using a Ristretto mapping. This is in addition to fully private account based cryptocurrencies, a novel zero-knowledge Account-Based design to address the issues of enhancing UTXO and Account-Based designs with privacy.
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