On January 7th, DUSK officially launched the DuskEVM mainnet — a key milestone following the mainnet migration in December. The new network has opened a complete ecosystem for privacy smart contracts and real-world asset (RWA) tools. The community remains enthusiastic, with a focus on the compliance features of this new public chain and its friendliness to institutional-grade applications.

Speaking of privacy, Dusk’s Phoenix transaction model is truly interesting. Don’t be fooled by the flashy name; the underlying logic is very hardcore — it combines cryptographic techniques such as "confidential transactions" and "one-time ring signatures." In simple terms, it can completely hide the sender, receiver, and transaction amount, while cryptographically proving the validity of the transaction to prevent double-spending. This is not an ordinary mixing scheme but a systematic privacy engineering solution.

What’s even more impressive is the deep integration of Phoenix with the entire Dusk architecture. Developers don’t need to delve into complex cryptography papers; they can directly invoke standardized privacy interfaces to add strong privacy capabilities to DeFi protocols or asset tokenization products. This significantly lowers the development barrier and serves as the technical foundation for the prosperity of the entire ecosystem.

Achieving a balance between privacy and compliance on a Layer-1 blockchain is not easy. Dusk’s approach — comprehensive privacy design from consensus layer to application layer — targets institutional-grade financial applications. Whether it’s traditional assets on-chain or privacy transaction needs, there is technical support for implementation. Building on this chain is, to some extent, a bet on the value release of privacy technology in the next cycle.