【Preface: The Reason for the Existence of Public Blockchains in Article 101】

In a market dominated by giants like Ethereum, Solana, and SUI, do we really need new public blockchains?

If we only consider speed—frankly, not really.

But let’s ask from a different perspective: where is institutional-grade capital going? The answer would be different. Very different.

Web3 is undergoing a silent transformation—from a geek playground to an experimental field for compliant finance. Wall Street has never lacked money; what it needs is a ledger that complies with regulatory frameworks while protecting trade secrets. A decentralized, transparent yet controllable ledger.

This is where Dusk’s opportunity lies.

Don’t be fooled by project marketing; Dusk is not a rising star. Since its founding in 2018, this team of Dutch engineers has been tackling a seemingly impossible hard problem: can privacy and compliance coexist?

Look at the fate of traditional privacy coins—the result of complete anonymity is being delisted from mainstream exchanges. On Ethereum’s side, they chose full transparency, exposing all business-sensitive information. Both extremes are impractical.

This is precisely the issue that must be addressed before RWA (Real-World Assets) can be widely integrated into blockchain. If 2026 truly marks the explosion of RWA, projects that have made the right choices now may seize unexpected opportunities.