Price
$0.0953
12/2/2022, 2:02:50 PM
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Market

Market stats

Market cap

$39.4M

Volume (24h)

$1.9M

Circulating supply

413.4M DUSK

All time high

$1.17

Price change (1h)

-1.12%

Price change (24h)

-1.21%

Price change (7d)

+8.06%

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Dusk Network is on the rise this week.

The price of Dusk Network has risen by 8.06% in the past 7 days. The price declined by 1.21% in the last 24 hours. In just the past hour, the price shrunk by 1.12%. The current price is $0.0953 per DUSK. Dusk Network is 91.85% below the all time high of $1.17.

The current circulating supply is 413,364,409.316 DUSK.

About

What isDusk Network (DUSK)?

Dusk Network (DUSK)is a privacy blockchainfor financial instruments. The network is a security technology with a secure blockchain and an open-source infrastructure to help businesses automate the costly process and tokenize financial instruments. The platform aims to enable any enterprise to meet compliance requirements, collaborate at scale, and ensure the confidentiality of transaction and personal data. Organizations can utilize the Dusk Network blockchain to issue tokens, collaborate, and trade through smart contracts.

The platform realized that the most popular proof-of-workmechanism of Bitcoinand Ethereumcannot address the requirement to provide a clear and final settlement of transactions. Therefore, the platform came up with a proof-of-blind bid consensus to maintain privacy in-network and settle transactions in the network. As the whitepapersuggests, the Dusk Network consensus mechanism allows permissionless participation in state transition execution, addition, and validation to the global state while preserving strong finality guarantees for the state transitions.

The protocolis created to maintain privacy while transacting with a native asset protocol named DUSK, along with the support of zero-knowledge primitives on the generalized compute layer. Also, with the advanced encryption procedures and zero-knowledge cryptography, the platform seeks to empower businesses to comply with financial market directives and enable businesses to engage in global alternative finance safely.

DUSK is the official cryptocurrencyused within the network. Businesses can use the tokento pay for network services, run or deploy a smart contract, and transfer XSC or DUSK-based security tokens. XSC is a confidential smart contract designed to issue security tokens. The DUSK token aims to compensate the nodes for verification, storage, and bandwidth for each transaction submission in the network.

History of Dusk Network (DUSK)

The infrastructure of the Dusk Network was created in early 2018 along with the whitepaper version 1.0. The latest whitepaper, version 3.0 of the platform, was published on March 1, 2021. The network was invented by Emanuele Francioni, the author of the official whitepaper. Other core members of the team include Jelle Pol, the business lead at Dusk, Fulvio Venturelli, the lead devops, and Mels Dees, the marketing lead at Dusk Network.

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FAQ

What is the current price of Dusk Network?

The price of 1 Dusk Network currently costs $0.0953.

What is the market cap of Dusk Network?

The current market cap of Dusk Network is $39.41M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Dusk Network?

The all-time high of Dusk Network is $1.17. This all-time high is highest price paid for Dusk Network since it was launched.

What is the 24 hour trading volume of Dusk Network?

Over the last 24 hours, the trading volume of Dusk Network is $1.85M.

What other assets are similar to Dusk Network?

Assets that have a similar market cap to Dusk Network include Neblio, Terran Coin, DFI.Money, and many others. To see a full list, see our comparable market cap assets.

How many Dusk Network are there?

The current circulating supply of Dusk Network is 413 million.