Dusk Network is a blockchain that aims to provide privacy in financial markets through its scalable public infrastructure, strict data privacy, and direct settlement finality. The blockchain employs a Private PoS leader extraction-based consensus protocol and Zero-Knowledge proofs to support confidential smart contracts and the Confidential Security Contract (XSC) standard. Users can take advantage of fast transactions with immediate on-chain finality, complete privacy, and public access. Additionally, the blockchain's designs adhere to Shariah principles. As a result, we consider DUSK as Shariah compliant.
| Category | Details | Status |
|---|---|---|
| Legitimacy | Not regulated by any countries or regulatory bodies. The project has a clear roadmap and genuine product on the blockchain, while the token/coin has a fundamental underlying value that allows it to be categorized as "Mal". | Passed |
| Project | Dusk Network is a blockchain that prioritizes privacy in financial markets, achieving this through a scalable public infrastructure, direct settlement finality, and strict data privacy. It utilizes Zero-Knowledge proofs and a Private PoS leader extraction-based consensus protocol to support the Confidential Security Contract (XSC) standard and confidential smart contracts. Users can benefit from fast transactions with immediate on-chain finality, complete privacy, and public access. The blockchain's designs are compliant with Shariah principles. The transactional model, Phoenix, ensures anonymity and privacy for both transactions and smart contracts. | Passed |
| Financials | The token is not backed by any equity, thus there is no financial screening on this token. | Passed |
| Token | The network is powered by the native token called DUSK. This token is utilized by businesses to pay for network services, which includes the deployment and execution of smart contracts, as well as the transfer of DUSK or XSC based security tokens. Whenever a transaction is processed by the network, DUSK is used to compensate the network nodes for their services, such as bandwidth, verification, and storage. | Passed |
| Staking Method | By staking their DUSK tokens, potential node runners can become Provisioners and subsequently receive DUSK rewards through a combination of block rewards and gas fees. | Passed |
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