Privacy coin track has been quite interesting recently. Monero is known for its extreme privacy, but as a result, it faces delisting risks due to exchange concerns; the optional privacy solutions of Zcash sound good in theory but have become somewhat redundant in practice. DUSK, on the other hand, has taken a completely different approach.

The core innovation of this project lies in not simply adding privacy features on-chain in a brute-force manner, but in reconstructing the entire logic from the ground up—through technological innovations at three levels: confidential security token standards, programmable confidential smart contracts, and selective disclosure and auditing mechanisms. This creates a financial network that can both protect privacy and meet compliance requirements.

This balancing act indeed represents a new direction for the privacy track. In the context of increasingly strict regulations, projects that can find a niche between privacy protection and compliance are worth paying attention to.