There is an old pattern in the blockchain circle: first launch a working version, then add features as you go. It's like quickly building a rough house, with plumbing, electricity, and heating installed later. This approach can indeed accelerate progress, but it also comes with many side effects—the pipelines added later are the most prone to problems.
However, some projects have taken a completely different path. Dusk chose to treat privacy and compliance as the foundational load-bearing walls in their initial architecture design. The cost is a longer development cycle and increased technical difficulty, but the payoff is a more solid foundation.
Many privacy solutions on the market today are essentially just temporary curtains installed outside transparent glass houses. These curtains have light leaks, can be blown away by the wind, and everyone can see that you’ve put up a curtain—making it a conspicuous marker.
Compliance solutions face similar issues. Many projects rely on off-chain verification combined with centralized audits to meet regulatory requirements. This is akin to forcefully installing a centralized security guard at the entrance of a decentralized supermarket—the trust structure of the entire system becomes very fragmented.
A friend who has worked in investment banking for over twenty years once told me: "If we handle transactions on the blockchain but still rely on manual review and offline documents to pass compliance, then why bother putting it on-chain?" That question hits hard.
In 2018, Dusk’s team faced a fork in the road: should they patch up an existing public chain or build from scratch? They chose not the quick fix but decided to rebuild entirely.
This decision had far-reaching implications: the virtual machine must be capable of directly handling privacy computations without relying on convoluted workarounds; the consensus mechanism must natively support compliance requirements rather than adding a verification layer afterward. Both factors significantly increased development difficulty.
Looking at it from today’s perspective, although this path initially seems to be at a disadvantage, if privacy and compliance are truly to become standard features of blockchain—and not just optional—designing from the ground up might be the only reliable choice. It may seem slow in the short term, but in the long run, it could be the fastest way forward.
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BearMarketSurvivor
· 01-21 02:19
The curtain theory is amazing, you can tell at a glance that you're "privacy" hahaha
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Honestly, I like Dusk's logic, but it really tests fundraising ability
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That investment banker’s comment really hit home; there are indeed a lot of fake on-chain applications now
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Building a virtual machine consensus mechanism from scratch—this difficulty... The early team must have been tortured to death
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Still the same point, short-term is for baking, long-term is for building. Most projects die in the short term
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Compliance + native privacy support, if they really pull it off... I believe this is the next-generation infrastructure
View OriginalReply0
SchrodingerProfit
· 01-19 11:01
Curtains are truly impressive; this is the real portrayal of most privacy coins nowadays.
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Building from scratch is indeed slow, but it’s much more cost-effective than patching vulnerabilities later.
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I need to screenshot my friend from the investment bank’s comment, it’s so insightful.
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Dusk’s move was actually a long-term gamble that paid off; now it depends on whether it can break out later.
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Compliance + native privacy support is indeed a top-tier challenge, but this is the right path.
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The analogy of a rough house is very vivid; most projects in the circle are like that now.
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Compared to launching quickly and then patching, I still think Dusk’s approach is more reliable.
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That analogy of centralized security haha, it hits the pain point of pseudo-decentralized projects perfectly.
View OriginalReply0
LeekCutter
· 01-18 16:54
Haha, isn't this just saying that most projects are in the "拼夕夕" mode?
It's quite hitting home, really. Those patch solutions after the fact are bound to fail sooner or later.
Dusk's approach is actually correct; it's just that they can endure too much.
Wait a minute... Does that mean compliant chains could really become a necessity?
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MemecoinTrader
· 01-18 16:33
yo the classic move: ship the beta, patch forever. but dusk actually said nah, let's bake privacy & compliance into the foundation from day one. that's the real alpha play—everyone else slapping band-aids on broken architecture lol
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4am_degen
· 01-18 16:25
Take your time and do quality work; Dusk's recent choice was indeed a correct gamble.
Rapid iteration has been overused in Web3 for a long time; projects still relying on this approach have little prospect.
Those that can truly survive long-term must fundamentally get things right from the start.
There is an old pattern in the blockchain circle: first launch a working version, then add features as you go. It's like quickly building a rough house, with plumbing, electricity, and heating installed later. This approach can indeed accelerate progress, but it also comes with many side effects—the pipelines added later are the most prone to problems.
However, some projects have taken a completely different path. Dusk chose to treat privacy and compliance as the foundational load-bearing walls in their initial architecture design. The cost is a longer development cycle and increased technical difficulty, but the payoff is a more solid foundation.
Many privacy solutions on the market today are essentially just temporary curtains installed outside transparent glass houses. These curtains have light leaks, can be blown away by the wind, and everyone can see that you’ve put up a curtain—making it a conspicuous marker.
Compliance solutions face similar issues. Many projects rely on off-chain verification combined with centralized audits to meet regulatory requirements. This is akin to forcefully installing a centralized security guard at the entrance of a decentralized supermarket—the trust structure of the entire system becomes very fragmented.
A friend who has worked in investment banking for over twenty years once told me: "If we handle transactions on the blockchain but still rely on manual review and offline documents to pass compliance, then why bother putting it on-chain?" That question hits hard.
In 2018, Dusk’s team faced a fork in the road: should they patch up an existing public chain or build from scratch? They chose not the quick fix but decided to rebuild entirely.
This decision had far-reaching implications: the virtual machine must be capable of directly handling privacy computations without relying on convoluted workarounds; the consensus mechanism must natively support compliance requirements rather than adding a verification layer afterward. Both factors significantly increased development difficulty.
Looking at it from today’s perspective, although this path initially seems to be at a disadvantage, if privacy and compliance are truly to become standard features of blockchain—and not just optional—designing from the ground up might be the only reliable choice. It may seem slow in the short term, but in the long run, it could be the fastest way forward.