@LayahHeilpern What do the 7 000 000 (mostly unvaccinated) people say that died from Covid? Do they also try to brag about how "smart" they were by not taking the vaccine?
@HomeAffairsSA The worst possible service AGAIN! It is the second day my wife and I had to take a day leave to attend Home Affairs to renew a passport for my minor child. Now I am told that both of us must take another days leave and keep my son out of school to come back AGAIN
“They” said NHI, Bela and EWC will never happen. Well…it has happened. “They” also say prescribed assets and foreign exchange controls can never happen. I say, good luck if you base your future life on such ignorance…..
I have been following @DuskFoundation | $DUSK for quite some time now and with the release of Mainnet scheduled for October 15, there is lot to be excited about - namely the Phoenix 2.0 upgrade.
Here are the reasons why I am so bullish on $DUSK ⬇️
Privacy & Compliance:
Phoenix 2.0's implementation of privacy + compliance is a game-changer. It enables confidential transactions, while providing the option for sender verification - which is crucial in regulated environments.
Institutional Appeal:
Designed with a focus towards regulated finance, Phoenix 2.0 enhances $DUSK's usability for RWA + Tokenization. This positions $DUSK as the go-to solution for Financial Institutions looking to venture into blockchain solutions, whilst adhering to legal frameworks.
Zero-Knowledge Proofs (ZKPs):
By leveraging ZKPs, Phoenix 2.0 not only maintains transaction confidentiality but also enhances the security and privacy aspects of the network.
Audit & Transparency:
The publication of the Phoenix audit results demonstrate $DUSK's commitment to security and transparency.
Strategic Positioning:
The move towards privacy with regulatory compliance positions $DUSK strongly in the RWA sector, potentially reducing competition from other privacy-focused projects that might not heavily focus on regulatory requirements.
Innovation in Transaction Model:
Phoenix 2.0's novel transaction model, hinted in the audit - showcases innovation in how privacy and verification are handled, setting a new standard for privacy.
Summary:
$DUSK's strategic decisions like focusing on privacy + regulatory compliance within RWA's indicate a clear, long-term vision to onboard the wave of Financial Institutions + Key Players - bridging the gap between DeFi > CeFi.
Elon Musk’s advice to ambitious people:
Try to read a lot of books (read broadly), ingest as much information as you can and develop a good general knowledge.
@natbrunell Socialist theories always sound romantic. In South Africa woman are paid for getting babies. It's not working out well with some of the highest unemployment rate in the world!