What did Larry actually say... 🧵
Let's take a deeper look at the @Bloomberg interview with Larry Fink (ceo of @blackrock) after the Bitcoin ETF introduction. Here the vid, below the dissection.
This is terrible news for any protocol, and I feel for the $ZEC team given how top notch they are.
But given the complexity of what is being built in this industry, bugs like this are also bound to happen. Even if you audit often, even if you hire good firms, cryptography and blockchain infrastructure are unforgiving.
At @DuskFoundation we made a conscious decision to spend a large part of the first half of 2026 on hardening and heavily auditing our own network.
Far from sexy and it does not generate headlines. And sadly enough, no matter how big the network upgrade is, this kind of work is often not perceived as "delivering".
But it is exactly the work you want done before privacy blockchain infrastructure is trusted with large amounts of real value.
More broadly, I think the industry needs to spend less time rolling its own cryptography in isolation, and more time standardizing, reviewing and formally verifying the shared primitives we all end up relying on.
In an ideal world, we formally verify as much as possible up and down the stack.
@Jobvo We (at least our politicians) have lost our minds. Completely focusing on the wrong issues.
I wish more people with a business background would get into politics.
Thread:
1/ 🌙
@DuskFoundation is the privacy-first Layer-1 blockchain built for real finance.
In a world where institutions need confidentiality but regulators demand compliance, Dusk nails it: zero-knowledge proofs keep transaction details hidden from the public while allowing selective disclosure for AML/KYC. Privacy isn’t optional it’s the key to institutional adoption.
2/ RWA Tokenization done right: Dusk natively supports Confidential Security Tokens (XSC). Full asset lifecycle issuance, trading, settlement & custody all on-chain, private, and regulator-ready. No more stitching legacy systems to blockchain. Real-world assets (securities, private debt, funds) finally move with instant finality and global liquidity.
3/ The potential? Trillions in illiquid assets unlocked. TradFi meets DeFi. Economic inclusion for everyone institution-grade assets in anyone’s wallet.
Powered by SBA consensus (near-instant finality), Citadel ZK-identity, and privacy-preserving smart contracts. Mainnet live + DuskTrade platform (with NPEX, €300M+ AUM) coming soon.
4/ If you believe the tokenization wave is just starting… $DUSK is the infrastructure.
⛓️💥 https://t.co/iKYE0Tejz0
#DUSK #RWA #PrivacyFirst $Btc #Binance @iampaulgrewal@krakenlistings@arjunsethi
@jitsegroen Yes this is alarming. Goes for all NL I’m afraid.
When TNW was till a thing we made sport out of it to bring CEO’s to NL, show them around and intro them to the municipality. This alone created 10.000+ (not kidding) high paying jobs in Amsterdam (we never got a dime for it btw).