Ziro

Learning

[Ziro @zirocnight]

dusk is the first chain i have studied where the compliance stack is the product and the blockchain is the delivery mechanism.

the framework, compressed for keeps.
@DuskFoundation #dusk $DUSK

[Ziro @zirocnight]

the structure, familiar if youve watched ethereum. protocol changes get proposed as formal documents, discussed publicly, refined, and adopted or rejected....the eip model, imported. anyone can author one, the repository is open, the history is public.
@DuskFoundation #dusk $DUSK

[Ziro @zirocnight]

Phoenix works with shielded notes.

They're fundamentally different ways of representing value, yet the user shouldn't necessarily have to think of them as two completely unrelated financial identities.
@DuskFoundation #dusk $DUSK

[Ziro @zirocnight]

compliance doesn't always need to know who you are.
sometimes it only needs to know whether you satisfy a condition.
that's the idea behind Citadel that i found interesting.
Instead of treating identity as one giant document that gets copied everywhere
@DuskFoundation #dusk $DUSK

[Ziro @zirocnight]

cryptos founding physics, keys are ownership, lost keys are lost funds, no exceptions, no appeals. thats not a flaw, its the trustlessness itself. but regulated securities live under DIFFERENT physics, and the difference is legal, not technical.
@DuskFoundation #dusk $DUSK

[Ziro @zirocnight]

@Usama80777611 Very very nice high quality use keep it up nice you will go further further upward upward 👆

[Ziro @zirocnight]

@Usama80777611 Nice 🙂 very nice keep it up you will taraqi yafta 👍👍👍

[Ziro @zirocnight]

dvp settles in one transaction, deterministic finality.... the limbo closes. cash and asset swap in the same instant, and theres no "incoming" to lend against, no gap to invest, no two-places-at-once.
@DuskFoundation #dusk $DUSK

[Ziro @zirocnight]

an institutional custodian must prove, continuously, that client assets exist and are segregated.... auditors verify balances, regulators demand attestations, clients want statements.
@DuskFoundation #dusk $DUSK

[Ziro @zirocnight]

an institutional custodian must prove, continuously, that client assets exist and are segregated.... auditors verify balances, regulators demand attestations, clients want statements.
@DuskFoundation #dusk $DUSK

[Ziro @zirocnight]

one of the very few venues licensed under the eu's dlt pilot regime, the sandbox framework letting regulated entities run trading and settlement ON distributed ledger technology, legally.
@DuskFoundation #dusk $DUSK

[Ziro @zirocnight]

one of the very few venues licensed under the eu's dlt pilot regime, the sandbox framework letting regulated entities run trading and settlement ON distributed ledger technology, legally.
@DuskFoundation #dusk $DUSK

[Ziro @zirocnight]

an institution holding client assets cannot store keys on someones laptop. regulations demand segregation of duties, no single person able to move funds.
@DuskFoundation #dusk $DUSK

[Ziro @zirocnight]

an institution holding client assets cannot store keys on someones laptop. regulations demand segregation of duties, no single person able to move funds.
@DuskFoundation #dusk $DUSK

[Ziro @zirocnight]

dusk trade is structured to settle against it. npex's planned migration brings assets that need a compliant cash leg. the 21x relationship connects toward another licensed venue. a short list.... and thats exactly the point of todays post.
@DuskFoundation $DUSK #dusk

[Ziro @zirocnight]

tokenized bond, check. but if the euros live in a bank account, your back to reconciliation, the asset settles instantly and the cash crawls through sepa.... you havent killed t+2, youve just moved it to the money side.
@DuskFoundation #dusk $DUSK

[Ziro @zirocnight]

credentials prove eligibility, but someone ISSUES credentials, so whos accredited to accredit? (the answer reshaped how i think about this whole chain)
@DuskFoundation #dusk $DUSK

[Ziro @zirocnight]

the venue asks, is this wallet an eligible eu investor.... the proof answers yes, mathematicaly, without your name, address, or documents ever touching the chain.
@DuskFoundation $DUSK #dusk

[Ziro @zirocnight]

dusk has an answer i havent seen anywhere else, TWO transaction models running side by side (institutional brain immediately interested)
moonlight handles transparent public account flows
@DuskFoundation #dusk $DUSK

[Ziro @zirocnight]

dusk has an answer i havent seen anywhere else, TWO transaction models running side by side (institutional brain immediately interested)
moonlight handles transparent public account flows
@DuskFoundation #dusk $DUSK