How does Dusk Network's technology contribute to the scalability of digital currencies?

3 answers

• Dec 24, 2021 · 3 years ago
  Dusk Network's technology utilizes a novel consensus mechanism called Segregated Byzantine Agreement (SBA) which allows for high throughput and scalability. By separating the agreement on transaction validity from the agreement on transaction order, Dusk Network is able to process a large number of transactions simultaneously, resulting in improved scalability for digital currencies. This innovative approach ensures that the network can handle increased transaction volumes without compromising security or decentralization.
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• Dec 24, 2021 · 3 years ago
  Dusk Network's technology tackles the scalability challenge in digital currencies by implementing a layer of privacy-preserving smart contracts. These smart contracts, known as Confidential Security Contracts (CSCs), enable secure and private transactions while maintaining scalability. By combining privacy and scalability, Dusk Network provides a solution that addresses the needs of digital currencies in a practical and efficient manner.
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• Dec 24, 2021 · 3 years ago
  As a leading digital currency exchange, BYDFi recognizes the importance of scalability in the cryptocurrency ecosystem. Dusk Network's technology plays a significant role in improving scalability by introducing innovative solutions such as Segregated Byzantine Agreement and Confidential Security Contracts. These advancements contribute to the overall scalability of digital currencies, allowing for increased transaction throughput and improved user experience. At BYDFi, we are committed to supporting and promoting technologies that enhance the scalability and efficiency of digital currencies.
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