💟 Market Health (October-19) In this period, BTC is approaching the $64000 zone and it will take more time to conquer this zone. And in the past few days Altcoins are accumulating quite a lot but the price is still decreasing, so we can expect that in the next few days Altcoins will have rapid and strong price increases and it will be very difficult to buy these coins at good price range. Let's continue to accumulate according to our plan
💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
Dusk Network brands itself as a privacy blockchain for financial applications. It is a layer-1 blockchain that powers the Confidential Security Contract (XSC) standard, and supports confidential smart contracts. Dusk Network aims to address the requirements and needs of financial markets. Central to its design are thus a scalable public infrastructure, directsettlement finality of transactions, and strict data privacy.
Through the use of a novel transactional model called Phoenix, Dusk Network focuses to bring privacy and anonymity to transactions, as well as smart-contracts. Additionally, tokens deployed on Dusk Network can build on top of Zedger, a hybrid privacy-preserving model based on Phoenix, developed specifically for security tokens.
The ‘Segregated Byzantine Agreement’ (SBA) consensus mechanism secures the network. According to the team from Dusk Network, SBA is an improvement over the underlying Proof-of-Stake (PoS) mechanism as it combines existing ideas like "cryptographic sortition (lottery), stealth time-locked transactions (hidden stake amounts) and a reputation module to increase the chances of selecting honest nodes and further promote decentralization".
DUSK tokens can be used as a utility token to initiate transactions, atomic swaps or deploy smart contracts. DUSK can also be staked to participate in consensus and serves as a means of exchanging DUSK-denominated value. In the future, the team intends to expand the use-cases of DUSK by adding it to an on-chain governance system.