Altaf Balti

The development of blockchain technology has gone to the extent that generalization is not as important in comparison to specialization. Early blockchains were decentralized and security-friendly whereas subsequent networks attempted to have NFTs, up to gaming and DeFi all on a single layer. Plasma (XPL) is a next step in this chain of evolution - a blockchain that is built with a specific and goal-oriented focus, that is, it is intended to be the most efficient and scalable infrastructure of payments and financial applications on stablecoins.
With the growing popularity of the use of stablecoins in the real world, Plasma can be viewed as not a different chain with experimental applications, but a serious financial infrastructure that is designed to facilitate international money transfer.
Knowing the Core Vision of Plasma.
Plasma is a Layer-1 blockchain that is optimized to support stablecoins like USDT and USDC. Plasma is a token type that is specifically aimed at stablecoins instead of being another type of token. This solution will solve a significant issue in crypto today: stablecoins are popular, but most blockchains have not been designed to support them in large volumes at low costs and quick settlement.
The mission of Plasma is to facilitate instant, low-cost and dependable digital dollar transfers, either between individuals, businesses or decentralized apps. This contributes to its relevance especially in remittances, merchant payments and institutional financial flows.
Technical Performance and Architecture.
The high-performance blockchain design is one of the best strengths of Plasma. The network has Proof-of-Stake consensus mechanism which enables quick block-production and quick finality. Confirmation of transactions is fast and hence, the network can be used in payment applications with speed sensitivity.
Plasma is also compatible with EVM and, that is, developers can run Ethereum smart contracts with minimum adjustments. This compatibility means that developers can more easily build applications with it and Plasma can access the vast Ethereum developer base at a lower cost and higher performance.
The other notable innovation is the support of zero-fee transfers of stablecoins in the protocol level of Plasma. Plasma will eliminate friction by decoupling gas mechanics and stablecoin transactions, with custom fees, allowing every user to just send or receive digital dollars.
The Role of the XPL Token
The native token of the Plasma ecosystem is its native token, XPL. Although the main form of transferring value is stablecoins, XPL is the economic and security infrastructure of the network.
XPL is used for:
Smart contract and complex network transaction charges.
Staking, validators get rewards by locking XPL to ensure the network is secure.
Governance, a token holder is able to engage in protocol upgrades and parameter changes.
Ecosystem rewards, such as network growth programs and developer rewards.
This design makes sure that XPL receives value based on the use of the network without compelling people who use everyday stablecoins to deal with volatile assets unless it is required.
Supply Structure and Tokenomics.
The tokenomics of the Plasma are designed in such a way that they create the balance between the long-term sustainability and the growth of the ecosystem. The supply of XPL is fixed and divided among the participants in the public, developing the ecosystem, and validating and early contributors.
The ecosystem will get a considerable share of tokens that will be used to fund expansion of the ecosystem in the long-term and provide incentives to developers, partnerships, and infrastructure development. The distribution of the validator rewards is by controlled inflation, which reduces over time to prevent over dilution.
Such a balanced strategy shows the interest of Plasma in long-term investing in financial networks and not short-term speculative funds.
Real-World Use Cases
The design of plasma makes it applicable to a variety of applications in the real world, where it has a high impact:
Cross-Border Payments
Conventional global remittances are tedious and costly. Plasma is also an excellent alternative to old payment rails because it can transfer stablecoins across borders almost instantly at low cost.
Remittances
Millions of individuals depend on the remittances, and they may pay high fees to the middlemen. These fees can be lowered considerably by the low-cost stablecoin transfers offered by plasma, and the network will be faster and more transparent.
DeFi and Financial Applications.
Producers are able to create decentralized exchanges, lending systems, and payment systems which utilize stablecoins for most functions to minimize volatility risk to consumers.
Merchants and Business Payments.
Plasma is applicable to e-commerce, payroll, and subscription businesses where companies can accept the digital dollar to settle quickly and at reasonable prices.
Potential Ecosystem and Adoption.
Plasma is entering the market when stablecoins are the key to crypto finance. As regulatory clarity is increasing in most jurisdictions and institutional adoption is increasing faster, the demand to have stablecoin infrastructure that can be depended on is on the rise.
The compatibility of EVM with plasma, performance orientation, and design as a stablecoin provides the latter a good chance to appeal to developers and financial platforms. The need to stake on the XPL and engage in the network will keep increasing as more applications start being launched on the network.
Risks and Challenges
Plasma has its challenges although it has strengths. The most important element is the adoption - the network needs to gain users, developers, and liquidity in order to be successful. Other Layer-1 and Layer-2 solutions have high competition, and regulation changes related to stablecoins may affect growth.
Nevertheless, the specialization that Plasma will have can be its biggest asset in a market that is becoming more and more saturated.
Summary: The Future of Finance in Plasma.
Plasma (XPL) does not aim to become everything at once. Rather, it prioritizes executing one activity exceptionally: enabling global-level financial activity based on stablecoins. Plasma is an attractive glimpse into the future of digital payments with a combination of high performance, EVM compatibility, free wire transfers of stablecoins, and a carefully designed token economy.
As the area of stablecoins keeps closing the gap between traditional finance and the blockchain technology, Plasma can serve as a building block of a new generation of financial infrastructure in the world.
@Plasma #Plasma $XPL

Dans la nature, la vitesse n'est pas la caractéristique de la dominance, mais la stabilité, la résilience et la capacité à soutenir d'autres créatures. L'image de Vanar est l'incarnation précisément de ce type de pouvoir : pacifique, stable et fiable. Vanar Chain, une blockchain de niveau 1 développée pour répondre aux exigences exigeantes des jeux, du divertissement et des écosystèmes Web3 à grande échelle, est basée sur la même philosophie.
Avec le développement actuel de la technologie blockchain, cela est devenu évident, la plupart des réseaux actuels ayant du mal à laisser derrière eux la première vague d'adoptants. Web3 n'est pas encore pleinement adopté par les utilisateurs classiques en raison des frais de transaction élevés, des coûts variables et des confirmations lentes ainsi que d'un onboarding complexe. Vanar Chain répond à tous ces défis au niveau fondamental ; il fournit une infrastructure qui n'est pas utilisée pour spéculer, mais pour être utilisée en réalité à l'échelle mondiale.

La vitesse ou le bruit ne sont pas des facteurs de survie dans la nature. Il s'agit d'endurance. Le morse ne survit pas dans l'environnement le plus sévère de la terre en s'appuyant sur sa capacité à réagir rapidement, mais grâce à sa conception pour survivre. Le protocole Walrus est représentatif du monde en évolution de l'infrastructure Web3 selon le même principe : fort, stable et conçu pour durer.
Avec la technologie blockchain laissant place à la spéculation, c'est l'un des défis qui ne peut être négligé : la permanence des données. Différents types de contrats intelligents, NFT, rollups et applications décentralisées nécessitent d'avoir des données qui seront accessibles dans le temps. En l'absence de stockage efficace, la décentralisation est faible. Le protocole Walrus est là pour aborder ce problème à sa base.

L'utilisation de la technologie blockchain est devenue bien plus que ce qu'elle était initialement destinée à être utilisée pour les paiements entre pairs et l'expérimentation. Avec une augmentation de l'adoption, l'accent est mis sur la possibilité que la blockchain puisse efficacement soutenir des systèmes financiers contrôlés. La finance conventionnelle fonctionne selon un ensemble de règles strictes dans les domaines de la confidentialité, de la conformité et de la certitude de règlement - des critères que de nombreuses blockchains publiques n'étaient jamais destinées à satisfaire. Dusk Network a été fondée pour combler cette lacune et fournit une infrastructure conçue pour soutenir les frontières financières institutionnelles et réglementées.

The blockchain technology has demonstrated that it can eliminate intermediaries, decrease costs, and enhance transparency. But with the maturity of the industry a dark reality has become apparent: most blockchains are not built to serve regulated financial markets. Where openness and permissionless access can be effective in experimentation and in retail settings, the traditional finance has quite different limitations. The fundamental requirements include privacy, compliance, auditability and certainty of settlement. Dusk Network is designed keeping these facts in mind, as it presents a new blockchain architecture designed with institutional and regulated financial applications in mind.
Dusk is a purpose-built blockchain system, instead of altering existing public blockchains. Its design is driven by the profound knowledge of how financial markets operate, where the information has to be secured, regulations have to be implemented, and transactions have to be finalized with some certainties.
The reasons why the traditional blockchains are not good to institutions.
Cryptocurrencies such as Bitcoin and Ethereum have public blockchains, which value transparency. All transactions are transparent and can be traced and placed in a publicly ledger book that is permanent. Although this gives trustless verification it also causes major issues to the financial institutions. Without running the risk of market manipulation, competitive disadvantage, or rule-breaking, banks, asset managers, and issuers cannot publicize transaction information including trade sizes, counterparties or internal flows that are sensitive.
Privacy blockchains tried to address this issue by concealing all the details of transactions. Although they are useful in privacy of individuals, such systems usually eliminate accountability. Financial institutions cannot exist in the environments when compliance checks and audits, as well as regulatory reporting, are impossible.
This poses one basic paradox transparency versus confidentiality and complete privacy versus compliance. The Dusk Network is developed to address this tradeoff and bring about controlled privacy which is confidential in nature, but can be verified when need be.
Fiduciary Privacy.
The philosophy of privacy that Dusk uses is well-organized. The transactions may be implemented in a covert fashion, which hides the sensitive information to the view of the society. Simultaneously, the network allows selective disclosure when authorized parties have access to the required information provided under a specified set of circumstances.
This is reflective of the old financial systems where the transaction information is not publicly accessible, but rather can be audited by the regulatory bodies, auditors or law enforcement agencies where needed. In the case of tokenized securities, an institution that issues them can prove to be compliant without exposing its full transcription history to external scrutiny.
Dusk allows achieving privacy and at the same time maintains trust and regulatory conformity by directly incorporating this balance into the protocol.
Settlement Certainty and Performance by finance grade.
Risk in financial markets is uncertainty. A number of blockchains are based on probabilistic finality where the security of the transaction increases with time but is not instant. This model will expose settlement risk and operational complexity and is therefore not applicable in professional financial scenarios.
Dusk resolves this issue by having a consensus mechanism that is aimed at giving quick and final deterministic finality. The confirmation of transactions takes only a few seconds and once done it cannot be undone. Such degree of confidence is fundamental in trading, clearing and settlement, where financial and legal liabilities rely on accurate results.
Fast finality also enhances the efficiency of capital. Institutions do not have to wait a long confirmation cycle before redeploying assets and this lowers friction and overhead in operations. This is drawing blockchain settlement nearer to the anticipations of the conventional financial infrastructure.
Flexible Transaction Modelling in the Real World.
Multiple transaction models on the same network is one of the most useful innovations of Dusk. Not every financial activity is transparent and various usage scenarios necessitate varying degrees of transparency.
Dusk embraces an account-based, transparent transaction model that can be applied in situations with the need of openness like open reporting or activities connected with governance. In conjunction with this it provides a privacy-saving transaction model which allows confidential transfers of sensitive financial transactions to take place.
This dual-model structure gives the institutions the option of determining the level of disclosure without leaving the network. It does not force one to choose between transparency and confidentiality, which allows Dusk to be flexible across a broad spectrum of controlled financial uses.
Secrecy of the Smart Contracts of Financial Logic.
The current day finance is based on automation. Smart contracts are used to issue, settle, comply, and manage assets through programmable rules. But in the vast majority of blockchains, smart contracts are completely transparent, showing business logic and sensitive parameters.
Dusk launches confidential smart contract features with a focus on financial applications. These agreements are able to run privately and yet verifiable and safe. This enables institutions to automate complicated financial procedures without exposing proprietary logic or delicate circumstances.
The tokenized securities, regulated lending platforms and institutional financial products that need both automation and confidentiality are some examples of use cases. Dusk is a new approach that allows financial applications to be executed privately on-chain, allowing blockchain to support a much broader range of financial applications.
Construction as a Regulation, Not as a Fight.
One of the markers of Dusk Network is that it is aligned with regulatory realities. Rather than looking at regulation as a constraint, Dusk considers it as a design constraint. Its architecture can be used in compliance, audit needs, and legal controls.
With tokenization and blockchain-based settlement under regulatory investigation by regulators around the world, compliance supporting infrastructure will be trusted by institutions. Dusk gives a structure in which decentralized technology can co-exist alongside regulatory demands, as opposed to trying to circumvent them.
It is this that renders the Dusk more pertinent now with a transition in financial markets to tokenized assets, on-chain settlement, and digital financial instruments.
Conclusion: Next generation Infrastructure to accelerate the pace of blockchain adoption.
Adoption of blockchain is at a new stage, one that is not based on experiments, but actual financial utilization. To achieve a successful transition, this infrastructure has to address the needs of the institutions, regulators and professionals in the market.
Dusk Network offers a compelling service that offers privacy, compliance, and performance as one purpose-built product. Its emphasis on regulated confidentiality, rapid finality of settlements, flexible transaction models, and confidential smart contracts is a good starting point to establish regulated on-chain finance.
With the traditional finance gradually going on-chain, real-world constraints blockchains will spearhead adoption. Dusk Network is a place designed not ideologically, but in a financial reality.@Dusk #dusk $DUSK

Avec la maturité de la technologie blockchain, la technologie n'est plus utilisée comme une innovation expérimentale, mais comme une infrastructure financière sous-jacente. Les blockchains initiales ont démontré que les systèmes décentralisés pouvaient être exploités de manière sûre sans la présence d'intermédiaires centralisés. Mais ils n'avaient jamais l'intention de remplir le but de la
les demandes opérationnelles et réglementaires des marchés financiers conventionnels. La présence de problèmes tels que le manque de transparence totale des transactions, l'insuffisance de la finalité des règlements et le manque de contrôles de confidentialité suffisants ont rendu l'adoption institutionnelle généralisée inatteignable. L'objectif de Dusk Network est d'établir une blockchain spécifique aux finances réglementées.