Dusk Network

by Dusk Network B.V.

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UMA Token

by Risk Labs

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Stakenet

by Stakenet

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Dusk Network

by Dusk Network B.V.

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UMA Token

by Risk Labs

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Stakenet

by Stakenet

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What problem does this service solve?

Dusk's goal is to create a blockchain infrastructure for issuing securities with enhanced privacy features.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.Stakenet allows users to participate in the staking process and validate new transactions, without removing their coins from their wallets.

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Company Description

The Dusk Network is a privacy-oriented blockchain protocol that is designed for creating programmable and confidential securities. Dusk places a strong focus on privacy and aims to make it easier for developers to create digital securities and zero-knowledge DApps. The network is currently powered by the Ethereum based DUSK token.

The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts.

Stakenet is a blockchain with a unique Trustless Proof of Stake (TPoS) consensus mechanism that allows users to participate in the staking process without having to freeze their coins in the wallet. It's powered by the native coin XSN and is managed by its own masternodes. Stakenet (XSN) was created to build an ecosystem that allows easy and secure offline staking and cross chain communication. It has characteristics of Bitcoin, Dash and Peercoin, that were modified for their own purposes. XSN uses the Bitcoin Core, an improved Dash masternode architecture, and Peercoin's validation mechanism for creating new blocks.

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