[Community AMA] Quickfire Q&A with Dusk Founder Emanuele (April 26, 2025)

Here’s a quick summary of the impromptu AMA hosted by Dusk founder Emanuele (Ema) on Discord, April 26, 2025.

Full Q&A below :backhand_index_pointing_down:

@everyone 'ssup ■■■■■■■? I have a bit of time in between meets to chat with my favorite people
next week Dusk is gonna be in Dubai as golden sponsor of Binance Clubhouse and I am quite excited about it
but between that and Token2049, the event is gonna be quite packed with action, therefore I won’t have much time to hang around here

Q1
I’ll go ahead and be the one to ask the tired question: Do we see ITN rewards getting distributed before this quarter is out?

A1
it is next priority after the 2 way bridge, which is now in the work

Q2
Please can you explain what a golden sponsor is

A2
an organization that sponsors an event. Normally only a few selected organizations are allowed to become sponsors, have a booth, private events in the Binance area, networking possibilities, talks, panel participations, etc

Q3a
Can you share an update on how close/far the Dusk team is from starting to perform settlements on the Dutch stock exchange?

A3a
the rollout plan is the following:

  1. launch Dusk as DA+consensus+settlement layer for DuskEVM
  2. rollout of Zedger beta + tokenization of the first assets in mirroring mode
  3. connection to the EU central bank (T2S) + on-chain settlement of security transactions
  4. tokenization of assets in leading mode and operating assets from wallet directly
  5. on-chain trading + clearance

Q3b
any approx timeline on that?

A3b
No, but sooner than you think

Q3c
Sounds like a dream coming true, and is this all realisticly for 2025?

A3c
we will work to make it happen

Q4
Absolutely loved the news of hiring a seasoned TradFi veteran, Albert-Jan. Would like to hear how has it been working with him thus far?

Not the easiest nor cheapest hire I would imagine, but having a person like him in-house should pay back millionfold in my view

A4
the guy is an absolute savant of the financial market infrastructure

Q5
What is the progress made on DuskEvm, DuskPay and Zedger beta ?

A5
DuskEVM is gonna be on Testnet very soon. DuskPay depends on the EMT standard that is now complete and will be rolled out asap. Zedger Beta is also complete but we are gonna launch it with assets tokenized.

Q6

is dusk anyway involved in this ?(indirect answer will also work) :sweat_smile:

A6
maybe

Q7a
What are the main objectives for Q2 ?

A7a
rollout DuskEVM and begin transferring NPEX assets on it

Q7b
so will zedger beta be on duskevm? Is this a temporary step until full zedger is ready on dusk main chain?

A7b
Zedger is an application protocol and therefore can be implemented on any kind of architecture. Most likely we are gonna have EVM and Piecrust versions of it
but as it turns out, we discovered that Dusk can be a very potent modular chain that we can extend with different executions layers

Q8
Can you explain how the dusk and quantoz partnership is important if quantoz already has mica compliant USDQ/EUROQ that are not running on Dusk? Is it to provide redundancy/reliability?

A8
For Quantoz we are an extremely valuable partner. Dusk is working with NPEX to implement settlement & clearance. In order to do clearance on-chain we need digital EUR and Quantoz is gonna provide that. In order to get into the clearing use case Quantoz sorely needs Dusk/NPEX as no other protocol+institution is working on that

Q9
Wen Euronext ?

A9
the first simulations we are running show that by using DLT, NPEX is gonna be orders of magnitude cheaper than Euronext. Plus, it can offer:

  • 24/7 trading
  • fractionalization of assets
  • instant settlement
  • no CCP margin costs
  • no settlement costs
  • no brokerage intermediation costs

Q10
T2S will be quite a milestone

DuskEVM is public right? Any plans for a privacy preserving L2?

A10
DuskEVM will have BLS12-381 as well as PlonK precompiles and we will add the proper host functions. Zedger circuits will be available there so we can add the privacy layer
HOWEVER, we are prioritizing speed, tooling, and adoption. Privacy is important, but we will introduce it at a second moment in the EVM

Q11
Evm to risc-v will it affect ligthspeed?

A11
Risc-V is awesome, but it is years away to be able to properly sandbox contracts. In that sense, I am not at all convinced that it will be advantageous compared to WASM

Q12
What are the most valuable things we can do as a community to assist you ?

A12
amplify our message, educate yourself and the others on what it means to participate in a decentralized infrastructure, submit bugs, help with documentation, get in touch if you have suggestions or ideas, grok RWA

Q13a
Is zedger is same what other tokenization platform like ondo/Securitize doing?

A13a
you can think of that as an extension since the other tokenization platforms do not normally have corporate actions, privacy-preserving swaps, nor support zk digital identity protocol

Q13b
But why still institutions using Transparent System for issuing asset? Like buidl of blackrock. dont they want privacy?

A13b
they do but the technology is pretty new and they are going at it step-by-step
also, it’s not that they have a choice at the moment. There is no protocol that is offering privacy alongside tokenization. And those that do tokenization are normally SaaS providers that use blockchain in the backend (Tokeny, Fireblocks, etc). So they provide privacy by means of centralization

Q14
Will DuskPay be sort of the web2 Payment Gateway of Dusk ?

A14
yeah in a way

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