Dusk Network has recently released the first programmable zero-knowledge smart contract standard called XSC. These smart contracts are the facto standard for security token issuance, trading, and management.Recently, they also applied to be on Binance Chain. CZ has already confirmed the Dusk Network commitment to Binance chain by Retweeting Dusk's tweet. Within their Binance application they proposed two Binance Enhancement Proposals to further strengthen the Binance chain.1) BEP-PAF Proposal describes functionality to prevent "user-sided" front-running. The document proposes a modification to the transaction structure to include VDF-related entries utilized to "delay" the user from propagating a transaction instantly, essentially enabling the originator of the order to propagate the transaction without a risk of "user-sided" front-running under defined protocol conditions.Read more here [https://github.com/toghrulmaharramov/BEPs/blob/master/BEP-PAF.md]2) BEP-PoPoS Proposal describes functionality to provide trust-less information to the Binance Chain on the blocks "mined" on a Proof-of-Stake chain with a communication cost of block header and a small zero-knowledge proof (both SNARKs and Bulletproofs could be used, depending on the preference).Read more here [https://github.com/toghrulmaharramov/BEPs/blob/master/BEP-PAF.md]Potentially, I assume that this could lead to a partnership between the two entities as the proposal aims to significantly improve the Binance Chain and we know how CZ feels about projects that help Binance.
Submitted July 05, 2019 at 07:00PM
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