Last year at the beginning of the year, Dusk officially launched the DuskEVM mainnet. This event may not have caused a huge buzz in the community, but for those who truly care about technological evolution, it’s a significant signal. In an era where Layer 1 and Layer 2 solutions are crowded, the launch of an application layer that is both EVM-compatible and equipped with compliant privacy tools opens up new possibilities for "compliant DeFi" and complex financial applications.

First, regarding EVM compatibility. DuskEVM is fully compatible with the Ethereum Virtual Machine, which might sound like just lowering the development barrier? Actually, it’s more than that. Millions of Solidity developers worldwide can migrate their contracts to Dusk with zero learning curve, which is very attractive in itself. But the real significance lies in—it's essentially directly connected to the most mature DeFi protocol toolchains, development frameworks, and user bases within the Ethereum ecosystem. In the blockchain world, the prosperity of an ecosystem often depends on the network effect of developers and users, and EVM compatibility acts as a lever to rapidly ignite this effect.

However, Dusk’s ambitions are clearly more than just "copy and paste." As an application layer, the settlement pressure returns to its own Layer 1 consensus layer—high performance and high security. This architectural design provides a foundational support for DeFi applications and financial innovation that is both developer-friendly and equipped with native privacy and compliance capabilities, opening up possibilities for the next generation of financial applications.