What Exactly Is Dust Protocol (DUST)?

amberrrr789

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Aug 23, 2022
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The DeGods ecosystem is powered by the Dust Protocol. An experimental group of NFTs on the Solana ecosystem is called DeGods. An Internet protocol called Dust was created to fend off various censorship attempts that are currently being used. Dust employs a cutting-edge method to create a safe, obstruct-resistant route for communication via a filtered channel. as soon as a channel has been created. Dust packets cannot be screened using conventional methods since they cannot be distinguished from random packets


Dust Protocol (DUST)
About Dust Protocol
In order to execute Kopsell's idea of blocking resistance as a required prerequisite to obtaining censorship resistance, the protocol dust was created to offer protocol unobservability. The Dust protocol is made to defend against an attacker that uses Deep Packet Inspection (DPI) to identify protocols and then blocks or throttles connections using them. All packets must be totally made up of random or encrypted single-use bytes in order for them to be indistinguishable from other random packets and other packets in order to achieve protocol unobservability.

The NFT project DeGod is the owner of the DUST Protocol. These colorful profile photographs are part of a "experimental collection" that was published on the Solana (SOL) blockchain. The DeGods NFT collection's utility token is the DUST protocol. NFT owners that stake their tokens can earn DUST.

Dust is made to defend against current attacks, which work by comparing protocol fingerprints against blacklists of well-known protocols. Whitelist filtering can be used as a straightforward defense against the Dust protocol instead of blacklist filtering.

Tokenomics of DUST
The well-liked and quickly expanding Solana Blockchain serves as the platform for the DUST cryptocurrency. A Solana Blockchain-based SPL token called Dust. It started out with a supply of zero. DUST calls itself a playable social game as well.

Maximum Provision
There is a 33,300,000 DUST maximum supply.

There will be three phases of halving. DUST staking payouts will be cut in half with each halving.
1. The mining of 16,650,00 $DUST tokens.
2. The mining of 24,975,000 $DUST tokens.
3. 291,750 $DUST coins were mined.

How Can I Earn DUST Tokens?
  • Staking. DeGods owners can stake NFTs to earn 10 DUST tokens per day, giving them a perfect passive income and pre-built ROI mechanisms.
  • Burning. Guardians have the option of burning their gods. Once their "god" is burned, it is removed from existence, which raises the worth of the collection of gods as a whole. In order to facilitate burning DeGods and give holders the chance to collect DeDAO Treasure DUST tokens, the team will shortly build a burning dApp.
How to Buy DUST Tokens?
To purchase DUST on MEXC, follow these instructions:
  1. Enter your MEXC account credentials, then select [Trade]. Select [Spot].
  2. To view the trading pairs that are accessible, type "DUST" into the search field. Use DUST/USDT as an illustration.
  3. Go to the [Spot] box by scrolling down. Enter the quantity of DUST you wish to purchase. Open a Limit order, a Market order, or a Stop-limit order, as appropriate. Use a market order as an illustration. To finalize your purchase, click [Buy DUST]. The DUST that you bought is located in your Spot Wallet.