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Secret Network is the first blockchain with privacy-preserving smart contracts. That means applications built on Secret can utilize encrypted data without revealing it to anyone, even the nodes in the network. For the first time, Secret Network allows developers to build powerful, permissionless, privacy-preserving applications - Secret Apps. Blockchains are public by default. That means that all the data used in smart contracts is exposed to everyone. For blockchain technology to achieve global adoption, users and organizations need control over how their data is used – they can’t just expose it to everyone. Secret Network solves the problem of privacy, helping to secure and scale the decentralized web.
Secret Network is a proof-of-stake network. Its native coin Secret (SCRT) is used for staking, governance, and network fees. Staking SCRT allows you to run Secret Nodes and receive a share of fees and network rewards. The first Secret Network mainnet launched in February 2020.
This channel is operated by Secret Foundation - an organization dedicated to building, researching, and scaling adoption of decentralized technologies for the public good, with privacy at their core.
