Secret Network (SCRT): How PRIVATE Smart Contracts Can Revolutionize Crypto

7,595 Views · Posted 3 years ago

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.

#SecretNetwork, #SecretFoundaction, #SCRT, #privacy, #smartcontracts

Check out the Secret web site:
https://scrt.network/

0:00 Introduction to SCRT
0:50 Tell us about Secret Network
2:21 Why is privacy important?
4:20 How are people on the network incentivized?
6:50 Tell us about the importance of 'Open Source'
9:30 Tell us about the Tokenomics of Secret Network
11:50 Who are you competitors and how are you different?
15:07 What products have you built?
19:20 What international regulatory issues do you face?
22:19 What else can we expect from you guys?

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