Prețul SecretSecret · SCRT

Secret Network is a layer-1 blockchain built on Cosmos which uses TEE technology to ensure all input, output, and state are encrypted by default. This hardware approach is the fastest and most efficient form of confidential computing. Its smart contracts are called Secret Contracts and allow decentralized applications to use private data on Secret, similar to how smart contracts operate on other blockchains. However, Secret Contracts are private by default. Additionally, Secret Network has launched the Secret AI SDK which uses TEE-enabled GPU hardware, integrated with the L1 blockchain, unlocking privacy-preserving decentraized AI. Secret AI allows for end-to-end encrypted LLM models and AI agents, unlocking private chatbots, DeFAI agents, proprietary AI business models, and more. Through interoperability via Cosmos Inter Blockchain Communications standard and further integrations of Secret’s Confidential Computing Layer, it unlocks privacy-preserving smart contracts for public blockchains including Ethereum, major EVM networks, and Solana. Making Secret Network the confidential computing hub of web3 and AI.

Who Contributes to Secret?

Secret is a global and permissionless network allowing anyone to contribute and build on its powerful infrastructure. However, Secret was founded in the USA with a majority of the core protocol development being spearheaded by US citizens, through funding from US-based companies. The core development team, SCRT Labs was founded by Guy Zyskind, a US citizen, Former MIT researcher, and one of the most highly-cited authors on blockchain privacy. The CEO of SCRT Labs is Alex Zaidelson, who is based in Israel. List of companies and projects associated with the Secret Network that have significant ties to the United States: Companies Building on or supporting Marketing and BD for Secret Network: - Secret Foundation Inc.: A US-based organization focused on the development and promotion of Secret Network. - Secret Network Foundation: Executive director is a US citizen and employs US based contractors and employees for vital network initiatives. - EnigmaMPC: US-based core devs company, with US citizen Founder. - Stashh: Developing decentralized applications (dApps) on Secret Network, with US-based operations. - Shade: Through its association with Secure Secrets, has US-based developers. - SecretNodes Explorer: Explorer and infrastructure provider through Delta Flyer LLC, exclusively operated in the United States. - StarShell and SolarRepublic LLC: Company registered in and operating out of the United States. responsible for development and maintenance of the StarShell Wallet and several network protocols such as SNIPs and HEAPS. - Fluidefi : Infrastructure provider with US company and employees. - SilentSwap: Developers based in US - 15 Validators are US based. Other contributing organizations can be found on the Secret Network website.

What Makes Secret Unique?

Secret Network stands out with its focus on confidential computing, end-to-end encryption of data, and interoperability. providing the infrastructure for secure and privacy preserving web3 applications and AI use cases How Many Secret (SCRT) Coins Are There in Circulation? The initial total supply of SCRT was 170 million, distributed as follows: * Community: 75 million * Team: 36 million - vested between 2-4 years * Treasury: 30 million * Foundation: 1 million * Inflation. 8 million Secret targets an inflation rate of 9%, with a projected inflation rate of 9%, if less than 67% of the supply is staked, and a gradual increase to 7% when more than 67% is staked.

How Is the Secret Network Secured?

Secret uses a delegated proof-of-stake consensus mechanism called Tendermint. Validators stake SCRT and receive SCRT from delegators in return for verifying transactions, ensuring the protocol is running, and maintaining blockchain security. Dishonest nodes can see their stake slashed.