What is Secret Network (SCRT)?


What is Secret (SCRT)?

Secret Network (SCRT) is a permissionless blockchain with data privacy by default. Allows for the development of privacy-preserving applications for Web3.

The Secret Network Coin (SCRT) – Secret Network is powered by its native coin $SCRT. Used for transactions, fees, staking rewards, and decentralized governance of the network.

Programmable Privacy –  Applications on Secret Network can use trusted execution environments (TEEs), Secret Bridges and advanced encryption to enable new use cases for smart contracts & Dapps.

Secret Contracts – Secret Network is the first blockchain with privacy-preserving smart contracts. Supports encrypted inputs, outputs and state for enhanced data privacy protection on the blockchain.

Secret  Apps – Developers can build decentralized, unstoppable Secret Apps that can utilize encrypted data without exposing the actual data. Protects sensitive financial data for Secret Finance & Secret DeFi applications.

Secret Tokens & NFTs – Secret Tokens (SNIP-20) are smart contract interactions that mint private tokens which are used across the ecosystem, such as for Secret Finance & Secret NFTs.

WEBSITE: https://scrt.network/


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