Secret header image

Secret

SCRT

Crypto

Decentralised Networks

USD 0.17-9.45%

Secret
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About
Decentralised Networks
Category
n/a
Consensus Mechanism
L1
L1/L2
Other
Sub-cateegory
n/a
Ecosystem
2020
Year of creation
Description

Secret (SCRT) is a Decentralised Networks crypto coin. Secret`s origin block was generated on 2020-02-13. More information can be found at https://scrt.network.



Key Technical Advantages:

Customizable Privacy: Secret Network is the first blockchain that offers customizable privacy. This means users can control what data they share, with whom they share it, and for how long. This privacy-by-default feature is essential for the security and adoption of the decentralized web. Privacy Technology: Secret Network uses unique key management techniques, encryption schemes, and Trusted Execution Environment (TEE) technology to bring encrypted input, output, and state to the blockchain. The network reaches consensus using delegated Proof-of-Stake and Byzantine Fault Tolerance, without any node having access to the data they process. Secret Contracts: These are privacy-preserving smart contracts implemented on the Secret Network. Secret Contracts enable computation with private metadata, opening up unique use cases that are not possible on other blockchains. Examples include user-side encrypted data storage and communication, NFTs with private content and ownership, and lending protocols with private collateralization information. SCRT Coin and Secret Tokens: SCRT is the native coin of the Secret Network, used for gas fees, governance, and staking towards network security. Secret Tokens are created by wrapping SCRT or any bridged token from other ecosystems (like Ethereum, Binance Smart Chain, Monero, Cosmos/IBC), granting immediate privacy. Interactions with Secret Tokens are private by default. Ecosystem and Development: The Secret Network ecosystem includes a community of over 100 developers and business leads from around the world. They are supported by the community pool, SCRT Labs, the Secret Foundation, 80 validators, and numerous infrastructure and investment partners. The recent upgrades to the network have brought increased performance and interoperability, as well as enhanced privacy features. Content summarized by AI chatbot

Source:

https://docs.scrt.network/
Key figures
-74.0%1Y
-96.1%3Y
-55.5%5Y
Performance
0/ 01D
0/ 01M
0/ 01Y
Highs/ Lows
13.09.2022
USD 9.96
All Time High
1.74%
% of All Time High
-98.36%All Time
-79.82%1 year
Max drawdown
#462
Ranking by Market Cap
53.59 M
Market cap (USD)
0.00%
% of Market
563.376 B
Category Market Cap (USD)
0.01%
% of Category
318450782
Circulating Supply
302690313
Liquid Supply
95.05%
Liquid/ Circulating Supply

N/A

Not Available Currently
Max Supply

N/A

Not Available Currently
Circulating/ Max Supply
5686414
Volume Traded
8.46%
Volume Traded/ Market Cap

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