What is Secret Network (SCRT) | What is Secret (SCRT) | What is SCRT coin

Introducing Secret Network

Our mainnet blockchain is now known as Secret Network, thanks to a recent unanimous on-chain proposal. Learn more about Secret Network and how you can join the ecosystem!The Enigma team and over 20 independent validators (known as _secret nodes) _have been supporting the mainnet blockchain  since its launch in February. This mainnet is a proof-of-stake-based blockchain based on  Cosmos SDK / Tendermint and secured by a new native coin, Secret (SCRT).

Recently, a proposal was made utilizing on-chain governance to establish a clear brand for the network that would both reflect the name of the chain’s native coin as well as the network’s decentralized governance and broad community support.

This proposal passed with unanimous approval on May 17th, 2020.

So what does this mean for both the mainnet blockchain and Enigma the development company? For the mainnet, only the name is changing! The vision for the network remains the same as ever: a blockchain-based protocol that enables secure computations over encrypted data, bringing data privacy to public blockchains. This protocol will be known going forward as Secret Network — protecting data (and secrets) for users of decentralized applications (Secret Apps).

Meanwhile, Enigma the software company is still Enigma! Our focus remains on building and supporting groundbreaking privacy-focused technologies and networks. We are a key contributor to Secret Network and are continuing to build out functionality for the network. See our  April Development Update for some recent progress, including our achievement of  milestone 2 out of 3 on the path to enabling secret contracts on Secret Network! You can also visit our forum to read through weekly community updates and other development progress (such as  this update on the encryption protocol).

The Enigma team is supportive of this branding change for the network and is proud to continue working alongside the Secret Network community as well as the  validators currently supporting the Secret Network itself.

Since this rebranding proposal passed, Enigma and the community have taken the opportunity to further explore the Secret Network branding. Read on to see what’s changing, what’s next, and how you can get involved!

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Secret Network

The mainnet blockchain that is maintained by the Enigma team and other participants from the ecosystem is now known as Secret Network. The ecosystem and community are identified as the Secret Network ecosystem and community. This branding naturally extends the existing concepts of “ secret contracts” and “secret nodes” that have already been long established in the ecosystem.

Secret Network now has its own community-maintained website: https://scrt.network

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A quick look at the new scrt.network webpage.

In addition, the following properties have been established:

Secret Network Official Blog

https://blog.scrt.network—_ created with _Ghost

Secret Network Official Chat

https://chat.scrt.network— _core community real-time _Rocket.chat

Secret Network Official Forum

https://forum.scrt.network— the existing forum has migrated!

Secret Network Documentation

https://build.scrt.network/— hosted on GitHub, for devs and validators

Secret Network Official Twitter

https://twitter.com/SecretNetwork

Secret Network Telegram Announcements

https://t.me/SCRTnetwork

More community-maintained channels and resources will be established over the coming weeks and months as the Secret Network community grows. There will be plenty of opportunities to contribute! There are also a few announcements upcoming as well that will help shed some light on the path forward… For now, please join the above communities to stay up to date on all  Secret Network progress — from both the  Enigma development team and all other community contributors.

Secret (SCRT)

The native coin of Secret Network, Secret (SCRT) is denoted by this symbol, 𝕊, enclosed inside a circle.

The Secret 𝕊 evokes a flowing network and the duality of secrets: privacy and transparency.

The ends of the 𝕊 are open, allowing data to freely flow in and out.

The interior of the 𝕊 is private, an enclave that encloses the activity of the network itself.

The overall shape of the S is reminiscent of a yin-yang, again reflecting the many dualities of a privacy-preserving public network — a highly complex technology that exists to protect deeply human values.

SCRT has been used for staking and governance since the inception of the network in February, with multiple proposals passing successfully. Two active community-maintained block explorers are below, with more in development!

For those interested in Secret wallets, there is already wallet support for SCRT on Ledger S (and X) as well as from  Math Wallet. Stay tuned as additional support is developed — and if you’re interested in helping build out wallet support for the ecosystem, post on the Secret Network forum!

Incentivized Testnet and the Secret Games

As development work for Secret Network continues at its fastest pace, we are drawing ever closer to introducing _secret contract _functionality to the network. After this point, validators on Secret Network will be known as Secret Nodes, where the data being processed will be kept encrypted and secret even from the node itself.

As mentioned previously, we are intending to conduct an incentivized testnet for Secret Network where validators can help test this new functionality and be rewarded for their efforts. This first iteration of secret contracts utilizes Trusted Execution Environments (TEEs) to keep data private and secure. This means that for the testnet, validators will need to run an SGX-enabled computer or utilize an SGX-enabled cloud operator. For a detailed list of SGX enabled hardware and cloud options, please visit this link.

There will be many more details shared shortly about the incentivized testnet, but for now we are happy to share with you this brief interest form (which was also circulated previously). There’s a couple questions about your experience with operating nodes or validators for other projects. Please fill this form out, and someone will be in contact with you directly.

→ https://bit.ly/secrettestnet ←

_But that’s not all! _Even if you’re not interested in operating nodes on Secret Network, there will also be opportunities for developers, artists, writers, and other community members as part of a broader initiative that we’re calling the Secret Games. Stay tuned to the Secret Network channels for more information. The Games may have already started…

What should I do now?

We’d love to have you working alongside us as we expand the Secret Network and its community! Privacy has never been more essential to the blockchain space or to our world at large. Together we can build new types of groundbreaking applications and unlock substantial value while protecting users and their data.

**Validators: **fill out the testnet interest form! But also remember that the Secret Network mainnet has been active since February 2020. You can get started running your own node today (with no SGX required). Check out the documentation here, or come talk with community support on the Rocket.Chat or forum.

**Developers: **come check out the Secret Network documentation and give us your feedback. Go through our latest developer walkthrough. Ask all your questions about the Secret Network project and protocol on the developers forum. Share your ideas on killer privacy-first applications. Stay tuned for news about grants and funding that could be available to help you make your ideas into reality!

Community: join all the channels listed above (especially the Rocket.Chat and the forum) and get excited for the Secret Games! _Artists and game designers in particular: _definitely join the Rocket.Chat today and connect with us to learn how you can get involved in the early stages of the Secret Games! _Writers: _the same! There will be a lot of opportunities to work with us to produce educational materials around Secret Network, privacy, and more. Join us early and be rewarded :)

There will be more updates soon around Secret Games, technical progress, and other important community news. Please continue to follow all the new Secret Network channels to make sure you don’t miss anything exciting…

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What is Secret Network (SCRT) | What is Secret (SCRT) | What is SCRT coin
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