Secret (SCRT)

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Enigma (ENG) - now Secret Network (SCRT) is a cryptocurrency made by an MIT-bred team of experts and co-founded by Guy Zyskind and Can Kisagun in 2017. It is a decentralized secure computation protocol that aims to solve the problem of privacy of any kind of blockchain computation - not just transactions.

The Enigma protocol utilizes “secret nodes” in its blockchain network where computations over encrypted data are performed. In doing this, Enigma can extend Ethereum smart contracts by introducing secret contracts. With Enigma, Ethereum secret contracts are computed off-chain on the Enigma protocol through multi-party computation (MPC). Moreover, Enigma’s distributed hash-table (DHT) technology enables data to be stored securely and privately off-chain while helping with scalability for the Ethereum network. Essentially, Enigma brings privacy to highly transparent and public blockchains while also increasing scalability by implementing off-chain computation.

The Enigma protocol hopes to be at the forefront of a decentralized ecosystem of world-changing applications powered by Enigma. It’s setting out to realize this vision by playing an integral role in the protocol layer, platform layer, and application layer. Some of the industries Enigma could potentially reshape include personal data, healthcare and genomics, credit, and the internet-of-things (IoT)

Enigma (ENG) is an ERC-20 token with a total supply of 150,000,000 ENG and a circulating supply of 74,836,171 ENG. The Enigma ICO was held in September 2017 where 50% of the tokens (100,000,000 ENG) were sold at a price of 1 ENG = 0.60 USD. The Enigma project raised $45,000,000 USD during the ICO.

In this tag you can discover Enigma (ENG) news, price prediction, opinion and analysis created by users.


17 Nov 2023 2 minute read 0 comments A COMPLICATED WAY OF LIFE

NURTURING NATURAL INTELLIGENCE IN THE AGE OF ARTIFICIAL INTELLIGENCE  In an era dominated by the exponential growth of Artificial Intelligence (AI), humanity finds itself at a crossroads. The quest to maximize AI's intellectual potential parallels an...

Secret Network can now can be utilized by Ethereum dapps for availing its privacy functionalities!!

27 Oct 2023 4 minute read 0 comments Greenchic

  Source Secret Network’s recent upgrade to version 1.11 has enhanced the Network’s interoperable connection with the Ethereum Blockchain. This enables Ethereum and EVM chains to more directly reach out and avail Secret Network’s privacy- preserving...

Enigma for Dummies: An Insight into Scaling Bitcoin Like Never Before

31 May 2023 3 minute read 0 comments The Art of Tomas

TLDR: Key Takeaways The Enigma Network seeks to act as a 'Settlement Layer' between Bitcoin's main chain (L1) and second layer solutions such as the Lightning Network (L2). Enigma allows for batch transactions that can execute on both L1 and L2 s...

Omakasea Defi Lesson 4- Secret Network

20 Feb 2023 2 minute read 0 comments vanassen.eth

 The Secret Network, built on IBC with Cosmos, with their private ecosystem of d’apps and privacy tools, set themselves apart from the herd of blockchains by offering a level of privacy for developers and users to take advantage of to protect their a...

Customizable Privacy with Ankr's Secret Network RPC

24 Jan 2023 3 minute read 0 comments Ankr Network

Building on the “privacy hub for Web3” just got a lot easier with Ankr’s RPC connection and gateway to communicate with the Secret Network blockchain. Secret Network has made waves in the blockchain space with its Layer 1 blockchain and a relatively...

Secret Network, the Blockchain, powering the Web3 space with the missing element of privacy

30 Nov 2022 5 minute read 1 comment Greenchic

Source Secret Network makes it possible for users to have privacy over their data in Web3 Something missing in Blockchain Networks despite all the positive transformations they bring to the world Till now, we have been excited using Blockchain power...


19 Nov 2022 2 minute read 0 comments Diomedes

  It’s Saturday. I have little to do, so I took the luxury of staying in bed an extra hour, letting my thoughts roam, and lines of poetry, many favorites over the many decades since my youth came to mind. A few brought a tear to my eye. It was a sad...

Weekly Crypto Market Wrap: the Rebirth of LUNA and Top 3 DeFi Losers

6 Jun 2022 2 minute read 0 comments Mike Ermolaev

The crypto market remains unstable. Bitcoin and Ethereum still struggle to regain their value and go back to the prices of before May 12. It seems that all the world’s political events and chaos in the stock market just won’t let digital assets move...

StakeEasy SEASY: Liquid Staking for SCRT on the Secret Network Blockchain

6 May 2022 3 minute read 1 comment 2sats

*obligatory not financial advice*   What is StakeEasy? StakeEasy is a platform for liquid staking of the SCRT coin on the Secret Network blockchain. Secret is a smart contract blockchain that has privacy by default and is highly interoperable thanks...

Orbem Wars on Secret Network (with some NFTs for grabs)

4 May 2022 1 minute read 0 comments Cosmonauta

This week Domerium Labs which is the company behind Orbem Wars updated their anticipated tower defense game to Alpha version 5, with some improved graphics-sound FXs and bug fixes. Each updates brings new NFTs for the grabs as well, in this play-to-e...