About Secret Network

Secret Network, launched in 2020, is a blockchain focused on privacy, enabling participants to utilize its technology and provide customizable privacy for decentralized applications. Aiming to cater to industries needing data protection, like medicine and finance, it employs 'secret contracts'—interoperable smart contracts designed for privacy. The native cryptocurrency, SCRT, with a total supply of 190,198,234, is used for governance, transactions, and staking rewards. Secret Network's key feature is its privacy-by-default 'secret contracts', encrypted to hide inputs, outputs, and state unless access is granted. 'Secret Nodes' implement privacy controls within applications, allowing developers to build privacy-focused dApps. Unlike other blockchains, data encryption happens at the input l...