Name : Secret Network (SCRT)
SCRT Price : $0.398 -3.1%
Consensus Mechanism : Delegated Proof of Stake
Volume: 2,651,122
Market Cap: 108,083,133
Shariah Judgement
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Last Screening: Q3 2023
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Overview
Secret Network is a decentralized ecosystem powered by a network of secure computing nodes, referred to as secret nodes, that employs both hardware-based and software-based privacy technologies. This innovative platform enables the creation of Secret Apps, which are permissionless applications capable of utilizing encrypted data without exposing the data itself, maintaining utmost security. Secret Network introduces unprecedented possibilities to blockchain applications. It pioneered private smart contracts on mainnet and utilizes Intel SGX Trusted Execution Environment, diverse encryption methods, and advanced key management to establish privacy as the default for blockchain users.
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