![]() Only 0.59% for the foundation and 4.71% for inflation, which is necessary for sustainability. The final estimated figures of token distribution are as follows, a total of 170M coins were released, among that 44% for the community, 21.18% is for teams, 17.65% of coins will go for ENIGMA, and affiliates treasury, 11.76% for the ecosystem. In order to store, stake SCRT coin users require a wallet traders can go for any of the following: ‘Keplr’, which is useful for all applications in the network, Citadel.One, Cosmostation, Ledger Nano. There are decentralized exchanges in the Secret network (SecretSwap, Sienna) and Ethereum network (SushiSwap, UniSwap) where users can purchase Secret coins. ![]() They can initiate a buy order on centralized exchanges such as Binance. ![]() Users can directly buy SCRT coins using a bank account or credit card from the Secret network’s website. It is used as the gas fee across all Secret apps. SCRT is the native token of the Secret network. The Secret network is positioned well and resourced for the long run. The Secret network community includes artists, Secret forums, developers, and Secret podcasts ultimately, the project believes that developers, users, and organizations need ultimate control over their data, so privacy is the prime thing when files are transferred through blockchain. NFTs are also private by default, and they are the verifiable representation of unique events and items. SecretNFTs are non-fungible tokens of a Secret network. Once the assets are dispatched across the Secret Bridge, the Secret Token contracts will execute, then the asset will be encrypted to only be viewable to address owners or those who hold the viewing key. Secret Bridges are used for the transfer of digital assets on other networks such as Ethereum, Binance, etc. The decentralized financial applications of a Secret network are cross-chain, interoperable, private by default, and utilize low fees. Secret finance ensures the protection of the financial data of customers. This functionality is not simply possible on other networks. This allows applications to utilize encrypted data, which enables unique cases. Secret contracts are written in ‘rust programming language’. The Secret network blockchain claims Secret apps are decentralized and permissionless applications that are private by design. The privacy-preserving applications of the Secret networks are called ‘Secret apps’. Users can share these viewing keys with auditors, wallets, and explorers by controlling the data. Encrypted data in the Secret network can be viewed using ‘viewing keys’. TEEs use all platforms, such as smartphones and video game consoles. Trusted execution environments function like black boxes in data processing. ![]() TEEs enable security and privacy for computation over encrypted data. They utilize trusted execution environments. The Secret network is built in secret nodes, which is a decentralized network of computers. The Secret network protocol has ‘programmable privacy’ it is arbitrarily complex data privacy controls within an application. With the Secret tools, developers can build decentralized applications by keeping the privacy of data. The Secret network brings encryptions to smart contracts, which means the input and output of Secret smart contracts are fully encrypted, providing default data privacy for smart contracts. ![]()
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