Secret (SCRT) is a cryptocurrency that operates on a privacy-oriented blockchain, built on Cosmos. Its smart contracts, known as Secret Contracts, enable decentralized applications (dApps) to utilize private data without exposing it on the blockchain ¹. This is made possible through encryption protocols and key management within a Trusted Execution Environment (TEE).$SCRT
*Key Stats:*
- _Market Capitalization_: $66 million ¹ ²
- _Circulating Supply_: 290 million SCRT ¹ ²
- _Total Supply_: 306 million SCRT ¹ ²
- _24-hour Trading Volume_: $1.9 million ¹ ²
*Features:*
- _Privacy-Preserving Smart Contracts_: Secret Contracts allow for private data to be used without exposing it on the blockchain ¹
- _Encryption Protocols_: Data is encrypted and protected through key management within a TEE ¹
- _Decentralized Applications_: Secret Network enables developers to build privacy-preserving dApps ¹
*Use Cases:*
- _Private Voting Mechanisms_
- _Credit Scoring Applications_
- _Decentralized Finance (DeFi) Applications_
You can trade SCRT tokens on various exchanges, including BYDFi, Kraken, and KuCoin ². Would you like to know more about Secret Network or its potential use cases?