What is Secret (SCRT)?

Deep Dive

1. Privacy-Centric Architecture

Secret Network uses Trusted Execution Environments (TEEs) – secure hardware enclaves – to encrypt all data processed by its “Secret Contracts.” Unlike zero-knowledge proofs, TEEs allow complex computations on encrypted data while maintaining auditability. This design ensures transactions, balances, and smart contract logic remain private by default but can be selectively disclosed via viewing keys for compliance.

2. AI and Confidential Computing

The network’s Secret AI SDK integrates TEEs with GPU hardware, enabling privacy-preserving AI applications. For example, developers can build DeFi bots that execute trading strategies without exposing logic or user data. Partnerships like Cintara use Secret’s tech to run encrypted LLMs for healthcare and finance, ensuring sensitive data stays sealed even during processing.

3. Tokenomics and Governance

SCRT tokens power staking (≈23% APR), governance voting, and gas fees (≈0.005 SCRT per transaction). Inflation adjusts dynamically between 7%–9% to incentivize network security. Validators and delegators jointly govern upgrades, with proposals requiring a majority of staked SCRT to pass.

Conclusion

Secret Network redefines blockchain privacy by merging confidential computing with cross-chain interoperability, making encrypted data usable for DeFi, AI, and enterprise applications. As adoption grows, can it balance regulatory compliance with its core ethos of user-controlled privacy?