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- Contracts:
$124,389,267
$87,171,663
$1,370,295
271,355,295 SCRT
142.69%190,165,060 SCRT
293,363,864 SCRT
Secret Network SCRTSecret Network (SCRT) Chart
Secret Network (SCRT) Return On Investment(ROI)
Secret Network (SCRT) Price Now
Secret Network price today is $0.4584 with a 24-hour trading volume of $1,370,295. SCRT price is down -4.96% in the last 24 hours. It has a circulating supply of 271.36Mil SCRT coins and a max supply of 190.17Mil.
In order to search for real-time and historical information about Secret Network (SCRT) blockchain, including data related to blocks, transactions, addresses, and more, you may use Secret Network (SCRT) block explorers. Here are some of the most popular and useful Secret Network (SCRT) blockchain explorers out there:
What Is Secret Network(SCRT)?
Secret Network is a blockchain-based, open-source protocol that lets anyone perform computations on encrypted data, bringing privacy to smart contracts and public blockchains. Secret Network mission: improve the adoption and usability of decentralized technologies, for the benefit of all.
What Makes the Secret Network(SCRT) Unique?
Secret Network is a blockchain protocol built with Rust enabling decentralized applications (dApps) to perform encrypted computations. Secret Contracts make it possible for dApps to use private data on the Secret Network, and are similar to smart contracts on Ethereum and other blockchains.
What makes Secret Contracts special is their ability to take encrypted inputs and produce encrypted outputs without exposing any data using encrypted contract states during Secret Contract execution.
For example, Secret Contracts allow developers to create private voting mechanisms that are provably correct within their dApps, or credit scoring applications capable of generating credit scores using verified user data without ever exposing sensitive user data on-chain. Traditionally blockchain-based applications have struggled with preserving data privacy, and Secret Contracts aim to solve the blockchain privacy problem.
The Cosmos SDK using Tendermint for consensus was used to build the Secret Network. Enigma, a company known for making privacy-preserving applications and encrypted computational services, is a significant core contributor to the Secret Network.
Data privacy on the Secret Network is achieved through a combination of key management and encryption protocols working within a Trusted Execution Environment (TEE).
What Is Secret Network(SCRT) Foundation?
The Secret Foundation is a key organization in the Secret Network ecosystem. It is dedicated to building, researching, and scaling adoption of decentralized technologies for the public good, with privacy at their core. Its guiding values are Usability, Sustainability, Impact, and Empowerment.
Among other activities, the Secret Foundation will: help establish efficient and effective governance and communication practices for the Secret Network community (and the foundation itself), produce useful educational materials, and advance research and development of privacy-preserving networks and applications while maintaining a global presence that helps to expand their positive impact and universal adoption.
What is SCRT?
SCRT (pronounced "Secret" ) is the native coin of the Secret Network. This means SCRT is used to pay fees and transfer value on the network. Secret nodes must stake SCRT in order to operate on the network, and in return they receive fees and network rewards in SCRT. When nodes go offline, they can be "slashed" and lose a portion of their SCRT stake. Holders of SCRT who are not operating nodes may "bond" their stake to a specific node in order to become a delegator. Delegators have an opportunity to earn a share of fees and network rewards by supporting a particular set of validators.
Another utility for SCRT is the governance of the network. Secret nodes can create and vote on governance proposals using SCRT, allowing for decentralized control of the network.
What Are the Major functions of Secret Network(SCRT)?
- Paying Fees--To use applications on Secret, you need to hold and spend SCRT. Just like how ETH works on Ethereum, SCRT is used to pay all computational and transactional fees associated with applications on the network.
- Staking--By "staking" SCRT with the validators supporting Secret Network, "secret nodes", you help secure the network and SCRT rewards.
- Governance--All stakers can participate in governance of Secret Network, helping set the future direction of our network and community.
Where Can I Buy Secret Network(SCRT)?
Investing in Secret Network(SCRT) can seem complicated, but it is much easier when you buy Secret Network(SCRT) through a cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold Secret Network(SCRT) — both for fiat money and other cryptocurrencies. Some of the most popular Secret Network(SCRT) cryptocurrency exchanges are:
Secret Network (SCRT) Community
- Twitter: https://twitter.com/SecretNetwork
- Reddit: https://reddit.com/r/secretnetwork
- Telegram: https://t.me/SCRTcommunity
What is Secret Network (SCRT) Contracts address?
Secret Network FAQ
What is the price of Secret Network (SCRT) coin?
The current Secret Network usd price is $0.4584. We update the Secret Network USD price in real time. Get live prices of Secret Network on different cryptocurrency exchanges around the world on Coincarp.
Is Secret Network (SCRT) coin a good investment?
It depends on your personal risk tolerance and investment goals. Secret Network is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Secret Network investing, you will also need to understand the Secret Network project's white paper, team background, tokenomics, and the overall market environment.
The main ways to get involved in Secret Network investing are by participating in Spot, Perpetual, ETF/Leveraged trading or pledging to earn interest. Perpetual and ETF/Leveraged trading are very risky and are not recommended for non-professionals.
Where can I buy Secret Network (SCRT) coin crypto?
You can buy Secret Network from a cryptocurrency exchange (CEX or DEX) or some cryptocurrency wallets. Usually we choose cryptocurrency exchanges to buy, most exchanges require you to set up an account and verify your identity before buying Secret Network. Cryptocurrency exchanges that currently support Secret Network trading include:
If there is any error, please feedback to us, our email is hello@coincarp.com. Please be aware that buying and selling Secret Network involves high risks.You should always do your own research and make sure you understand the risks associated with Secret Network trading before you begin.
How to short Secret Network (SCRT) coin?
The easiest way to short Secret Network is through margin trading, usually with Perpetual contracts, Futures contracts, ETF/Leveraged. Only a few cryptocurrency trading platforms allows short selling due to the considerable risk involved in this type of trading.
To start shorting Secret Network, open a margin account, provide some collateral for your short position, borrow some coins from the trading platform, and start short selling. Keep in mind that shorting Secret Network or any other cryptocurrency is high-risk. Exchanges that currently support shorting Secret Network are:
What will Secret Network (SCRT) coin be worth in 5 years?
It is impossible to predict what Secret Network will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Secret Network's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Secret Network 5 years from now.
SCRT Price Statistics
Secret Network Price
$0.4584
Price Change24h
$-0.023923 4.96%
24h Low / 24h High
$0.4544 / $0.4854
Trading Volume 24h
$1,370,295
Volume/Market cap (24h)
1.1%
Market Dominance
--
Market Rank
#294
Market Cap
$124,389,267
Fully Diluted Market Cap
$87,171,663
7d Low / 7d High
$0.3919 / $0.4856
30d Low / 30d High
$0.3903 / $0.7595
90d Low / 90d High
$0.3571 / $0.8646
52 Week Low / 52 Week High
$0.2387 / $0.8646
All Time High
$10.59
All Time Low
$0.2387
