#367 rank
Secret

Secret scrt

Secret Price in USD

$0.297

-2.56%

0 ETH

0 BTC

Price Change

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MAX

Secret Price Statistics

Current Price

$0.297

Fully Diluted MarketCap

$196,185,050

Total Volume

4,618,835

Total Supply

291,430,864.486

Circulating Supply

271,355,294.756

What is Secret?

Secret Network secret|c|scrt is the first cryptocurrency blockchain to offer completely private smart contracts. The Secret Network blockchain nodes cannot even view transactions made on Secret Smart Contracts. Secret Network's native SCRT coin is not a privacy coin. All transactions made in SCRT are publicly viewable, just like those on Bitcoin or Ethereum. However, Secret tokens issued on the Secret Network preserve privacy by default, like Monero

The Team Behind Secret

Secret Network was initially known as Enigma, a layer-2 scaling solution for Ethereum which added privacy to smart contracts. Enigma was created by MIT graduates Can Kisagun and Guy Zyskind in 2014. Currently, Tor Bair is the core contributor. He finished his MBA at MIT with Can Kisagun, becoming involved in Enigma. Before, Tor was a professional options trader. He also worked as a data scientist at Snapchat before going full-time with Enigma in 2017. On February 13th, 2020, Enigma was rebranded to Secret Network after a community vote, partially due to Enigma's bad press due to SEC charges

Top Value Drivers For Secret

The main reasons to invest in Secret include: - The first blockchain to offer programmable privacy to smart contracts. - Secret Network was built using the Cosmos SDK, which can process close to 10,000 transactions per second. - Users can stake SCRT to get voting rights and yield from staking rewards and fees in the network. - Received $400M in Ecosystem Funding from DeFiance Capital, Alameda Research, CoinFund, HashKey, and more

FAQs

The current price of Secret is USD 0.297.

The total supply of Secret is 291,430,864.486 and circulating supply of Secret is 271,355,294.756

The trading volume of Secret is 4,618,835 in the last 24 hours.