Tor Bair of Secret on Why Private Smart Contracts Are Important - Ep.286

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Secret Network is a privacy-first, permissionless layer 1 blockchain built for computational privacy. Tor Bair, founder of Secret Foundation, a developer of Secret Network, discusses what makes Secret Network unique, including smart contract privacy, private metadata for NFTs, and how regulators should treat privacy tech in blockchain. Show highlights:
● how Tor fell down the crypto rabbit hole
● what the Secret Network is and how it is bringing privacy to blockchain
● why public blockchains are problematic
● what makes Secret Network different from Monero or Zcash
● how Secret Network works from a technical perspective
● what type of applications Secret Network can support that public blockchains cannot
● why blockchain voting is probably a bad idea (for now)
● what attack vectors exist regarding Secret Network
● how Secret Network nodes work and why there are only 50 of them
● how Secret Network fixes miner extractable value (MEV)
● what DeFi applications are possible on Secret Network
● how NFTs on Secret Network are different from public blockchain NFTs
● how regulators should treat Secret Network

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Episode Links

Tor Bair
Twitter
https://twitter.com/TorBair
Website
http://www.torbair.com/
Medium
https://medium.com/@TorBai


Secret Network
Primers
Messari:
https://messari.io/asset/secret-network/profile
https://messari.io/article/shhhhh-it-s-a-secret-network
Decrypt:
https://decrypt.co/resources/what-is-secret-network-scrt-formerly-enigma
Coin Monks:
https://medium.com/coinmonks/what-is-secret-network-bad9a233c481
Tech Crunch:
https://techcrunch.com/2021/05/03/in-the-race-towards-web-3-financial-privacy-secret-network-attracts-backing-from-key-players/
Introduction from Enigma/Secret
Article:
https://blog.enigma.co/introducing-secret-network-ed48621754ad
Video:
https://www.youtube.com/watch?v=c70BBVUCxxk
Tech
Smart contracts → Secret contracts
https://scrt.network/blog/programmable-privacy/
Upcoming Supernova upgrade (November 9)
https://scrt.network/blog/supernova-explosive-vision-future-secret-network
Secret NFTs (only the holder can view the NFT)
https://scrt.network/blog/secret-opensea-partner-nfts-world-renowned-artist
https://www.yahoo.com/now/secret-network-partners-opensea-launch-130000946.html
SCRT Tokenomics
https://scrt.network/blog/secret-network-tokenomics-and-ecosystem-pool
https://scrt.network/about/about-scrt
Secret Network block-explorer/node explorer
https://secretnodes.com/secret/chains/secret-3
Ecosystem
https://scrt.network/ecosystem/overview
Graypaper
https://scrt.network/graypaper
Node information
https://docs.scrt.network/node-guides/secret-nodes.html

Enigma
Original ICO
`https://icodrops.com/enigma/
Research
https://picoloresearch.com/upload/attachment/14614.pdf
Enigma token swap
https://medium.com/staky-io/how-to-swap-eng-enigma-to-scrt-secret-f80d855992ef
https://blog.enigma.co/enigma-announces-settlement-with-sec-and-successful-launch-of-enigma-mainnet-3811ef291705
https://beincrypto.com/privacy-token-enigma-files-with-sec-after-settlement/

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