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

Unchained

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

 

Thank you to our sponsors!

Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021     

Nodle: https://bit.ly/3AXGydJ 

 

Episode Links

 

Tor Bair

Secret Network

 

Enigma 

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2021-11-02 69 min

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