Hassan Maishera
On Monday, the Secret Network announced via a blog post that it has integrated its Confidential Computing Layer with Solana, a blockchain built for mass adoption. With this integration, Secret Network will provide Solana with decentralized confidential computing (DeCC) tooling, documentation, and support. This will unlock powerful new capabilities for applications in the Solana ecosystem.
The team added that integrating DeCC enables features such as private voting for DAOs, encrypted storage for various applications, secure random number generation for games, confidential data linked to NFTs, sealed-bid auctions for NFTs and other assets, and encrypted order books for DeFi applications.
DeCC (Decentralized Confidential Computing) is a category of technology enabling blockchain applications to store and compute encrypted data, without having to reveal that data to the entire world.
Secret Network is an interoperable blockchain infrastructure that aims to enable computational privacy for general-purpose smart contracts. SCRT is trading at $0.2099, down 1% in the last 24 hours.
Solana is a high-speed single-layer blockchain that currently supports a peak capacity of 65k transactions per second and 400ms block times using a network timestamp system called Proof-of-History ("PoH"). SOL, the native coin of the Solana ecosystem, is up 2.5% today and currently trades at $156.11.
