Hassan Maishera
On Thursday, the Secret Network announced via a blog post that its Confidential Computing Layer is now integrated with Arbitrum, unlocking new DeCC capabilities for Arbitrum dApps.
Through this integration, Secret Network will provide the Arbitrum ecosystem with decentralized confidential computing (DeCC) tooling, documentation, and support, unlocking powerful new capabilities for Arbitrum applications.
Incorporating 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 that enables 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 $0.6946, down 1% in the last 24 hours.
Arbitrum is a suite of scaling solutions on Ethereum that utilize Optimistic Rollup. It allows users to enjoy faster speed and cheaper transaction costs when interacting with web3 dApps. ARB, the native coin of the Arbitrum network, is up 3% today and is trading at $1.1406.
