Tor Bair of Secret on Why Private Smart Contracts Are Important

November 2, 2021by Laura Shin

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

• Twitter
• Website
• Medium

Secret Network

• Primers
  • Messari: 
  • Decrypt: 
  • Coin Monks:
  • Tech Crunch: 
• Introduction from Enigma/Secret
  • Article:
  • Video: 
• Tech
  • Smart contracts → Secret contracts
  • Upcoming Supernova upgrade (November 9)
  • Secret NFTs (only the holder can view the NFT)
• SCRT Tokenomics
• Secret Network block-explorer/node explorer
• Ecosystem
• Graypaper
• Node information

Enigma 

• Original ICO
• Research
• Enigma token swap