BLOCKCHAINS ARE USELESS

Blockchain with privacy is better than blockchain without privacy. Thus, Secret Network is the only blockchain that matters and that could really be called a blockchain. A public blockchain is a concept not even heard of by the people 20 years from now. They will assume you were all stupid.


CAN YOU GET THAT THROUGH YOUR THICK FUCKING SKULLS? ALL THE OTHER BLOCKCHAINS ARE USELESS. USE-LESS. Why would anyone ever want a blockchain without built-in privacy? I hope you realize elections will be held on Secret Network when your kids are growing up, it won't be held on fucking Ethereum that's for certain.

Attached: SCRT.png (1138x556, 544.35K)

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bought this coin today. Waiting for $3

>Explain to me why I'd sign a contract I can't read

Just imagine Scrt mcap same as link mcap = 100$ baby

SEC evasion thread. check the catalog. op keeps letting these threads die bevause this shitoin is in direct violaion of a SEC cease and desist order. just goole Enigma MPC and SEC - then read the enigma blog where they annoumve that enigma protocol launchd on "a new network" and is now called sevret. OP is a scammin faggot

You can read the contract but not the names of the people involved that need not be named, as well as seeing how the contract computed that you’re unfit for the job and can’t be hired.

You are evading the fact that the decentralized network that has all of the functionality is already working and that you can try it for yourself.

Oh. You didn’t watch smartcon did you? Its already been solved

arbitrum is not private, you have trusted actors
arbitrum is a fucking sidechain protocol that needs to sync with the mainchain all the time, you absolute idiot. you think you can write any meaningful secret contracts using that or would you rather use a network that is from the inside out optimized for privacy and way faster than ethereum? hahahahah

Deco allows privacy on public chains

you don't know shit about privacy do you? that is zkp it let's you prove certain statements if you have access to the data yourself. it is not computational privacy like enigma has created.
chainlink will coexist with secret network until it becomes integrated into the secret network chain and utilize secret contracts run on the secret network instead of ethereum

>Great example. Certainly shows why this will be so popular.
Jokes aside, though. These guys fucked-up with the SEC. Now they're rushing to market with something in an attempt to get there before Ocean. Who do the same thing but with more credibility. And it's not even certain there's are market for what either of them do. Am I missing something? Indeterminate numbers and obfuscated streams of garbage? Let me ask you this: if it's secret, how do you even know it's true.

Enigma and ocean were partners at one point and they are still part of outlier venture convergence stack (along with link)

Secret does everything ocean can do plus so much more.

Research more

> if it’s a secret, how do you even know it’s true

Blockchain with privacy is better than blockchain without privacy. Thus, Secret Network is the only blockchain that matters and that could really be called a blockchain. A public blockchain is a concept not even heard of by the people 20 years from now. They will assume you were all stupid.


CAN YOU GET THAT THROUGH YOUR THICK FUCKING SKULLS? ALL THE OTHER BLOCKCHAINS ARE USELESS. USE-LESS. Why would anyone ever want a blockchain without built-in privacy? I hope you realize elections will be held on Secret Network when you're kids are growing up, it won't be held on fucking Ethereum that's for certain.

I’m sorry pal but you clearly have no idea. It works just like a regular server does today, how do you know your friends on Facebook are really your friends? How do you know Facebook didn’t trick you and made you think you had more friends than you did because Facebook thought you needed to get cheered up as it noticed you write some depressing shit on your wall. How do you know that is the case, it’s a secret after all? Why doesn’t Facebook just show us all who is friend with who so we can all verify that Facebook is in fact doing what it claims to be doing? Because then we would reveal the secret, which is who your friends are and who are the friends of celebrities or whatnot.

I hope you get what I’m trying to say. Also research more

op is a faggot

See you in a few months man. You’ll be back.

Bruh. Anyone who thinks they know what THE chain that WILL be used is; is retarded.

If you watched Ari’s talk you’d understand how Deco can be used to “access” data that you don’t have access to yourself, and also how it can be used to execute contract in which the underlying clauses are kept secret from outsiders (-> private).

So, you didn’t watch it, did you?

Tbh I dont give a fuck about chains being shilled left and right.

Yes it can access data I don’t have access to as well, yes it keep underlying clauses private.


It is not the same thing as COMPUTATIONAL PRIVACY, do you even have a cs degree? Have you ever implemented a compiler? Do you understand the difference between obfuscated inputs and queries about certain properties compared to being able to perform an operation like “add”, can deco compute what 3+5 is, not it can’t it can just ask two data sources if they have a number greater than 3 or 5 and say that their sum is greater than or equal to 7. I don’t have to watch his talk because I understand the technology.

And don’t get me wrong. Deco is great but it will be used for different purposes.

The identity system you will be able to use with deco will be able to answer questions like if you are allowed to enter a party or not.

But it cannot answer questions like which one of your friends has the most money. The only way it can do that is ithrough multiple guesses which has a lot of complexity.
>Do you have more than 50k?
If everyone says yes you ask them again
> do you have more than 100k?
For every such query you need to ask n parties + their round trip time.
You are also revealing a lot of information about them.

Compare that with doing the computation directly, no round trip time, while not revealing any information about the parties whatsoever.

It is safer, better and 100 times more efficient.

I think the ruling was just that Enigma was too centralized so it qualified as a security or something? That is why they had to move forward in a more decentralized manner.

>too centralized so it qualified as a security
>had to move forward in a more decentralized manner.
How does that (legally) work?

Ain’t that where Town Crier and Mixicles come into play?

Utility tokens are supposed to have some utility in a decentralized network, otherwise it’s a security. The problem is they didn’t build their network fast enough and wasn’t decentralized when they launched the token. They also made promises about a data marketplace but that was just a proof of concept and SEC figured that it classify it as a security.

They did some pivots along the way and SEC weren’t happy about that. But they had to do those pivots, they did them for a reason.

look at the subreddit and see the posts there from before they literally locked the subreddit and made it so only cheerleaders could post. The guys that ran ENG are scum that did behind the back dealings having their buddies set up SCRT nodes for themselves and mint supply for themselves. Privacy is important but its not gonna come from these cunts

Mixicles is just mixing. Town crier uses enclaves to produce an attestation that they fetched data from a particular source. No, none of it is computational privacy. It’s good stuff but it’s made to be an oracle service and should be used for that purpose. Where did you get these ideas?

That's quite interesting. Thanks. I wasn't aware of the difference (in the US). Gonna read up on it now.

Whitepaper p.23

youtu.be/ZmVzRmBVzWk?t=1h34m5s

youtu.be/nMlpTgxKtAY?list=LLlIWFp4FV1QuYmnc8FcFDWw&t=1504

youtu.be/kW27zYIxZhY?list=LLlIWFp4FV1QuYmnc8FcFDWw&t=505

I might misunderstand though. As I said; I’m just not a fan that X chain will be the one to win and to claim so is a guess at best.

chainlink will give you some privacy using some tricks, it will also have zkp and help scale ethereum with arbitrum. Great stuff.

But chainlink is not a blockchain and does not even try to be. Maybe arbitrum will be able to run inside enclaves at some point in the future, but then again, as I said, you would have to a lot of unecessary work to make it function flawlessly with ethereum. Basically you would have to ensure that those contracts can only be run with that sidechain and then do all the key management for the enclaves and create some kind of secure consensus model that is not just the rollup part but also the privacy part. This is if that ever happens.

In the meantime secret network is finished and runs on a blockchain much faster than ethereum and can also be integrated with ethereum through different interoperability networks, such as chainlink for instance, or cosmos or whatever.

Then take into consideration that chainlink has 100x the valuation of secret network at this very moment.

Sure. Secret also has 1/100th of the reputation and track record

It’s going to catch on rather quickly. It’s a giant leap for blockchain technology and as I said, blockchain should be designed like secret network, otherwise they aren’t very functional and don’t provide people with much utility. By the time Ethereum catches up it will be too late.

You will see new dapps being built on it before arbitrum is released, way before ethereum 2.0 is released and way way before this supposed private version of arbitrum is complete.

So just sit back and watch the fireworks for the next few years if you want, it’s like buying chainlink at 20 cents, which weren’t so bad back in 2018.

I get that it can yield high returns quickly.

Why will their solution win over Substrate/Polkadot (whom I think are already over valued at the moment)?