Redpill me on which platform is the future of private smart contracts

Redpill me on which platform is the future of private smart contracts.

scrt or rose?

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bump pls

LINKS Jewsicles.

SCRT is another new scam from the Enigma team. You wanna see your money evaporate, buy SCRT.

Ah yes, the classic "get the sec to regulate your crypto as a security scam"

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what was their last scam?

The SEC issued a memo considering eng (enigma token) as a security. Because the ICO didn't go through security regs, they were forced to allow refunds to ico buyers.

Classic scam. Easiest way to make money is to get the sec to force you to give people money

scrt will have ETH bridge live on december 14. You can deposit ETH and mint secret ETH on Secret Network. So then you'll basically have ETH that is private like monero. They will support multiple erc-20 tokens aswell. They will also make front-running resistant private AMM. This solves the problem that has been preventing big money investors to really use DeFi because everyone can see their transactions/balances or front run them. Do what you want with this information.

it is not a scam
but it is something people say
to keep gullible people away
this thing is about to moon like nothing you have ever seen


It is the next evolution of blockchain

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>to keep gullible people away
>this thing is about to moon like nothing you have ever seen
>It is the next evolution of blockchain
you're delusional lmao, just listen to yourself

No, it is actually said to keep people away from losing their hard earned money you fuckwit. If you wanna lose it all go ahead, but stop giving lame advice. Dick.

it is pretty common on Zig Forums for people to fud perfectly legitimate small cap projects just because they are not done accumulating

then why are you shilling it here? shouldn't you be accumulating too? exactly, you're just looking for a quick pump and dump

name one argument as to why it is a scam
the network is fucking up and running
it cannot be a scam
you can test it yourself
It is the world's first smart contract platform with full privacy
compare that with ethereum, ethereum does not even have privacy

ok but how is it a scam? Devs didn't go through sec hoops with ENG, get called out enigma inc is forced to refund ico buyers. Then create new project that better satisfies SEC complaints and is 1:1 convertible with eng. I don't see how that would be a good scam

I'm done accumulating since a few weeks back yes

ROSE is $0.25 EOY easily

why is it a better platform

It's a scam because they promise privacy when there actually is none if you look at the sourcecode. Tor Bair has a lot of empty promises. They ramble buzzwords but it isn't backed up by the actual fucking network dimwit. Just look at their codebase, even a fucking 12 year old can figure out that its as traceble as Eth behind the obfuscation layer.

Fuck that I still have to tell people to DYOR.

they got the right backers. Binance, Pantera Capital etc.

their big point seems to be that services like uniswap could stop front-runners by moving to secret network
but what stops the people front-running on uniswap from just running their own nodes on this tiny network and front-running that way?

So you're saying that the contracts can be easily read? Pls explain problem in big picture terms

>coindesk.com/bsn-polkadot-oasis-bityuan

you're welcome. ctrl + f "pantera" to find it fast

>X invested in it! Can't fail
Oh no! I'm late to clock into my job at GE

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I think you misunderstand how it works.
The obfuscation layer is part of the consensus protocol.
The data is always encrypted.
It is not like Ethereum, ethereum has no privacy built into the first layer.
> Tor Bair has a lot of empty promises.
Try the network out. You can build anything today. Nobody has been able to break the privacy in the 2 months that it has been live.
Nobody was able to break it during the test net and there were big bounty rewards for breaking it.

I'm saying that they speak of privacy and private smart contracts when it's actually pretty fucking public on their network.

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because nobody can see an order before it is committed
it is committed within a black box nobody can read which is called Intel SGX (that chainlink uses and Ari Juels likes to talk about).
And this is built into the consensus protocol.
So no, not even the people running the nodes are able to front run. Because the order cannot be read by anyone before it has been matched.

the nodes can't see the data either
based user, I felt like I was the only one in on this

The data is encrypted, not public.

can you link to me an example of how I could read someone's data? I don't have the knowledge in this shit to be able figure it out myself.

>Nobody has been able to break the privacy in the 2 months that it has been live
because it's literally useless right now, wait till there's an incentive to break it. They have no security experts on the team, it's bound to fail in a big way if someone like uniswap adopts it, and WHEN someone breaks it, everyone will want off the ship

also there seems to be some global storage to store a contract's state, so all it would take is 1 node to get a job scheduled to it (not hard if there are a lot of transactions) and it would know about everything going on in the state, i.e. they can just read the whole order book

weird take, just a matter of probabilities you shizo

>the nodes can't see the data either
OF COURSE THEY FUCKING CAN,, HOW ELSE WOULD THEY RUN THE CODE THAT DEPENDS ON THE DATA???????
>it is committed within a black box nobody can read which is called Intel SGX
>what are VMs
you're retarded if you think they won't be able to read it

So are you saying that a private smart contract is inherently impossible right now?