Name: Secret
Brand: Binance
Price: 0.15 NZD
Availability: InStock

Price of Secret Today

The live price of Secret is $0.149622 per (SCRT / USD) with a current market cap of $49.44M USD. 24-hour trading volume is $9.32M USD. SCRT to USD price is updated in real-time. Secret is -8.58% in the last 24 hours with a circulating supply of 330.44M.

SCRT Price History USD

Date Comparison	Amount Change	% Change
Today	$-0.014048	-8.58%
30 Days	$0.046923	+45.69%
60 Days	$0.001572	+1.06%
90 Days	$-0.015352	-9.31%

Secret Chart Performance

24h Low & High

Low: $0.148833

High: $0.172557

The highest and lowest price paid for this asset in 24 hours.

All Time High

$10.64

The highest price paid for this asset since it was launched or listed.

Price Change (1h)

-1.29%

The percentage change in price for this asset compared to 1 hour ago.

Price Change (24h)

-8.58%

The percentage change in price for this asset compared to 24 hours ago.

Price Change (7d)

+1.27%

The percentage change in price for this asset compared to 7 days ago.

24h Low & High

Low: $0.148833

High: $0.172557

All Time High

$10.64

Price Change (1h)

-1.29%

Price Change (24h)

-8.58%

Price Change (7d)

+1.27%

About Secret (SCRT)

The secret is an independent foundational layer blockchain based on the Cosmos SDK and uses Tendermint consensus. Therefore, the blockchain network allows developers to build and deploy decentralized applications from the network layer.

Secret is developed with the idea of privacy for a DApps development and transaction environment. The network enables the creation of private smart contracts that are not only hidden from unauthorized individuals but also concealed from the nodes involved in storing and transmitting data. User data and all smart contract information is encrypted from end to end.

Sensitive information stored within DApps in the Secret network is completely encrypted and kept secret from any access outside the direct participants. The Secret platform is a development of the Secret Foundation, a tech company founded by Chicago-based tech entrepreneur Tor Bair in 2017. The company is built on the premise that the blockchain will disrupt all modern business and banking, and therefore wants to ensure that security can be achieved by what the founder calls “programmable privacy.” Tor Bair and Secret believe this is accomplished by using the private smart contract development process utilized by the ecosystem and all subsequent privacy measures in the network infrastructure.

Nodes in the Secret network are run in Trusted Execution Environments (TEE)- a measure that keeps data safe even from the unencrypted access and view of the nodes themselves, as referenced above.

The Secret cryptocurrency coin is used in on-chain governance and staked for node participation in the Delegated Proof-of-Stake (DPoS) consensus model. The Secret coin is also used to pay fees in the Secret dApps. The secret coin is known by its token ticker $SCRT. The current price of the Secret coin is updated and available in real-time on Binance.

People Also Ask: Other Questions About Secret

What Does Secret Stand For?

The term Secret denotes the privacy that the Secret network aims to provide within decentralized applications and their active user environments held within.

What is SCRT Used For?

SCRT is the cryptocurrency used to secure the Secret blockchain network through its secret node model. Secret nodes can be established by staking SCRT, for which operators are rewarded in SCRT tokens for their part in helping with network security. SCRT is also used as a peer-2-peer cryptocurrency, digital payment method, and a traded token on the open digital assets market.

There are dapps with gameFi, NFT propositions, cryptocurrency auctions, and other different decentralized applications already live on the Secret network. All of these games and other applications use SCRT to power their operations.

How Does Network Consensus and Validation Work on the Secret Network?

The Secret blockchain network uses a delegated Proof-of-Stake (PoS) network consensus model to produce new blocks and validate transactions in the network. There are 70 appointed validators in the network scheme. The validators receive rewards in SCRT from transaction fees and a portion of newly minted SCRT. Delegators are also able to delegate or bond their SCRT tokens to validators to receive a portion of the rewards.

Who is the Founder of the Secret Network?

MIT alumni, US-based entrepreneur, and FinTech company advisor Tor Bair founded the Secret Foundation in 2017. The Secret blockchain network and protocol was then developed under its management and the Secret mainnet went live in February 2020.

What is the Maximum Token Supply of SCRT?

The maximum supply of SCRT is 285,507,459 SCRT and the total circulating supply at the time of writing is 268,632,080 SCRT.

What Makes Secret Different From Others?

Holders of the Secret coin have to give outsiders “viewing keys” in order to access records of token transfers. These viewing keys keep independent user data encrypted and free from outside access, even by nodes, unless given permission by the users themselves. This level of encryption and privacy is unique in the blockchain environment, typically highlighted for its public accessibility.

How to Buy Secret (SCRT)?

Secret coin (SCRT) can be purchased directly from the Binance Exchange by using a debit or credit card. Secret (SCRT) can also be traded for other cryptocurrencies on Binance. Live Secret coin price is updated in real-time on Binance. Additionally SCRT price and purchase information is available for users to read in our How to Buy Secret (SCRT) Guide.

How Much Will Secret (SCRT) Be Worth in the Future?

Check out our Secret Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

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