This allows users to play against each other with assurance that no one is able to front-run data or modify decision making due to data that should not be publicly visible within a game environment. Next, the SNIP-20 standard was created which enabled the creation of private, fungible tokens using Secret Contracts. Combining the programmability of ERC-20s with the privacy of Zcash or Monero, Secret Tokens unlock important use cases and create new value. This allowed tokens not native to Secret Network to be able to gain wrapped privacy properties enabled by Secret Contracts using IBC. Examples of SNIP-20 tokens were secretEthereum, secretDai, secretLink, secretMKR, etc. Secret Auctions are another Secret Contract created in 2020. When a user interacts with an exchange, individuals should be able to query multiple OTC exchanges for their price, and then execute the trade based on the best price.
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