History
The Secret Network protocol and community have grown at a breathtaking rate since the launch of Secret Network on February 13th, 2020. Secret Network launched as a proof-of-stake protocol based on Cosmos SDK/Tendermint featuring the native token SCRT. The launch of Secret Network was assisted by 20+ validators looking to support the network. This represented the move towards decentralized governance, sustainability, and a critical step towards making a layer one solution that would enable both scalability and programmable privacy for Web 3.0. The next critical step in the ecosystem occurred in early June with the creation of the Secret Foundation – an organization committed to sustainably promoting the growth of the Secret Network ecosystem.
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