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Home»Blockchain»Secret Network extends confidential computing to Solana and unlocks new capabilities
Blockchain

Secret Network extends confidential computing to Solana and unlocks new capabilities

2024-10-15No Comments2 Mins Read
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  • Secret Network’s DeCC integration with Solana increases security for DAOs, DeFi, NFTs and more, powering confidential blockchain applications.
  • Solana developers can now use Secret’s TEEs for private data processing, unlocking seamless and secure decentralized apps.
  • SecretPath expands to Solana, enabling cross-chain confidential computing and driving Web3 innovation with privacy-first solutions.

Secret Network has announced the integration of its Confidential Computing Layer with Solana, bringing decentralized confidential computing (DeCC) to the blockchain ecosystem. This partnership provides Solana with powerful tools that enable private voting for DAOs, encrypted storage, and confidential data for NFTs. Moreover, it introduces secure random number generation and encrypted order books for DeFi applications.

We’re excited to announce the integration of Secret’s Confidential Computing Layer with @solana, a blockchain built for mass adoption.

Learn more 👇https://t.co/MKvVoPuf02

🧵 (1/7)

— Secret Network (@SecretNetwork) October 14, 2024

Confidential Computing and the Solana Ecosystem

This integration not only increases security, but also significantly improves Solana’s current features. Developers using Solana can now access Trusted Execution Environments (TEEs) through the Confidential Computing Layer. TEEs provide a secure environment for working with encrypted data.

Processing confidential data guarantees its integrity and privacy by not making it public. Additionally, this layer enables seamless communication across the chain, expanding Solana’s reach to decentralized applications.

SecretPath Protocol and DeCC Benefits

Secret Network’s custom cross-chain protocol, SecretPath, played a crucial role in making this integration possible. Originally limited to EVM and IBC blockchains, SecretPath has been expanded to support Solana, unlocking new possibilities for applications in the Web3 ecosystem. Developers can now focus on building easy-to-use applications that can serve millions of people without being limited by privacy concerns.

See also  Solana (SOL) is falling in the red - healthy correction or trend removal?

The future of Web3 with DeCC

This integration positions Solana as a key player in Web3. The low costs, fast confirmation times and decentralized structure already provide developers with a strong foundation. With the added layer of confidential computing, Solana applications can serve a wider range of use cases, from secure gaming to sealed bid auctions. Consequently, this move accelerates Web3’s evolution by offering decentralized, privacy-preserving solutions at scale.

As Secret Network continues to develop its DeCC technology, collaborations like this are poised to drive innovation in the blockchain. With DeCC, the future of Web3 looks more secure, scalable, and confidential than ever before.

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Capabilities computing confidential Extends Network Secret Solana unlocks
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