Blockchain technology provides a beneficial layer of openness and transparency that current centralized networks cannot, but some private data isn’t meant to be shared publicly. 

How many people want to use a network that shares their financial details and identifying information to everyone, for example?

That’s the issue that Secret Network aims to solve. By enabling programmable smart contracts that run on blockchain and compute within trusted execution environments, shielding the data from the nodes themselves, Secret Network promises the transparent benefits of blockchain with the kind of security and privacy that users demand from web services.

Here’s a look at how Secret Network works and what the community behind it hopes to achieve with the project.

Secret Network is a blockchain built specifically for data privacy. By supporting encrypted inputs, outputs, and smart contract states, Secret Network enables programmable smart contracts that keep user data safe. If coins like Monero and Zcash are the privacy-centric evolution of Bitcoin, Secret Network’s smart contracts are like an evolution of Ethereum’s own smart contracts, building upon that premise while enabling the secure transfer of private data.

Secret Network was born out of Enigma, a startup that developed the concept of a decentralized protocol for secret smart contracts. Enigma raised $45 million in a 2017 initial coin offering (ICO), but faced enforcement from the United States Securities and Exchange Commission in 2020 that forced a settlement with the SEC.

Ultimately, the community around Enigma decided to continue that vision as an independent, decentralized project, which is how the current version of Secret Network was born. A swap allowed holders of Enigma’s Ethereum-based ENG token to trade 1:1 for SCRT, the native coin of Secret Network used for governance and paying fees. Enigma remains involved as one of the key players in the community supporting development of Secret Network.

Secret Network is a layer-1 blockchain with its own consensus and on-chain governance, built atop the Cosmos /Tendermint framework. It relies on a network of distributed nodes that perform the computation of smart contracts built on Secret Network, but the nodes use a trusted execution environment (TEE)—like a black box—to do so away from prying eyes.

It’s similar to how a smartphone processor uses a TEE to handle sensitive data like fingerprints, but it’s a blockchain node instead. The network bills its smart contracts as “secret contracts,” as they’re designed to preserve the privacy of the data held within. The SCRT (“Secret”) coin must be staked by nodes to participate in the network, plus it is used to pay fees and transfer value.

There’s a lot to like about blockchains as far as being immutable and transparent, but that kind of openness limits the kind of data that can be safely handled by many blockchains—particularly top-secret data that people or companies wouldn’t want seen by just anyone. 

Secret Network aims to plug that hole by providing the layer of privacy and security while still keeping what people like about blockchain technology—the best of both worlds, in theory. While it’s not the only company attempting to fill that void, it’s a concept that could be key to driving the future of certain decentralized apps (dapps), particularly in the realm of decentralized finance (DeFi).

Secret Network is designed to empower decentralized applications that demand a level of privacy not found on many other blockchain networks. By using a trusted execution environment and keeping private data away from both the public and node operators, it can handle sensitive information that users and organizations might not otherwise be willing to share.

The network’s operators have proposed a wide number of potential use cases, including credit scoring and lending dapps that ensure privacy, machine learning capabilities that still retain privacy in the process, and improving the ability to safely share and monetize data. More widely, Secret Network could potentially be useful to any dapp that handles sensitive data.

In this blog: how you can receive $SEFI, recent @secret_swap growth and improvements, upcoming bridges (including #BSC and beyond), and more!$SCRThttps://t.co/GCxGf8T30B

— 𝕊ecret Network (@SecretNetwork) March 17, 2021

With the ENG-to-SCRT token swap concluding in January 2021, effectively closing the book on the old Enigma project, Secret Network is trying to build towards a future that embraces interoperability with other blockchains. A lack of cross-chain compatibility could limit Secret Network’s appeal and ultimately keep it from being as widespread or useful as the community developers intend it to be.

Secret Network is also making a big decentralized finance push with its Secret DeFi initiative, and launched a SecretSwap decentralized exchange in February 2021. According to the Secret Network FAQ , “part of our vision has always been bringing privacy to every blockchain,” and it calls out Cosmos inter-blockchain communication and interoperability as another potential initiative on the roadmap.

Beyond that, Secret Network appears focused on attracting more developers to build their dapps on the blockchain, thus demonstrating more use cases in the process. It’s not the only blockchain with privacy-focused smart contracts ( Oasis Network is another example) and there are other potential solutions to the dilemma of handling sensitive data on blockchain—such as secure multi-party computation. Whether Secret Network’s solution ultimately stands above others currently on the market or even on the horizon remains to be seen.

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Bitcoin is not a security—but that doesn’t mean that it won’t be regulated, former US Securities and Exchange Commission (SEC) chairman Jay Clayton said today. 

Clayton, who now advises One River Asset Management on cryptocurrency, told CNBC that Bitcoin was not a security long before he joined the SEC. But regulation of the asset will still inevitably come, he added.

— Squawk Box (@SquawkCNBC) April 1, 2021

“[Bitcoin not being a security] does not mean that it should not be regulated,” he said. 

“In fact, where digital assets land at the end of the day, which is very much a wide-ranging question, will be driven in part by regulation—both domestic and international—and I expect, and I’m speaking as a citizen now, that regulation will come in this area both directly and indirectly whether it’s through how these are held by banks, security accounts, taxation and the like.” 

Clayton’s comments come as Ripple , the company behind XRP , previously the third-most capitalized cryptocurrency in the market, asks the SEC to reexamine Bitcoin and Ethereum. Specifically, Ripple wants a court to compel the SEC to share its internal discussions about Bitcoin and Ethereum in the hopes that it will improve its own case for XRP.

Ripple is facing a billion-dollar lawsuit from the SEC, which filed its complaint just before Clayton stepped down as chairman. The Commission alleges that the company illegally raised $1.3 billion through the unregistered sale of XRP, which the SEC says was a type of security known as an investment contract.

But Ripple says XRP is not a security—but rather a cryptocurrency. The company is in the process of fighting the SEC’s lawsuit on those grounds. 

As part of its defense, Ripple asserts that the SEC should class XRP as a virtual currency, just like it classes Bitcoin and Ethereum virtual currencies and not securities.

The lawsuit has so far proven to be detrimental for the firm, and for XRP: top crypto exchanges like Coinbase, Binance, and Kraken have halted all XRP trading. The price of the currency also dipped, and it fell down the list of the top cryptocurrencies by market cap—dropping from third to seventh in a matter of months.

We are discovering a new reality. Things that were once unimaginable are becoming real and part of our world. Achieving quantum supremacy is one of the monumental breakthroughs that will revolutionize history. But, what effect will it have on Ethereum? Cryptographer and blockchain researcher Amira Bouguera explains in the following article.

“Science offers the boldest metaphysics of our age. It is a thoroughly human construct, driven by the faith that if we dream, press to discover, explain, and dream again, the world will somehow come clearer and we will grasp the true strangeness of the universe.”

TL;DR:

Our journey to quantum computing begins in 1981 when the brilliant Nobel prize winner Feynman raised the following question at an MIT conference on physics and computation:

At that time, no one thought it could be possible. This comes back to the definition of physics and the limits of classical computers. Physics is the study of energy, matter, and the interaction between them. Our world, and reality in itself is quantum in nature; electrons exist in multiple states at once, and we can’t model that properly with classical computers. Calculating every possibility is just too much for them, for example:

Feynman’s speech and accompanying paper in 1982 is the first work that explicitly discusses the construction of a machine that would operate on quantum mechanical principles. He discussed the idea of a universal quantum simulator, i.e., a machine that would use quantum effects to explore other quantum effects and run simulations.

Tech giants are racing to build the first quantum computer, a device with millions of times more processing strength than all the computers currently on Earth combined. Recently, in an article published in the scientific journal, Nature, Google announced that it has realised what was once thought to be impossible: achieving quantum supremacy. 

To explain quantum supremacy, it’s worth describing how quantum computers work. 

In a quantum computer, we have quantum bits (qubits), which can be in state 0 or 1 or both at once while classical computers are being represented by bits, which can be either in the state 0 or 1.

Qubits can be anything that exhibits quantum behavior: an electron, an atom, or a molecule. 

Two key aspects of quantum mechanics are superposition and entanglement. These two concepts are the secret behind the quantum computer’s superpower.

Superposition is an extraordinary phenomenon in quantum physics that quantum computers leverage. It allows a particle to exist in two separate states at once, as the result of being linked to a random subatomic event that may or may not occur. 

A cat, with a Geiger counter, and a bit of poison in a sealed box. Quantum mechanics says that after a while, the cat is both alive and dead . `                        

Can a cat be dead and alive at the same time? 

We don’t know whether the cat is dead or alive until we look, and when we do, it is either dead or alive, but if we repeat the same experiment with enough cats, we see that half the time, the cat survives and half the time he dies.

In quantum physics, the entanglement of particles describes a relationship between their fundamental properties that can’t have happened by chance. This could refer to states such as their momentum, position, or polarisation.

Knowing something about one of these characteristics for one particle tells you something about the same characteristic for the other. This means that the person who opened the box in the previous experience is entangled or linked with the cat and that the “observation of the cat’s state” and the “cat’s state” correspond with each other.

Today, the use of the term “quantum computers” is no longer limited to scientific journals and physics conferences. Many players are engaged in a battle over who can build the first powerful quantum computer. These include commercial entities such as Google, Rigetti, IBM, Intel, D-Wave, IonQ, and Microsoft. Additionally, virtually all major nation-states are currently spending billions of dollars on quantum computing development and research.

Quantum supremacy is the notion of a quantum computer doing something that classical computers simply can not reasonably do. In this instance, the reported Google paper claimed it was able to perform a task (a particular random number generation) on its QC in 200 seconds (3 minutes 20 seconds) versus what would take 10,000 years on a supercomputer. 

Google has used Sycamore, its newly developed 53-qubit quantum processor, to achieve quantum supremacy. The purpose of this gate-based superconducting system is to provide a testbed for research into system error rates and scalability of their qubit technology, as well as applications in quantum simulation, optimization, and machine learning.

Although Google’s achievement was a huge step forward into the advancement of quantum computers, significant milestones remain ahead before a commercially viable quantum computer that can be used to solve real-world problems can exist.

Quantum computing is an unleashed power with two sides. On the one hand, it represents a significant breakthrough in fields like science, life-saving medical advances, and financial strategies. On the other hand, it has the power to break our current encryption systems used to protect information.

The security of most cryptographic methods currently in use, whether for encryption or digital signature, is based upon the hardness of solving some mathematical problems.

While computing discrete logarithms and factoring integers are distinct problems, they both are solvable using quantum computers.

Ethereum currently uses elliptic curve based schemes like the ECDSA scheme for signing transactions and BLS for signature aggregation; however, as mentioned above, the elliptic curve cryptography in which security is based upon the difficulty of solving the discrete logarithm is vulnerable to quantum computing and must be replaced with a quantum-resistant scheme.

The hash function SHA-256 is quantum-safe, which means that there is no efficient known algorithm, classical or quantum, which can invert it.

While there is a known quantum algorithm, Grover’s algorithm, which performs “quantum search” over a black-box function, SHA-256 has proven to be secure against both collision and preimage attacks. In fact, Grover’s algorithm can only reduce 𝑁 queries of the black-box function, SHA in this case, to √N, so instead of searching 2^256 possibilities, we only have to search 2^128, which is even slower than algorithms like van Oorschot–Wiener algorithm for generic collision search and Oechslin’s rainbow tables for generic pre-image search on classical computers. 

In the Ethereum 2.0 Serenity upgrade, accounts will be able to specify their own scheme for validating transactions, including the option to switch to a quantum-safe signature scheme.

Hash-based signature schemes like the Lamport signature are believed to be quantum-resistant , faster, and less complex than ECDSA. Unfortunately, this scheme suffers from size issues. The size of Lamport public key and signature together is 231 times (106 bytes vs. 24KB) more than the ECDSA public key and signature. So, the use of the Lamport Signature scheme will need 231x more storage than ECDSA, which is unfortunately too large to be practical at this time.

Ethereum developers are testing other quantum-resistant signature options like XMSS (eXtended Merkle signature scheme) signatures used by The Quantum Resistant Ledger blockchain , hash ladder signatures , and SPHINCS .

There are many reasons to switch to hash-based signature schemes like XMSS, as they are fast and yield small signatures. One major drawback is that XMSS signature schemes are stateful, due to their Merkle trees with many one-time signatures. This means the state has to be stored in order to remember which one-time key pairs were already used to create a signature. On the other hand, SPHINCS signatures are stateless as they use few time signatures with Merkle trees, which means no need to store the state anymore since one signature could be used multiple times. 

Hash-based RANDAO functions, which are used for random number generation in the beacon chain in Ethereum 2.0, are already believed to be post-quantum.

During Ethereal, Justin Drake from the Ethereum Foundation revealed the 2027 Ethereum 3.0 plan to move from the zk-SNARKs to zk-STARKs protocol. Both techniques allow the prover to convince a verifier about a particular claim by sharing only a proof that backs up the prover’s claim, without sharing any private information. These techniques are normally used as a privacy and scalability method to send confidential transactions on Ethereum or as a replacement of BLS signatures for signature aggregation. However, zk-SNARKS relies on pairings that are not quantum-resistant. zk-SNARKS uses a trusted setup, which runs the risk of being compromised, compromising the entire system, and allowing the generation of false proofs. ZK-STARKs, on the other hand, are quantum-secure as they are based on hash and not pairings. They improve upon this technology by removing the need for a trusted setup.

Google has accomplished a great achievement. This technology will harness the unusual laws of quantum mechanics to bring unimaginable advances in fields like materials science and medicine. Simultaneously, it could also pose the greatest threat to cybersecurity yet. Fortunately, the threat is not yet here. No one knows when the quantum power will strike, but when it does, Ethereum will be prepared.

Developers from the Ethereum community have begun working on alternative cryptographic signature schemes to replace those vulnerable and build a secure, resilient post-quantum Ethereum protocol. Additionally, the National Institute of Standards and Technology (NIST) initiated a process to solicit, evaluate, and standardize one or more quantum-resistant public-key cryptographic algorithms. At the time of this posting, NIST has short-listed 26 algorithms for post-quantum cryptography standardization to advance to the next round of testing.

Amira Bouguera is a cryptographer and security engineer at ConsenSys Paris. She teaches cryptography Université Paris 8.

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Betflip Dota 2 – 383.2bch   

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They’re a very good indicator of what’s actually happening in the marketplace because it is driven by crown consensus rather than firm odds. As placing a bet is so quickly in the exchange you can bet during a race or in the last few minutes of a football match, nba bitcoin over under model.Nba bitcoin finals winning odds, nba bitcoin betting expert picks    There are plenty of good bookmakers in India, but my personal preference would have to be Bet365. They have the best selection of sports such as cricket and football and allow you to bet live. On the other hand, I have a friend who really likes playing on LeoVegas because they offer tons of casino games and make it really simple for Indian players to deposit money! So in the end, the choice really depends on your personal needs and preferences, nba bitcoin finals winning odds. Compare live nba odds, lines and spreads. Up to date betting odds of the top sportsbooks including money lines, point spreads, totals and futures on sbr. The miami heat opened the 2020-21 regular season with the sixth shortest odds to win the nba championship, paying $1500 on a $100 bet. They will be tested right from the start. Oddsmakers are apparently aware of that fact as well as his odds to win nba finals mvp have moved from -500 (83. 3% implied odds) to -834 (89. Odds as of january 26 at bovada. Why are the lakers favored to win 2021 nba championship? having arguably the best 1-2 punch in the nba in lebron james and anthony davis automatically makes the los angeles lakers a top-three team in the league to win the championship but when you consider their new supporting cast, it’s hard to envision them not lifting the larry o’brien trophy again in 2021. We offer the latest philadelphia 76ers game odds, 76ers live odds, this weeks philadelphia 76ers team totals, spreads and lines. The latest philadelphia team stats, nba futures & specials, including vegas odds the 76ers winning the nba championship, philadelphia nba news & other info on the philadelphia 76ers. Looking ahead to whenever next year’s finals will take place, golden state has some of the best odds at taking home the larry o’brien trophy. Following the los angeles lakers’ clinching of this year’s nba title , the warriors have the fourth-best odds at winning the 2021 nba finals, with +750 odds (a $100 bet wins you $750). Eastern conference finals game 5 odds. Odds predict that the celtics would extend the series in game 5. All three sportsbooks agree with this prediction. Io, for example, gave the celtics 1. 62 odds to win against the heat. 31 odds to win are on the side of the heat, and this is not good for the team. The next-best nba championship odds belong to houston rockets, philadelphia 76ers, boston celtics, denver nuggets, and utah jazz. They are all between +1400 (7% chance) and +2200 (4% chance). If these five bitcoin sportsbooks will be followed, they all predict the lakers win the trophy, with a commanding gap between the heat’s odds to win nba finals. Sportsbet nba betting at sportsbet. Io , bettors will find 1. 26 odds for the lakers to win the finals this season, with the heat only having 4. All-star forward giannis antetokounmpo is second in the league in both points (29. 6 ppg) and rebounds (13. Milwaukee goes to orlando as the odds-on favorite to win the nba championship. 53-12 record (1 st in the eastern conference, best overall record in the nba) +240 odds to win the nba championship (according to draftkings sportsbook). Those rounds will take place from may 22 to july 6, with the nba finals scheduled from july 8 to 22, just one day before the 2021 summer olympics are scheduled to open in japan. Nba finals odds: futures betting 101. Nba futures bets function like futures bets in other sports. 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    I bet bitcoin you 10 to 1 you’ll be mine, i bet bitcoin my life video    Account-to-account transfers are free and require a minimum amount of $50 USD. The 5Dimes sportsbook features betting markets for all major sports leagues, i bet bitcoin you 10 to 1 you’ll be mine. Available sports include football, basketball, baseball, hockey, soccer, golf, tennis, motor racing, boxing, and MMA. Offered betting markets include moneylines, spreads, totals, team totals, player props, game props, and futures. Give me one and you'll get back three who's got the action? just lay it on the line i'll bet you 10 to 1 you'll be mine favored or a long shot, i'll play either way all i need's a winner, and this could be the day and when i won my parlay, i'll be set for life i'll take all that money, and gamble it on my wife who's got the action? The question is not whether you should be mining but whether you should sell what you mine or store it and wait for the price to skyrocket – as you may have seen bitcoin is capable of breaking $1000 per coin and considering its amount is limited the price will likely rise again in the near future. You can’t “mine a bitcoin”. What you can mine is a block, which is currently rewarded with 12,5 bitcoins (plus the fees of included transactions) there’s a (more or less) fixed number of 1,800 btc gained from mining each day, until the block reward halves in 2021. For example, in a classic yes/no bet, if you think an event is 75% likely to happen (and you have 10 to bet), place 7. 5 on yes, and 2. This way, you maximize your returns, and minimize your risk (since you'll get a proportion of your own coins back at the end regardless of which option wins). Working with your rig, you’ll also need a variety of online platforms to help mine, track, store, and trade your bitcoins. Today i show you how to mine the worlds #1 cryptocurrency – bitcoin. Mining bitcoin is actually incredibly easy. This tutorial will tell you everything there. I'll bet you 10 to 1 you'll be mine favored or a long shot, i'll play either way all i need's a winner, and this could be the day and when i won my parlay, i'll be set for life. Thursday, or the first time ever, the price of one bitcoin exceeded the price of a troy ounce of gold. Coindesk's index ended the day at $1,260. Trump is now +100 so if you bet $20,000 on trump you'll get $20,000 in winnings. Or you'll lose $20k. Which seems like the most likely outcome. 09-23-20 04:45 pm #35. For example, if you bet 5mbtc, you’ll get a guaranteed 10mbtc freebet, regardless if you win or lose. Additionally, there is an amazing ongoing promotion happening right now, which is called premier 10. Revolving exclusively around premier league, this promo enables you to win a grand prize of 50 mbtc if you manage to win 10 consecutive epl bets. Bitcoin miners get most of their revenue from block rewards. However, transaction fees are still a crucial part of the bitcoin network. When you successfully mine a block, you get all the transaction fees in that block. Even when block rewards get halved and halved again, miners will still make money from transaction fees    Bookmaker bitcoin, Ice HockeyToday sports events: Deposit methods – BTC, USDT, ETH, LTC, XRP, TRX, SOC, EUR, USD, CAD, INR, BRL, Visa, MasterCard, Skrill, Neteller, PayPal, Bank transfer. blabla

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The mobile for the age of cryptoThe new crypto-enabled Exodus 1 phone, manufactured by the Taiwanese company HTC is not far from arriving in the market. The new device is geared towards cryptocurrency use and protecting the users privacy. It will support swap 60+ ERC 20 tokens (Kyber Network, KNW; Basic Attention Token, BAT; DAI are among those). And thats just one of many exciting features.It comes with Opera 3.0 as its default browser, which, unlike Googles Chrome privileges the users privacy, and it also facilitates cryptocurrency transactions. The new phone allows users to call for ETH, BTC, and LTC requests. It also enables them to access decentralized applications in the cryptosphere on their mobile, using Opera.Theres a built-in wallet on the phone. It features Kyber Network liquidity that enables users to transact directly into the blockchain they want without recourse to a third-party exchange or platform. The Exodus 1 (successor to the Exodus, by the same company which is also geared towards crypto) will allow HTC to keep their techiest users on their toes, and help bring the cryptosphere closer to the mainstream.Phil Chen, the companys Decentralized Chief Officer, had this to say about the new phones features:The Bitcoin blockchain is about 200 [gigabytes], and its growing about 60 gigs per year. And those numbers are reasonable to hold on a smartphone. Imagine the iPod with 256 gigs of course, the music fan wants to keep the whole music library, but the crypto fan wants to keep the whole Bitcoin blockchain.HTC will be revealing further details about the new device gradually, including other features and price ranges. But it seems clear that HTC wants a broader user base, so the chances are that the new device will be significantly cheaper than the companys first crypto-enabled device. But those are rumors, not news.A mobile Bitcoin nodeAnother feature (and this one is indeed confirmed) is that the mobile will be able to run a fully functional node for the Bitcoin network out-of-the-box. That wont include mining (which hasnt been discarded for future versions), but it will be otherwise complete using a shorter version of the Bitcoin blockchain. That being said, the mobile will also support additional storage options so that users who want to run their node based on the full 200 GB blockchain can do it by just adding a microSD card.HTC is betting on cryptocurrency and blockchain technology to have the edge over the mobile worlds big players (Samsung and Apple, mainly) which is why it released its Exodus phone last year and the new device sometime during the current year.How much of a role will HTC play in moving the crypto verse into the mainstream? Its anybodys guess for now. But this is the company that produced the first Android-based smartphone, so if we go by precedents, things look perfect for HTC and for crypto.So HTC will be an integral part of two worlds: the mobile industry and the crypto verse. It will be exciting to see how the new product affects things on both. Well be watching closely and reporting back to you.[Image courtesy of Flicker]Disclaimer: All information provided through this article should not be regarded as investment advice, nor should be taken for granted for crypto trading purposes. Before making any investment or trading plans, make sure to inquire about the information diligently by carrying out your very own research. Thank you.

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