Secret Games Update: Incentivized Testnet Phase 1
Come meet the invited participants for Phase 1 of the Secret Network incentivized testnet, starting July 20th. Next up: Phase 2, open to all!
Hello to the community!
As previously announced, we are excited to be kicking off the Secret Games! During this period, node operators, developers, and community members can receive rewards (up to 1% of the total supply) for helping to secure, sustain, and grow Secret Network and the Secret ecosystem. The Secret Games will take place as we finalize testing “secret contracts” (privacy-preserving smart contracts on Secret Network) and propose this new functionality on mainnet.
One of the most critical pieces of the Secret Games is the incentivized testnet. During this phase, node operators will work together to stress-test secret contract functionality on Secret Network. Operators will set up their own “secret nodes” and receive rewards for successfully completing node-related missions. They will be supported and joined by existing validators on the Secret Network mainnet, including the Enigma team, Chain of Secrets, Secretnodes.org, and others. The Secret Foundation will also provide active guidance and communication.
Today we’re thrilled to confirm that internal testing has concluded, and we’re ready to share next steps around Phase 1 of the incentivized testnet, which will begin on July 20th! As mentioned previously, Phase 1 is limited and invitation-only in order to ensure our community can provide hands-on, timely support. Over 250 individual validators have so far expressed interest in participating in the incentivized Secret Network testnet, meaning only around 5% of applicants have received an invite for Phase 1.
The invited validators have already been selected and confirmed, with decisions made based on their strong technical abilities, demonstrated commitment to Secret Network, and a proven track record of supporting Proof of Stake networks. Participants who successfully complete network-related tasks during this two week period will be eligible for up to 125,000 SCRT in rewards.
If you are interested in becoming a secret node operator and were not selected for Phase 1, good news: Phase 2 is open to all participants and is expected to begin in early to mid August! Please reference our initial announcement post to learn about the substantial additional rewards that will be available during this phase, including rewards for successful network attacks, documentation, bug hunting, and more. If you haven’t already applied, fill out the Secret Network incentivized testnet interest form.
Below we will provide brief descriptions of all invited participants who have confirmed their interest in Phase 1 participation, as well as descriptions of the organizations serving as testnet stewards and providing support.
Invited Phase 1 Participants
Binance is the global blockchain company behind the world’s largest digital asset exchange by trading volume and users, serving a greater mission to accelerate cryptocurrency adoption with 25+ products, projects and initiatives.
Staked provides a reliable and secure infrastructure for earning staking rewards. We run nodes on over 20 proof-of-stake blockchains, offer a 100% uptime SLA, and provide comprehensive reporting for tax and fund administration. Staked is the trusted partner for the best investors in crypto.
Based in Canada, serving token holders worldwide and venture-funded, Figment Networks is the country’s largest blockchain infrastructure and staking provider. Figment is trusted by over 300 customers and partners worldwide with more than 35 million tokens under management across 10 PoS networks.
Dokia Capital operates professional staking infrastructure as a validator in multiple networks (including Cosmos, Terra, and Kava) and actively supports development teams that work on innovating in the blockchain space.
Chorus One is providing staking services and developing cross-chain communication technologies for Proof-of-Stake blockchain networks, including Cosmos, Polkadot, and many more.
Iqlusion provides infrastructure for next-generation cryptocurrency technologies which are designed and built to scale to real-world demands.
Outlier Ventures is a Custom Accelerator for Web 3.0. Since 2014, they have advised, invested in and incubated 25+ projects in the New Data Economy. They have condensed these 6 years of learning into an accelerator program to support pre-seed stage startups across all three key layers of Web 3 innovation: Infrastructure, Middleware, and Applications.
Fenbushi Capital is one of the first, most active, and most influential blockchain VCs, founded in 2015 with a mission to drive long-term, sustainable, and healthy growth in the global Web 3.0 ecosystem, rooted in Asia with a global footprint.
Math Wallet is a multi-platform (mobile/desktop/hardware) universal crypto wallet that enables storage of all BTC, ETH, Polkadot, Filecoin, EOS, and Secret coins, supports cross-chain token exchange, multi-chain dApp store, and operates nodes for POS chains.
Chainflow is a dedicated, capable and independent validator operator. Our hope is that decentralization results in a fairer distribution of power, wealth, and opportunity. Chainflow validators are fair and equitable validators for everyone. Everyone is welcome and treated equally, no matter how small or large their delegation is.
HashQuark is one of Asia’s largest staking service providers, running nearly 40 nodes including Cosmos, Tezos, Dash, IRIS, and more. HashQuark is a product under HashKey Group, a strategic partner of Wanxiang Blockchain Labs & Wanxiang Holdings — a top 500 company in China.
B-Harvest provides validation service for Tendermint / Cosmos SDK networks and as well as blockchain and infrastructure development.
Protofire is a team of engineers which helps decentralized protocols and developer platforms to accelerate growth of their ecosystems. By delivering hands-on coding and contributions, Protofire specializes in supercharging developer adoption and network usage.
LunaNova are an independent and experienced UK based operation providing premium block-chain node services. Primarily utilizing their own enterprise-grade hardware in top-tier, high-availability datacentres, they provide a service that is engineered to be robust, vigilant and performant.
Mitera has been operating validators since 2018 and currently validates on Tezos, Cosmos, Terra and Harmony.
The Secret Foundation is a 501(c) non-profit organization dedicated to building sustainable ecosystems for privacy-first, open-source technologies, with a focus on community, governance, education, and global adoption.
Founded at MIT in 2015, Enigma builds and supports groundbreaking privacy-focused technologies and networks. Enigma's mission is to improve the adoption and usability of privacy-first products, for the benefit of all.
Secretnodes.org is a community-run organization dedicated to the empowerment of stakeholders. We actively work on the Puzzle block explorer and node running for Secret Network.
Chain of Secrets is a Secret Network validator offering delegation services to individuals and business investors looking to maximize their ROI. CoS actively participates in the development and governance of the Secret Network ecosystem.
While we are excited to kick off the first public phase of the incentivized testnet, this is only the beginning! Testnet Phase 2 is open to all participants and is expected to begin in early to mid August. Stay tuned for more details and fill out our interest form (if you have not already) to ensure you receive updates.
For more information about Secret Network and setting up your own secret node, you can reference our wiki, our documentation, and the SGX setup guide, with more improvements and updates coming soon! Remember that you can already set up your own mainnet node today.
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MORE ABOUT SECRET NETWORK
Secret Network is a privacy-first, blockchain-based protocol that allows decentralized applications to utilize encrypted data without revealing it. Using groundbreaking privacy technologies, Secret Network will allow developers to build new types of powerful, permissionless, privacy-preserving applications - Secret Apps.
Secret Network is a proof-of-stake network with a native coin, Secret (SCRT), that is used for staking, governance, and network fees. It is based on Cosmos SDK / Tendermint. The first version of Secret Network was launched in February 2020. Read our blog post "Introducing Secret Network" for more information!