When your assets are on Secret Network—as SCRT, Secret Tokens, or Secret NFTs—you get to decide who can see the assets in your wallet. Secret’s privacy-preserving technology keeps your assets hidden on the blockchain and protects you from phishing attacks.
Take the OpenSea phishing attack in February 2022, where hackers targeted Ethereum users. Since Ethereum is a public blockchain, scammers could see what wallets held expensive NFTs. They tracked interactions made with these wallets (recorded on-chain), uncovered the owner’s identities, and performed targeted phishing attacks.