The Enigma team is currently planning an incentivized testnet program, called the Secret Games, that will allow developers and testnet validators to receive Secret (SCRT) while helping them test secret contract functionality.
The launch of a public “secret contracts” incentivized testnet expected in second half of July.
The Secret Network community - including the Secret Foundation and Enigma team - are pleased to announce 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 guided and joined by existing validators on the Secret Network mainnet, including the Enigma team, Chain of Secrets, Secretnodes.org, and others.
Born at MIT in 2015, Enigma's mission is to create products and systems that accelerate the adoption of privacy-first and decentralized technologies. We are builders, researchers, explorers, and pioneers looking to make a real difference.
The Enigma mainnet blockchain was launched on February 13th, 2020, by over 20 validators from the Enigma ecosystem and community. This mainnet is a proof-of-stake-based blockchain based on Cosmos SDK/Tendermint and secured by a new native coin, Secret (SCRT).
This standalone Enigma blockchain now forms the consensus layer of the Enigma protocol, replacing Ethereum. There are substantial details in our launch post about key features of this network, including network economics, the introduction of delegation, and on-chain governance features that give control of the network to the community. These features help ensure the Enigma protocol remains secure and sustainable long-term.
Secret Network is a privacy-first, blockchain-based protocol that allows decentralized applications to utilize encrypted data without revealing it. Using groundbreaking privacy technologies (such as trusted execution environments), Secret Network allows 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. The first Secret Network mainnet was launched in February 2020.
As Milestone 3 is now complete, we will continue to do internal testing to ensure the stability and security of the network.
For this phase, up to 15 validators will be selected who have strong technical abilities, demonstrated commitment to Secret Network, and a proven track record of supporting Proof of Stake networks. This phase will focus on setting up Secret Network, launching Trusted Execution Environment (TEE)-based validators, and testing selected secret contracts. Participation in this phase will be limited to ensure our community can provide hands-on, timely support.
Expected Length: 2 Weeks
Expected Rewards: 125,000 SCRT
The second testnet phase is open to all validators who would like to participate. Invited validators who succeed in Phase 1 will continue to run nodes in Phase 2 and support new validators alongside the community support team.
Expected Length: 4 Weeks
Expected Rewards: 150,000 SCRT
In addition to the phase-specific rewards, there will also be additional rewards for activities related to successful attacks and work on documentation.
The following rewards will be given for successful attacks. These rewards will only be assigned after Phase 2 (open testnet), ensuring all validators have a chance to qualify for network attack rewards. All attacks must be properly documented to be eligible for rewards.
Best documentation after Phase 1 and Phase 2 of testnets - 5,000 SCRT each
In order to qualify for rewards in each phase, validators will need to achieve a minimum uptime (99%) and participate in certain basic network activities such as delegation, re-staking, deploying some provided secret contracts, etc.