ChainCatcher news, according to the ranking surge data from the Web3 asset data platform RootData, as of November 18 at 17:00, Secret Network has risen by 1,068 ranks, placing it first; Open Loot has risen by 886 ranks, ranking second; Moonbeam has risen by 875 ranks, coming in third.Additionally, the Web3 asset data platform RootData shows that Secret Network is an independent, Cosmos SDK-based underlying blockchain network. It supports smart contract development and introduces data privacy features by default for these contracts, allowing developers to protect user data and privacy while building decentralized applications. The protocol implements "programmable privacy," defined as arbitrary complexity in data privacy control within an application. Secret Network refers to these privacy-protecting applications as Secret Apps. The mainnet of Secret Network was launched on February 13, 2020, with the goal of becoming the data privacy center of Web3.It is reported that RootData has launched the first "Web3 Popular Projects Ranking." This popularity ranking helps users capture the real pulse of attention through 4.3 million real user behavior data, improving the accuracy of user investment decisions. The ranking is calculated in real-time based on weighted factors such as the frequency of searches by platform users, project click rates, user votes, and the popularity and influence on the X platform.

ChainCatcher news, according to official sources, Secret Network has announced that its confidential computing layer has been integrated with Optimism's OP Mainnet.Reportedly, the possible use cases include: private voting for DAOs, encrypted storage for applications, secure random number generation for games, confidential data related to NFTs, internal bidding auctions for NFTs and other assets, as well as encrypted order books for DeFi applications.

ChainCatcher message, Secret Network's confidential computing layer announces integration with Lisk.Through this collaboration, Secret Network will provide Lisk with confidential computing tools, documentation, and support.

ChainCatcher news, according to official sources, the Secret Network confidential computing layer has now been integrated with Linea. Some examples of supported implementations include private voting for Linea DAO, encrypted storage for Linea applications, secure random number generation for Linea games, confidential data access control via Linea NFTs, sealed-bid auctions for Linea NFTs and other assets, and the Secret Network will also provide decentralized confidential computing (DeCC) tools, documentation, and support for Linea.

ChainCatcher news, the privacy public chain Secret Network community is conducting an on-chain vote on a proposal to reduce inflation. The proposal suggests lowering the inflation rate of SCRT tokens from 15% to 9% to protect the value of SCRT, balance rewards with long-term sustainability, and make the network more secure and decentralized. This vote will end on December 7, and the current support rate is 84.3%.

ChainChain news, the privacy public chain Secret Network community has decided to restructure the Secret Foundation and establish a new transparent non-profit organization (NPO). The Secret Network community has expressed concerns about the current structure and operations of the Secret Foundation. To address these issues and improve transparency, a restructuring proposal has been initiated.The assets of the old Secret Foundation will be transferred to the new NPO, ensuring that the compensation and benefits of capable team members are not affected by this transfer. The NPO will provide annual accounts of its activities, including KPIs, budgets, and goals. The annual budget of the foundation will be authorized by designated board members, and financial statements will be audited by a certified third party. (Source link)

According to Chain Catcher news, the privacy public chain Secret Network had suspended operations for several hours early this morning, but the network is now back online and block production has resumed. Some dApps and exchange services will return to normal after updates across nodes. No hard fork was needed, so there was no data loss and funds are safe.The official statement said: "The network suspension was not due to an attack, but rather an anomaly caused by validators running two different versions of the Secret Network binary. A retrospective report with more details will be released in the coming days. It is important to note that the Chain of Secrets validators unfortunately double-signed during this process, resulting in a 5% reduction in their delegation. However, they will be compensated, so there was no loss of funds even in this case." (source link)

Chain Catcher news, based on the Cosmos privacy public chain Secret Network, tweeted that the network is currently suspended, and no transactions can be successfully completed. The team is investigating the issue. Core developers expect several hours of downtime while determining the problem and restarting the chain. (Source link)