Secret Network V1.18 Upgrade Vote

APR

17

Event date

Thursday 17 April 2025, UTC

Event description

  • Secret Network’s v1.18 upgrade proposal, posted April 10, 2025, introduces MRENCLAVE sealing to mainnet, a cryptographic mechanism that ensures secure computation in trusted execution environments, addressing privacy concerns in DeFi where 80% of users prioritize data anonymity, per a 2023 Chainalysis report.
  • The upgrade includes emergency measures like a 66% validator signature threshold for rapid response to enclave bugs, a critical safeguard given that 15% of blockchain exploits in 2024 stemmed from smart contract vulnerabilities, according to a CertiK security analysis.
  • Additional features, like hard-coded admin settings for Shade Protocol contracts and SNIP-2X code hash updates, aim to maintain compatibility during upgrades, tackling a common issue in blockchain ecosystems where 30% of dApps face downtime during migrations, as noted in a 2024 Messari report.


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Secret (SCRT) Events List

Secret Network Web3 Privacy Space Community Update

On December 3, 2025, Secret Network will host a community space discussion titled "Web3 Privacy Space" at 5:00 PM UTC. The event emphasizes privacy beyond P2P payments, focusing on broader Web3 privacy issues. It is a virtual team update organized by Secret Network to engage with its community and discuss privacy innovations and ecosystem developments. Recent News Over the last few months, Secret Network has advanced its privacy-preserving smart contracts and expanded partnerships to enhance Web3 privacy solutions. They have also been active in community engagement via AMAs and social spaces, highlighting privacy as a key element of their roadmap. Future Plans Secret Network plans to continue developing privacy tools and expanding use cases in DeFi, NFTs, and decentralized identity, leveraging the upcoming privacy season events to showcase new features and collaborations. Community Sentiment Sentiment is positive, with community members expressing strong interest in deeper privacy discussions and the growth of privacy-centric Web3 applications. Quotes include: "Looking forward to the privacy season discussions!" and "Secret Network leading the way in Web3 privacy." Risk Disclaimer This event is informational and community-focused; it is unlikely to directly affect token prices but may influence community sentiment and future development directions. Sources used https://x.com/SecretNetwork/status/1995557421461438613

Secret

December 3

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