A Milestone for Multi-Chain DeFi for Bitcoin with Privacy
Through this partnership, Native will integrate with Secret Network to empower developers to build DeFi applications that not only operate Bitcoin natively across multiple chains, but also prioritize user privacy. By leveraging Secret Network’s unique capabilities for encrypted computations, Native will enhance its offering, enabling the creation of natively multi-chain DeFi applications that are private by design, ensuring that sensitive user data remains confidential throughout every interaction.
What Native Brings to the Table
Native is a groundbreaking technology that provides developers with unprecedented control over native Bitcoin and the ability to enforce logic across any network. Using cryptographic signatures, Native ensures that operations performed by its technology are indistinguishable from those of regular users from a network perspective. This approach not only facilitates programmability across traditionally non-smart contract networks like Bitcoin but also adheres to the core Web3 principles of decentralization and user ownership.
What Secret Network Brings to the Table
Secret Network provides decentralized confidential computing (DeCC) for Web3. Smart contracts on Secret are able to have encrypted inputs, outputs, and state, enabling the protection of sensitive data and unlocking powerful new capabilities for dApps. Secret is able to provide confidential computing to dApps running directly on the Secret blockchain, as well as dApps running on other blockchains like Native through cross-chain communication. This means that any dApp built on Native will be able to integrate confidentiality features.
Lisa Loud, Executive Director of the Secret Network Foundation, expressed her enthusiasm, saying:
Robert Zaremba, Co-Founder of Native, shared his thoughts on the partnership, stating:
As the blockchain landscape continues to evolve, the partnership between Native and Secret Network underscores both organizations’ commitment to pushing the boundaries of what’s possible in DeFi, with a strong focus on enhancing user privacy and security across the ecosystem.
What’s Next?
With this integration, developers building on Native and Secret Network can create sophisticated, privacy-preserving multi-chain applications that combine the best of both worlds: programmable Bitcoin and confidential computing. For example, a DEX on Secret Network could enable confidential swaps with Native Bitcoin. Or, a Bitcoin DAO on Native could enable private voting through Secret’s Confidential Computing Layer.
Native is an innovative Bitcoin platform that enables Zero Trust Protocols and brings programmability to Bitcoin. Native’s technology empowers builders on L1s and L2s to create multi-chain DeFi solutions by providing a decentralized and non-collusive architecture that enables seamless interaction and enforcement of logic across various blockchain networks.
Secret Network provides decentralized confidential computing for all of Web3. Launched in 2020, Secret is a layer-1 blockchain featuring encrypted smart contracts. It unlocks powerful capabilities for Web3 applications, both natively on Secret and on other blockchains through cross-chain communication.
