The two projects seek to become the forerunners of Cosmos and Polkadot interoperability. Plasm Network and Secret Network, two projects based on Polkadot and Cosmos, respectively, have launched the first iteration of a bridge to connect the two ecosystems, each representing a different “layer-0” protocol. The bridge, deployed on Tuesday on Plasm’s testnet, allows users to transfer assets between Plasm Network and Secret, allowing them to enjoy transaction privacy and use SecretSwap, the first automated market maker exchange on Secret Network. The bridge would allow Plasm users to benefit from Secret Network’s privacy layer, which is based on hardware guarantees…
Once the registration statement becomes effective, Enigma would be required to file annual and quarterly reports with the regulatory body for its token.
The Secret Network’s privacy-focused smart contracts will be formally proposed for the mainnet on Sept. 8. If approved, they’ll launch a week later.
The open-source Secret Network has begun a swap for defunct ENG tokens and launched a "secret contract" testnet with big name partners.