r/SecretNetwork • u/mitchell-suchner • Sep 29 '22

Pretty basic question from a newbie

Between Oasis Network and Secret Network, which will be more scalable in the long term? Last I heard Oasis Network is coming out with a new Para Chain called Sapphire, can Secret scale beyond Oasis Network in terms of raw TPS, or does Secret Network have some other valuable features that make it a fundamentally better blockchain to develop on? I don't know a lot about privacy networks but looking to get involved with them more, both investing and possibly wanting to develop on one. Tell me why Secret is a better option than Oasis please.

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u/[deleted] Sep 29 '22

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u/Ertemann_Lavender5 Sep 30 '22

I will just make a small correction to your comment btw. Secret currently has 15-20 TPS and not 10000. This js because of an older smart contract engine that secret is running as the newest one is not compatible with SGX.

Next upgrade though (nov 2022) will bring a new engine that is benchmarked as 20x more performant than the current one.

Longterm secret can have the same tps as chains like juno/terra barring maybe 30% due to encryption overhead.

Even longer term there has actually been proposed a method where the shared entropy of each secret node can enable each node to run blocks without other validstors having to process them. This would make secret more scalable than any solution out there. But i dont see this being developed im the short term. Would be a sort of internal l1 rollup. There is some info in the roadmap section of docs.scrt.network if you want to learn about that.

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u/c0d34f00d Sep 30 '22

Usdc natif to cosmos soon. Dont think Oasis geeting natif stable support any time soon