How are you guys today? Hello, hello. Hey, doing good. Finally some good weather outside, so doing great. Yeah, yeah. And it should be like for the next seven days, so like the whole conference should have pretty nice weather.
Yeah, no love it. Amazing. Amazing. So we should get into the shower. Great. Hey guys. Yes.
Hello guys, hey, how was everyone? Good Yeah, a little bit nervous for before the conference about the kids. Yeah, I was about to say the same super hard
Yeah, well I'm excited. Can't wait to get them. Hello, hello, how's it going? Hi, hello. How's everyone? Hey, hey. Hey, hey.
So let's wait a few more minutes for people to join. I'll share this decalms.
So just a few more seconds and then we will keep going.
I guess let's start the spaces is recorded so you're not going to send it up to work. Yeah, okay, great. So hello everyone. Welcome to Outdoor Space. Yeah, we are truly glad to have you join here today.
discuss the upcoming Gateway conference and dive into the exciting plans of our GoHos secret network. Today we have Guy Diskind and Sahar Rath. Welcome guys, amazing to have you.
Great to be here. Thanks for inviting us. Hi guys, thanks for inviting us. Can't wait for the conference. Yeah, definitely, definitely. And for those who are not familiar, the Gateway Conference is developed a focus conference about customers and this is our second year.
the last year was pretty successful. So we are looking forward to this year, we'll be blessed. But before we dive into the details, maybe let's give it a listen or some brief intro to Gateway. Tomasht, can you share something what we can look forward to this year? Yeah, definitely. So as you mentioned,
like last year, it was for two days and we have more than 500 attendees from 30 countries and from the content perspective we had like a lot of keynotes and like two or three worships and this year we are making it even bigger so 40-year our lineup is including 74 speakers
More than 40, 42 presentations, 10 panels and empty workshops. So like it will be flip-packed and agenda is like from the from the morning till the end like you will not have a chance to like basically sit up because there will be so much content and like for the people who
like to network, there will be like also every every evening there will be an event. On Saturday on the first day there's like a defy happy hour with hallborne and fraction and other partners. So you just need to register and go to like gateway.events.style.
But there's a link for the registration. On Sunday we are hosting a Volidator V.Meetable Escape and on Monday there's a game right from Celestia basically pretty much the same concept as was happening in Denver. So like Web 2 and Web 3 games on a Proc after so that
It will be huge. Also, on the second day, there will be a demo session for the new projects, starting to develop on customers. That will be also pretty interesting.
people who are staying here for a long time on 7th of June. There will be like a privacy in Cosmos event which is hosted by Rockaway X and CK VoliDator and I think guys from CK will be there as well so it's pretty packed.
Yeah, I love it. It sounds amazing. Definitely looking forward to it. Great. So now maybe let's get back to secret focus on a bit. I would love to learn more about it. Can you guys give us a quick rundown of what secret is all about?
Sure, I can jump in. So for those who don't know, secret is is a let one. Cosmos chain, obviously we're going very strong on the on the cosmos conference, the cosmic center conference. It's actually, you know,
the first or the second network they've had a cause and wasn't contracts permissionless cause and wasn't contracts but really the highlight of secret is the fact that all smart contracts are encrypted into end so inputs
state updates and outputs are fully encrypted and essentially the idea is that you can run confidential smart contracts which obviously opens the door to all kinds of applications so you have private tokens, private defaults,
I'm pretty much all DFI on secret is immediately from front of the resistent because the mempool is essentially encrypted. You can think of security options, identity, maybe even private AI someday and the news goes on.
That sounds super interesting. There is something going on around now that you guys are calling the secret search. Sounds exciting. Can you tell us more?
Of course, so to be very open, secret, DFI ecosystem used to be pretty big and then it kind of suffered in the last like year, year and a half for all kinds of reasons, but there has been all kinds of projects that have been basically
development mode developing like a very very strong defy ecosystem for secret a project that many in cosmos know is shade and they've launched like about a month ago and our project is Blizzard and they've also launched a few weeks ago and our projects like
like stakes is secret swap V2, which is separate from the original secret swap, so people should not really conflict with it. And there's also CNA and other projects. And all of these together with many of them launching now or very soon, many of them launching in
the in the near future, it kind of prompted us to realize that there needs to be a whole thing around it. There needs to be something that the L1 does to actually help them gain liquidity and bring users in, get it out of excitement. And that is really the idea.
about secret surge. It's a multi-dap slash the L1 kind of like a D-file resurrection endeavor in which all the applications are going with this campaign or
they contribute like rewards for whoever's like supplying liquidity to the pools or taking you know alone or minting silk which is a stable coin by shade that's built on secret and so forth and also
So the Lair 1 matches to an extend those rewards. So we basically set it to be 1 to 3, basically for every $1 in basically the L1, the secret tokens rewards. Then the DAAP has to provide like
dollars worth of their own token. And I think a lot of the cool details around me goes into the nuances. Like we're really, I mean, just giving rewards out is usually not sustainable. So we kind of worked out the model that I think is much more sustainable and does not like create self-pressure, not for us, not for the other two.
But at the end of the day, the bottom line is that it's working. Like secret networks, TVL in the last month has grown from as far as I know, I think around like 5 million to 20 million. Even if I lama is not up to date with the latest
data that we work on it, it's been consistently in the top five like map of zones based on like volume and liquidity. So really, you know, if you haven't looked at secret surgery should, there's a lot it's a lot of fun, there's a lot of rewards involved and it really really
helps it to get into the new and renewed DeFi ecosystem on secret. Yeah, and I'll just add that sounds pretty exciting that this is a six months period where the first three months and we already passed month one. It's almost double the rewards. So I shared the tweet and
people should definitely check it out. The sooner the better. The, uh, hoping the growth continues and you guys, you guys get an increasing amount of users to look at this. I'm also intrigued by the, by the notion of privacy as
a service. So the idea that I get secret will outsource computation to other parties. So that sounds like a whole other service the blockchain can provide because it's able to perform these secure computations. Can you guys, you know, explain to us how I would work?
So, you know, DeFi is obviously very important, but if we're kind of betting on the future, the end of the day, secret score competency is secure computation, is the ability to run computations privately and use that in your Web3 apps. So privacy is a services, as you mentioned,
It's exactly that. It's this idea that anyone, in particularly IBC chains, I mean, that's a big part of why we're in cosmos, but eventually beyond that, like think about the VM chains and think even about like Web 2 apps and Web 3 apps that don't even live on any chain, like they can benefit
from the kind of secure computation and private computation that you can do on secret. And privacy of the service is really a our umbrella term of that. And B, it's also a concentrated effort to build concrete APIs that we can externalize.
So one example, which we actually just launched in the recent hard fork, is SQL VRF, which is essentially the ability to produce, provably secure, on-chain randomness and to consume that on any IBC chain.
and hopefully in the future, other changes as well. There's this idea of secure auction, so there's already a project on Ethereum that's actually using secret under the hood to basically run all kinds of sophisticated auctions that require privacy because
the beads into staying crypted. There's this idea which we're about to launch and announce, maybe actually we'll share that next week in the conference. It's this idea of MPC wallets using secrets. So basically the idea is that you can now
use smart contracts on secret to help you co-sign from transactions and you can put all kinds of access policies and there's all kinds of like crazy use cases for that technology and that can be used on any chain right that you can produce signatures for Ethereum for Bitcoin
There's this idea of private doubts as well, which you know, doubt tokens again, not just on secret, can basically use private voting and the least just goes on. There are so many use cases for privacy, can now be, for privacy in the service, externalized to other chains, in particularly Cosmos.
You guys have a lot of stuff going on. So why did you decide to join everyone else at Gateway? What are you bringing in the house? Honestly, I came to Gateway last year. I think you guys invited me to speak and I came alone from secret. And I think
One thing we did not do enough and we're changing it now is we did not give enough attention to the European market. Even though most of the dev team is from Israel and we're very close physically, we have not done that nearly enough. I came to Cosmos a long less year and I immediately
message everyone on a secret in our community between all the entities working on it and it was like guys. This conference is amazing. I don't know if you guys know, but you've done an amazing job lesson. It was a beautiful conference. A lot of fun, very high quality content, very, very different than
a lot of the shallow conferences that we see nowadays. So, you know, it was clear from immediately that if you guys are going to do another conference and hopefully you did, then we're going to take a seriously participating that one. We're very much appreciated to hear
that we're excited to, you know, walk in the guys back again. So can you tell us a little bit more about you know, mentioned conflict this king at Gateway? Definitely it's a developer focus conference for all about the tech. So can you give us some like, you know, some hints and what are sort of the topics you want to, you want to, you know, broach in Gateway?
I think a lot of people in maybe our team would not
I mean they may not agree when you go in this technical, but I'm gonna geek out a bit
With this whole endeavor of threshold wallets, we've basically added a lot of cryptography to secret. So for those who don't know, secret primarily has been focused on using trusted execution environment and SGX, which is essentially a secure enclave, very much like your hardware wallets.
to simulate running computations over encrypted data. But those, you know, SGX is as we've seen and as we've known, it does have challenges. I think they're overstated, but see if it does have it's like security issues, potential side channel attacks. And it was clear to us that for many of the use cases that are higher sensitivity, like
storage private keys in a smart contract, you need deeper cryptography, not just like SGH. So in the process, we've actually added a lot of cryptographic primitives to secret. So secret is now the only layer one, and we've actually never announced it. So this isn't maybe a
follow my announcement, we are planning one, but if you're here, they're not going to hear it. Secret is now the only layer one that has home offer encryption baked into its more contract. You can actually, there's a, a, a, a, a, a, some offer encryption library that we ported that works over cousin was them and is running
inside of a secret contract and you can use it. And you can do a lot of things with its partial homomorphic encryption and a full homomorphic encryption which means that you can do a lot of use cases, not all of them. But that is pretty exciting. I think that I have seen any change everywhere. That sounds super cool. Like baked in FHA. So you have FHA primitive functions
which I can call for my smart contract that will operate directly on an interpreter. Correct, but again, I will make the distinction. It's not FH, it's H, it's H, it's H. Right, it's on. Yeah, you can do sound operations when I'm not on. Right, right. Yeah, it sounds super interesting. Are you guys also planning to show this off in workshops or, you know, what sort of
So we want to show that in workshop. I mean, we will show that if people ask and we can kind of point out it and people can use it and maybe that's a good idea actually. Because we have prepared something that's around Secret VRF, which is the new verifiable random function of
from functionality that we added. The reason is that that one is much more production tested. It can be really used today. In any way, there are no shortcuts or anything. It's like really production ready and API is top notch. We're going to focus on that.
that, we can definitely demo the other stuff. And just so people know, the VRF protocol is really cool. I won't get into the technical details as much here, but it kind of basically
It's kind of similar. I mean, it actually goes a bit into the tournament consensus itself. So essentially the proposer dodges the RAM clay to propose some randomness and then like all of the other validators vote on it as part of like signing the blog. So it's in a way it's like like a kind of a
a vote extension kind of thing. So it's really, really cool and really deep and it just works and it works really well. So we're going to focus on that on the workshop. We're going to show how to use that, whether in secret or on any other IBC chain. Yeah, that sounds very interesting. Definitely, it'll happen and have a look at that. So what are the, you know, take
So, anyways, we're hoping attendees will take with them from your talks. What is the message you'd like to transmit? There's really only one message that privacy is useful. It's not just a basic human right. People always take the conversation that privacy is about protecting our data, privacy is basic human right. All of that is true.
important, but we want to show people that they can actually use privacy and it's useful. It's not just because they care about their data. Yeah, definitely that makes sense. Definitely. Yeah, amazing. I think that's a great time to open it for questions from
audience if you have any questions or secret or customer's conference or anything else just hit the request to speak and we will bring you on stage and in the meantime let's take a moment to allow our audience to get other questions
Maybe let's shift our attention to post gateway conference. There's a lot of happening in Prague. There are several other network people, even conferences like Eiff-Brag, Volkato-Brag, Cosmos Privacy. Are you planning to attend any of these? Are you planning to stick
around and connect with other customers, non-customers communities. So we're going to be both in both Web3 privacy and privacy in Cosmos events. I think we're also talking there and obviously it's very relevant and close to all
or hearts will be in Prague most of the week. I think some of the team is also staying for each Prague. I personally would have to probably live earlier but like we're gonna be the entire week and we actually would love to meet with people and with locals and talk about what we're doing and what
What do people are doing? And actually a question back to you guys, the organizers. Why, I mean, just curious, proxies to have an amazing developer community and does bring like always like such a developer audience from like all across Europe and beyond. Why do you think that is?
That's a good question. I think Central European countries have a large programmer base. It's a job description that suits us well, I'd say. Speaking on behalf of the developers, one way
myself. So, plus, you know, it's not in the US, I think people are used to traveling everywhere. So you just have these distances in your blood, right? But it's not the same in Europe. Distances are short, people are not used to travel. But if you get the
conference in house if you get it close people will come they'll come from Poland they'll come from Austria you know they'll come from all these places that you wouldn't necessarily travel on musk to a conference somewhere else that's my take on it
Yeah, I guess that makes sense. Yeah, I'm really looking forward to have all the developers from Chick and the conference. All right. And if there are any more questions, I guess now it's a great moment to thank you guys for
We're taking the time to talk about secret. We are looking forward to having you and attend these workshops. And thank you all for joining us today and see you in... And by the way, sorry, Maria. Like the registrations for worships are open. So like everybody who is coming, check your emails. You should have
the link for the workshop registration there and register. Yes and last thing now Thomas you reminded me that we were put out that we talked about accommodation we have a great hotel confirmed with 30% off in
center of France, so you should definitely check it out if you don't already have recommendations. Thank you all for joining guys, looking forward to seeing you in three days and yeah, I'm pretty excited. Thanks guys. See you soon. Thanks everyone. Thank you. Same here Kent White.