'Secret' bridge turns ERC-20 tokens into privacy coins

Cointelegraph

Published Dec 15, 2020 07:14PM ET

Updated Dec 15, 2020 09:00PM ET

An open-source blockchain protocol called the Secret Network is now offering privacy features for the Ethereum blockchain and 14 ERC-20 tokens.

According to a Secret Network blog post, the protocol launched its Secret Ethereum Bridge on the mainnet today, which is designed to allow Ether (ETH) and all ERC-20 token holders to create programmable versions of their assets with privacy features. The Secret Network compared these “secret” tokens to privacy coins like Monero (XMR):

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