Today, the Secret Network completed the Shockwave Delta mainnet upgrade, which brought CosmWasm v1 and IBC-transferrable SNIP20 tokens features, among others.
This is the second major mainnet upgrade since Supernova launched in November 2021. Shockwave Delta mainnet upgrade, as announced on September 18th by Secret, went live and was completed as scheduled to take place today. After the upgrade, Secret Network took to its official Twitter platform to announce the completion.
Although Shockwave Alpha, the first significant upgrade, brought contract state synchronization, significantly improved its network speed for heavy network events like NFT Mints, and allowed Secret Network to take advantage of IBC, an interoperability protocol. It, however, does not allow for much interoperability and falls behind in some areas.
Among the notable features brought by Shockwave Delta’s mainnet upgrade is the CosmWasm v1 feature, which significantly improves every aspect of the network.
The Delta upgrade gives Secret Network a new level of interoperability between chains, putting it on the same contract standard as most IBC-based chains. This promotes more effective communication between Secret Network and other blockchain protocols.
Thanks to CosmWasm v1, the Secret Network is now accessible to other IBC chains, allowing them to use the network’s privacy contracts for the first time. This will add an element of privacy to these chains by allowing communication and the use of secret contracts. According to Secret,
a DAO contract on Juno could communicate with a vote-counting contract on Secret to perform private tallying of governance votes, enabling users on Juno to vote without revealing their personal decision to the public.
Furthermore, CosmWasm v1 enables the transfer of custom tokens (SNIP-20, CW-20, etc.) between IBCs, allowing SNIP-20 tokens to be traded like SHD on DEXs hosted on other blockchains like Osmosis. It will also improve the developer experience by making creating secret contracts less difficult for developers.
Additionally, Secret teased the upcoming network upgrade and labeled it “Shockwave Omega.” It is anticipated to bring a WebAssembly engine improvement and additional features yet to be announced.
