Four verification service providers including Smart Stake and Kingnodes stopped the verification service of Secret network due to technical problems

According to CoinDesk, at least four major validators of the privacy public chain Secret Network have stopped serving, including Smart Stake, Kingnodes, Azul Collection and Domerium Labs. Smart Stake stated that leaving the Secret Network was not only influenced by the Secret Foundation’s internal financial transparency and political influence, the decisive factor in its decision to stop the verification chain was the core technical problem of the network, that is, there was pressure on the verifier to complete Intel’s firmware upgrade on time. Foresight News reported yesterday that SCRT Labs, the Secret development team, accused the Secret Foundation of lacking financial transparency and suggested the establishment of a new foundation.