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Secret Network validator shuts down nodes after leadership turmoil

An internal conflict at the privacy-focused Secret Network has resulted in at least one validator throwing in the towel. A major validator for the privacy smart contract layer-1 blockchain Secret Network has announced that it will no longer provide nodes and support for the network. On Jan. 29, major validator Smart Stake announced that it would be shutting down its Secret Network validator nodes on Feb. 21. Smart Stake cited “complex/stressful validator operations, cost/effort of validator ops, and recent events,” as reasons for withdrawing its services. Smart Stake is a staking and validator service provider that supports several networks including Crypto.com, Polygon, Cosmos, and until recently Secret Network. PSA for @SecretNetwork delegates of Smart Stake: Smart Stake will be shutting down its Secret validator on 21st Feb. Please redelegate to another validator . Reasons: 1) Complex/stressful validator operations on $SCRT 2) Cost/effort of validator ops 3) recent events ...