An internal conflict at the privacy-focused Secret Network has resulted in at least one validator throwing in the towel.
Personal privacy intelligence contract Layer-1 Block chain Technology Secret Internet a key certification party announced that it will not be necessary to provide connection points and support for the Internet.
On January 29th Smart Start, a key certifier, announced that it would shut down its secret Internet verifier connection point on February 21st.
Smart Start lists "complicated / stressful validator actual operation, validator actual operating cost / workload and its recent events" as reasons for withdrawing its service items.
Smart Start is a provider of chip and verifier services that supports a variety of the Internet, including Crypto.com, Polygon, Cosmos, and until recently Secret Network.
The move came after Guy Chiskind, the founder of the secret laboratory, announced the accounting clarity of the secret foundation.
On Jan. 28, Chiskind released an accusation that the foundation and its founder and CEO, Dazbeier, sold local dynamic passwords that used the dollar-laden SCRT- secret Internet at the end of 2021.
"TorTX took a large portion of some of the profits," he declared.
Chiskind also reported a net inflow of $4 million into the foundation in the fourth quarter of 2021, but did not mention a withdrawal.
This behavior is not disclosed in all the financial statements issued to the streets by the foundation, which is launched at various locations through Tor as a non-profit organization.
However, Little Bear brought his description of the matter at the secret renovation seminar on the same day. He said that the withdrawal was part of the amount of tokens he received.
Instead of paying my tokens in December 2021, I converted some of my tokens into dollars at over-the-counter prices, and the Secret Foundation distributed these assets as dividends.
He added, "this information can be confirmed in our 2021 tax return, which has been verified by the laboratory before, and I have released this information to the other party before."
Continuous internal structural leadership conflicts have seriously affected at least one Internet validator service provider and ecosystem community.
The price of SCRT has not been affected by the internal structure of the feud, in the past week around 0.80 yuan began to sort out sideways. But the token is down 92% from its all-time high of $10.38 set in October 2021, well below Bayer's market price of $7.