Secret Contracts Upgrade + Addition of Foundation Rewards (Codename: Vulcan)

This proposal marks the addition of Secret Contract functionality to the Secret Network mainnet, a long awaited set of features that are set to transform the Secret Network from a transactional PoS blockchain, into a complete decentralized platform that enables privacy-preserving computations. With Secret Contracts, developers will be able to build their secret applications on top of the Secret Network. These applications are capable of keeping all information private – inputs, outputs and state.

In addition, this proposal introduces the Foundation Reward Module and activates it with an initial address and tax rate (15%). This follows the unanimous passing of the Foundation Signal Proposal (#18): https://puzzle.report/secret/chains/secret-1/governance/proposals/18.

Should this proposal pass, the following changes will occur:

• The state will be exported from secret-1 at block height 1246400.
• Genesis Time: Roughly @ Tuesday, September 15th, 2020 at 14:00:00 UTC.
• New Chain ID: secret-2
• Coordination channel: https://chat.scrt.network/channel/mainnet-validators
• Upgrade instructions: https://github.com/enigmampc/SecretNetwork/blob/master/docs/upgrade-secret-1-to-secret-2.md (Will be finalized before September 15th)
• In case of a network-wide upgrade failure to secret-2, we’re going to relaunch secret-1 from block 1246400 as specified in the upgrade instructions above, at the last section (“In case of an upgrade failure”).
• New module: Secret Contracts (x/compute)
  • Based on https://CosmWasm.com v0.10
  • Param: consensus_params.block.max_gas = 10,000,000 (to prevent DoS)
  • Code: https://github.com/enigmampc/SecretNetwork/tree/v1.0.0
  • Encryption specs: https://github.com/enigmampc/SecretNetwork/blob/master/docs/protocol/encryption-specs.md
• Update to x/distribution: Foundation Reward
  • As per https://explorer.cashmaney.com/proposals/18
  • More info about Secret Foundation: https://learn.scrt.network/foundation.html
  • Param: SecretFoundationTax = 0.15 (15%)
  • Param: SecretFoundationAddress = secret1c7rjffp9clkvrzul20yy60yhy6arnv7sde0kjj
  • Code: https://github.com/enigmampc/cosmos-sdk/pull/1
• Upgrade Tendermint to v0.33.8

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