Enigma (ENG) News, Price Predictions, Opinions and Analyses Created by Users

Enigma (ENG)

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Enigma (ENG) is a cryptocurrency made by an MIT-bred team of experts and co-founded by Guy Zyskind and Can Kisagun in 2017. It is a decentralized secure computation protocol that aims to solve the problem of privacy of any kind of blockchain computation - not just transactions.

The Enigma protocol utilizes “secret nodes” in its blockchain network where computations over encrypted data are performed. In doing this, Enigma can extend Ethereum smart contracts by introducing secret contracts. With Enigma, Ethereum secret contracts are computed off-chain on the Enigma protocol through multi-party computation (MPC). Moreover, Enigma’s distributed hash-table (DHT) technology enables data to be stored securely and privately off-chain while helping with scalability for the Ethereum network. Essentially, Enigma brings privacy to highly transparent and public blockchains while also increasing scalability by implementing off-chain computation.

The Enigma protocol hopes to be at the forefront of a decentralized ecosystem of world-changing applications powered by Enigma. It’s setting out to realize this vision by playing an integral role in the protocol layer, platform layer, and application layer. Some of the industries Enigma could potentially reshape include personal data, healthcare and genomics, credit, and the internet-of-things (IoT)

Enigma (ENG) is an ERC-20 token with a total supply of 150,000,000 ENG and a circulating supply of 74,836,171 ENG. The Enigma ICO was held in September 2017 where 50% of the tokens (100,000,000 ENG) were sold at a price of 1 ENG = 0.60 USD. The Enigma project raised $45,000,000 USD during the ICO.

In this tag you can discover Enigma (ENG) news, price prediction, opinion and analysis created by users.


Is Enigma (ENG) A Good Investment? (Controversy Included) In-depth Analysis and Near to Longer-Term Expectations

30 Mar 2020 8 minute read 5 comments CryptoBoomer

Enigma or ENG is a cryptocurrency platform with the intention to solve privacy problems on the blockchain and especially smart contracts. It solves privacy by permitting access to data storage and privacy while at the same time it tries to optimize...

Enigma (ENG) | Securing the Decentralized Web

2 Feb 2020 1 minute read 1 comment NassiroV

Image Source Enigma encryption system Enigma is a protocol that encrypts data and that works through a blockchain. Enigma stores confidential data online and secures it in a decentralized manner. The system was launched by graduates of MIT Media Lab...

What’s Enigma?

17 Jan 2020 1 minute read 0 comments zogintl

What’s Enigma? Enigma is building a decentralized, open-source protocol that lets anyone perform computations on encrypted data, finally bringing privacy to smart contracts and public blockchains. First founded and researched at MIT in 2015, Enigma t...

ENG / BTC technical analysis [BINANCE]

14 Dec 2019 1 minute read 0 comments MrBullishSail

ENG seen from the temporality of 1W we can see how the structure of sails has formed a descending wedge during the long downward journey that has had the price since May 2018, the current series of sails has managed to break the resistance of the...

Find Waldo - find the animal - Garden Trash series

27 Jul 2019 1 minute read 0 comments CEDCryptoCoin

Hi,today I just bring you two photos for fun "Find Waldo challenge" - find the animal in the photo.     Which was easier to find and you know what the animals are.You can write in the comments, but put in too much so others can search :-) more phot...

FREE AIRDROP 100 NRG = 800$

22 Jun 2019 1 minute read 5 comments gors3333

FREE AIRDROP 100 NRG + 10 NRG per referral. 1 NRG = 8.10$https://coinmarketcap.com/currencies/energi/ EU, Australia, or New Zealand in order to be eligible for the current rounds of the Energi Earndrop program.Earndrop Round 2 (USA & CAN) is live! If...