ENIGMA TO SECRET NETWORK

By Venkatz | Crypto_Rays | 8 Oct 2020


 

ENIGMA TO  SECRET NETWORK

7e7e5da2fc54d93c2c7a394473cc693688131d1e5b418ca1ac966106d49a0090.png

Enigma is one of the open-source secured computation protocol which handles blockchain functions, or smart contracts, on sensitive (secret) data. This protocol is mainly designed to solve privacy, scalability, and usability. Enigma's Total supply is 150,000,000 and Enigma Hits its All Time High of  8.30$.

The Collaboration Hint

19fffa82ccf0fb98dc3ed24d0e2e6ed4544ab7d983526b65823e558d826eb04f.png

On June 2018 Enigma announced ENG is partnering with Intel on research & development efforts for advance development of privacy preserving computation technologies. Enigma stated that they will utilize Intel SGX (Software Guard Extensions) in building privacy technologies. for data protection. Intel also highlighted about the Collaboration with Enigma’s solutions

The SEC Issue

In 2017 During Enigma's Token Sale  The SEC  (Securities and Exchange Commission)  said that the token sale represented a  unregistered securities. and initiated a whooping fine amount. that little bit reduced the growth of Enigma. But Enigma Team never gave up.  Enigma neither admitted nor denied the agency's findings, but Enigma paid a $500,000 penalty and agreed to return funds to investors who bought during ICO. you can read the Full Registration Statement in sec Website. (Enigma did Good One here)

ENIGMA  ~  SECRET NETWORK

Secret Network is blockchain based open source protocol performs computations on encrypted data, bringing privacy to smart contracts and public blockchains. Recently Enigma launched its Mainnet blockchain  Secret Network its a POS based blockchain  on Cosmos SDK / Tendermint  and its new native coin is Secret (SCRT). Secret Network Gives data privacy to end users and Developers. Adding Values on  Decentralized finance, Data Sharing, Machine Learning, Gaming Health Care Much more. Can Get more Detailed info on SCRT Network.

Wallets That Supports SCRT

  • Ledger Nano
  • Keplr
  • Math Wallet

Binance  Completed Enigma(ENG) to Secret Network (SCRT)

End of September 2020 Binance Completed the Engima to Secret Network Swap successfully at 1:1 Ratio. SCRT Pairs are now available for Trading in Binance. Enigma Holder can swap there ENG to SCRT Token in Math Wallet Too

Conclusion : Enigma / Secret Network (SCRT) a undervalued Gem Still.

 

How do you rate this article?

17


Venkatz
Venkatz

I am Venkat From India I graduated in Computers and then did Masters of computer Application also Master of Philosophy in Network Security. I interested in Learning New Things. I love the blockchain Technology I am in Crypto From 2017.


Crypto_Rays
Crypto_Rays

Here you can get most important updates of crypto projects also will decipher the projects in detail

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.