enigma Enigma (ENG)

$0.1009
16.59% (24H)
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Market CapVolumeAvailable Supply
$8.51 M$771,48982.72 M ENG

Enigma current price is $0.1009 with a marketcap of $8.51 M. Its price is 16.59% up in last 24 hours.

Enigma is a crypto platform that’s trying to solve the problem of privacy on the blockchain by giving them access to much-needed storage, privacy, and scalability. Enigma wants to extend Ethereum Smart Contracts by introducing secret contracts, a brand of smart contract that gives users an element of privacy that’s not intrinsic to current blockchain protocols. These contracts operate off-chain, meaning the execution of the Smart Contract doesn’t occur on the Ethereum blockchain itself. This is how the Enigma protocol works: it breaks up the Smart Contract and any related data into pieces, encrypts those pieces, and distributes them redundantly among Enigma nodes. Enigma has a protocol level. The Enigma privacy protocol allows for decentralized computation of sensitive data. It has a platform layer too. On this protocol, dozens of platforms such as data marketplaces and AI exchanges can be built. In its application layer, it enables thousands of truly decentralized apps that require private computation and secure data.Its first application is catalyst. Catalyst is the first application to be built on the Enigma protocol, already active with tens of thousands of users. Catalyst is a revolutionary platform for data-driven cryptoasset investing and research, built for professional crypto traders. Enigma has a team of MIT graduates, and they’ve been working diligently to ensure Enigma’s success. Guy Zyskind, Enigma’s CEO and cofounder, helped start the project while he was still a student at MIT. He has more than a decade of software development experience with an M.S. from MIT. Sandy Pentland, a well known MIT data scientist who gained fame for his work in data-mining social interactions, is Zyskind and Nathan’s adviser on Enigma. With other advisors such as Alex Pentland, who sits on the Advisory Boards for Google and Nissan, CEO of Abra, Bill Barhydt and director of MIT media lab, Prof. Alex Pentland, it is hard to difficult a fault in the team.
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PHOTOS: The @EnigmaMPC team presented Secret Network today at Crypto Tel Aviv (http://www.cryptotelaviv.io) - then completed the day with a #DeFi beach cocktail party! We can't wait to have more Secret events all around the world in 2021 🤫

Reply with city suggestions below 👇👇

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Oracles are critical for connecting #Web2 with #Web3.

But what happens if you also introduce programmable privacy, letting you stream confidential data into secret contracts?

Introducing Secret Oracles. Discuss with us now on the Secret Forum! https://forum.scrt.network/t/secret-oracles-connecting-web2-to-web3-with-privacy/2239

Last month, we became the first blockchain with privacy-preserving smart contracts. Now we're bringing privacy to EVERY blockchain, starting with #Ethereum. Learn how Secret Network provides cheaper, composable, & programmable privacy to $ETH and ERC-20s! https://blog.scrt.network/secret-ethereum-bridge-privacy/

Did you miss the presentation from @EnigmaMPC's Itzik Grossman at the zkp-Privacy Summit? Catch his full talk on privacy-preserving smart contracts (and Secret Network) on Crowdcast! Thanks to @DystopiaLabs for hosting and to all our other co-organizers! https://www.crowdcast.io/e/zkp-privacy-summit/5

BE ADVISED: at 4 AM UTC on Sep 27th (9 PM US Pacific TODAY, Sep 26th) trading will halt for $ENG on @Binance. Binance will then conduct a 1:1 swap to $SCRT for their users. $SCRT will begin trading on Binance at 4:00 AM UTC on Sep 30th.

Learn more here: https://www.binance.com/en/support/articles/ab16b0fedc734c8e83bf0a5ba60cf024

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