Cryptocurrency Enigma (ENG)
The price for Enigma (ENG) cryptocurrency is currently 0.0056 $ (15 min delay),
daily range of currency change is 0.0046 - 0.0056 .
Last 24 hours news: trading volume -
126.97K $, price variance
+14.89%
.
The highest trading volume belongs to the pair ENG/BTC at the Mercatox exchange
Project Website - https://enigma.co/
Explorer of transactions - https://etherscan.io/token/0xf0ee6b27b759c9893ce4f094b49ad28fd15a23e4
Twitter Account - https://twitter.com/enigmampc
Chart Enigma (ENG)
Current price Enigma (eng) | 0.0056 $ |
Market Capitalization | 883.79K $ |
Trading Volume last 24h | 163.08K $ |
Minimum exchange rate (24h) | 0.010 $ |
Maximum exchange rate (24h) | 0.011 $ |
Market cap rank | № 3522 |
Absolute maximum | 8.19 $ |
Absolute minimum | 0.0015 $ |
Enigma Quotes
#
|
Exchange
|
Pair
|
Price
|
Spread
|
Volume
|
Last traded
|
---|---|---|---|---|---|---|
1 | ENG/BTC |
0.011 $
0.01066696$
|
14.29% | 140.93K $ | 2024-11-11 10:26:49 |
What is Enigma (ENG)
Enigma is a crypto platform thatâs 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 thatâs not intrinsic to current blockchain protocols. These contracts operate off-chain, meaning the execution of the Smart Contract doesnât 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 theyâve been working diligently to ensure Enigmaâs success. Guy Zyskind, Enigmaâs 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 Nathanâs 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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