Ethereum
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Market cap
24h vol
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Total liquidity
-
Balance: $0
($300.39 k)
0x0..ead
76.52%
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CoinMarketCap.comEnigma, also known by the token ENG, is a platform employing cryptographic methods with a focus on data storage, privacy, and scalability aimed at enhancing privacy on the blockchain. One of the unique features of this platform is its implementation of confidential contracts, which provide users with a level of privacy not typically found in standard blockchain protocols. Confidential contracts operate off-chain, meaning they are executed outside of the Ethereum blockchain.
The Enigma protocol works by dividing smart contract data into smaller, encoded chunks, and distributing them among various Enigma nodes. This project was initiated by Guy Zyskind, who plays a key role as the CEO and co-founder, leveraging his experience and M.S. degree from MIT. Other members of the Enigma team include Sandy Pentland and Alex Pentland from MIT, serving as advisors.
The Enigma protocol serves as a foundation for various platforms, including data marketplaces, AI exchanges, and decentralized applications that require encrypted data and private computation. These applications are made possible through Enigma's application layer. One such application is Catalyst, which is designed for data-driven investing and research in tokens, primarily catering to professional traders.
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ENG Metrics:
Current price: $0.0039
Market cap: $320.96 k
All-time high: being indexed (being indexed)
All-time low: being indexed (being indexed)
Daily trading volume: $0
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