Enigma is going up the whole week. Wtf is this shitcoin?
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Who cares? All that matters is it’s made by MIT
the tech is too complex for brainlets to understand, but they should understand that its made by a good team, backed by serious investors (DCG), and that its going up and FOMO in, at 9$ ofc.
Smart money bought last week, but its not too late for us.
It's a private smart contract platform. Think like ethereum, but all the data is kept private and secure.
What I'm excited about is the announced partnership with EtherDelta. For one, this will eventually allow us to use their Catalyst platform to algorithmically trade shitcoins on our favorite shitcoin bazaar, as well as share trading strategies, or invest in the most autistic Veeky Forumsnessman's catalyst trading strategy. Furthermore, in their Catalyst whitepaper they got pretty in depth in how they would make decentralized exchanges not complete shit to use, so this potentially could make EtherDelta useable. This is what I'm most excited about with the project in the short-mid term. Long term outlook is really good too. DYOR
coin made by "mit genioses" that got hacked by a script kiddie
How do you store coins on decentralised exchanges?
In your own wallet, or in EtherDelta's case a combination of your own wallet and an EtherDelta smart contract.
You initially put coins into your own wallet that you import into EtherDelta so you can view the balance and send to the smart contract (via importing the private key, using a Ledger, or MetaMask). When you want to trade coins, you "deposit" them into the ED smart contract so that they are available to be traded via other smart contracts through ED. By doing this, ED never has control of your coins. If ED were to go down for any reason, and you wanted your coins out of the deposit smart contract you could just lookup what data you need to send to the smart contract and interact with it through something like MyEtherWallet to get them out.
Seems more like you need Link for decentralised oracle, otherwise it can be hacked through execution of the smartcontract. But I will do more research into this. Thanks!
Shit tier FUD.
Choo choo nigga
>implying etherdelta is shit to use
Its only hard when the lemmings are stampeding the network to buy a hyped ICO, otherwise it's dead simple