The Enigma Protocol functions by creating an off-chain network of nodes for storage of private data, which is attached as a second layer to an existing blockchain. Parties can store and run computations on the data without being able to view the content unless the existing blockchain grants access.
Using a Turing-complete scripting language, each node is given a stand-alone piece of seemingly random information so that no single party has access to the complete data; this allows privacy to remain totally decentralized.
By implementing this function via smart contracts, Enigma enables users to send encrypted content using smart 'Secret contracts', without comprising their computation, and preventing any single party from viewing the content.
This is a game changer with endless use cases, imagine having complete autonomy over your data and being able to share/monetise as you see fit or medical institutions being able to share patient information without revealing any private data.
yep. bought at ico. bought sub ico. just waiting for lambo.
Robert Watson
It's a cool project and I think things like sMPC are really interesting. I'm surprised that is doesn't get more attention here considering how analogous it is to ChainLink (trying to solve a broad obstacle to smart contract adoption with a second layer solution).
Oliver Garcia
bought enigma a little over a week ago. Pretty comfy hold so far.
Jonathan Gray
I put it down to lack of understanding really, for some reason people see it as a privacy coin comparable to Monero or BTCP. A bit of research and they'd understand what a gem they're missing out on.
Cameron Torres
Sort of a Monero X Nano hybrid, speed and privacy
Grayson Rivera
Is this bait?
Jeremiah Perry
buy now and get the features 2020. By then crypto could be dead or there are other chains with build in privacy options. lol
Jacob Wilson
hehe yeah you got me
Asher Price
I hope so or point proven.
Carson Brown
>build in privacy options I did say it was the smart money pick...
Michael Nguyen
2nd layer solution off chain, thrust third parties
So what? Why does it matter when what they are doing is essential for the adaption of crypto as a whole. And I don't think there are many people doing what they are doing anyway.
Ian Ross
iExec already does this and much more. V2 imminent and partners piling on.
Eli Myers
>iExec already does this and much more What? No it doesn't, what do you think Enigma is? I'm familiar with IExec and I know for a fact they are not in competition.
Jose King
You gotta love that the only fud is from people who don’t understand it!
Joshua Morgan
I honestly don't care, I wish solid gains for anyone in crypto, only thing that annoys me it people who invade threads to spam their own shit because their own threads don't get the attention they want.
Luke Thompson
True, that’s Veeky Forums for you though!
Joseph Johnson
Wasn't always like this sadly, just last year all crypto threads were just talking about their crypto and what they did, wasn't much spam from other crypto threads. To bad, would have been a great board if all the pajeets and teenagers stayed out.
Brayden Gutierrez
People have been spamming this shit in unrelated threads for weeks. Almost a pasta at this point.
Blake Hughes
I think it started around September last year, the quality of threads/replies went down as the mania kicked in!
