₮ 0.01202
16 min ago
(-35.21%)
Enigma is a decentralized data marketplace, that guarantees the privacy of their users' shared data cryptographically. Enigma’s computational model is based on an optimized version of secure multi-party computation, backed by a verifiable secret-sharing scheme. For storage, Enigma uses a modified distributed hashtable for holding secret-shared data. An external blockchain is utilized as the controller of the network. It manages access control, identities and serves as a tamper-proof log of events. Security deposits are required and fees are charged in order to incentivize operation, correctness and fairness in the system. ENG is an Ethereum-based ERC 20 token that serves as currency on Enigma's network.
Try our free Enigma (ENG) portfolio tracker if you want to efficiently keep track of your ENG and other coin/token investments.