$2.21/
Ƀ0.00026512

Enigma (ENG)

Buy ENG
Market Capitalization: $165,056,414 Market Volume: $4,471,340

%(1h) 0.25 %
%(24h) -7.82 %
%(7d) -27.34 %
%(30) -7.82 %
%(6m) -27.34 %

Enigma Conversion Calculator
ENG
USD
Net Hash/s: 0
Algorithm: n/a
Proof Type: n/a
Block Time: 0
Block Reward: 0
Block Reward Reduction: n/a
Coin Supply: 150,000,000
Coins Available: 74,836,171
Difficulty Adjustment: n/a
Start Date: 2019/04/07

What is Enigma?

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.