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Enigma
$0.498989
+1.19%
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  • Market Cap
    $37,342,408
  • 24h Vol (Global)
    ฿56 ($440,324)
  • Circulating Supply
    74,836,171
  • Issue Date
    2017-10-13
  • Issue Price
    $0.600000
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
150,000,00074,836,1712017-10-13$0.600000
POW1
etherscan.io
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
150,000,000Ethashhttps://github.com/enigmampchttps://enigma.co/TOKEN

Enigma is a decentralized computation platform with guaranteed privacy. Our goal is to enable developers to build ’privacy by design’, end-to-end decentralized applications, without a trusted third party. Enigma is private. Using secure multi-party computation (sMPC or MPC), data queries are computed in a distributed way, without a trusted third party. Data is split between different nodes, and they compute functions together without leaking information to other nodes. Specifically, no single party ever has access to data in its entirety; instead, every party has a meaningless (i.e., seemingly random) piece of it. Enigma is scalable. Unlike blockchains, computations and data storage are not replicated by every node in the network. Only a small subset perform each computation over different parts of the data. The decreased redundancy in storage and computations enables more demanding computations. The key new utility Enigma brings to the table is the ability to run computations on data, without having access to the raw data itself. For example, a group of people can provide access to their salary, and together compute the average wage of the group. Each participant learns their relative position in the group, but learns nothing about other members’ salaries. It should be made clear that this is only a motivating example. In practice, any program can be securely evaluated while maintaining the inputs a secret.

Teams
    Victor Grau Serrat

    Victor Grau Serrat

    Director of Engineering

    MIT D-Lab | 15+ years of software development

    Can Kisagun

    Can Kisagun

    Chief Product Officer & Co-founder

    MIT Sloan MBA | McKinsey

    Guy Zyskind

    Guy Zyskind

    CEO and Co-founder

    MIT Media Lab | 10+ years software development

Introduction

Enigma is a decentralized computation platform with guaranteed privacy. Our goal is to enable developers to build ’privacy by design’, end-to-end decentralized applications, without a trusted third party. Enigma is private. Using secure multi-party computation (sMPC or MPC), data queries are computed in a distributed way, without a trusted third party. Data is split between different nodes, and they compute functions together without leaking information to other nodes. Specifically, no single party ever has access to data in its entirety; instead, every party has a meaningless (i.e., seemingly random) piece of it. Enigma is scalable. Unlike blockchains, computations and data storage are not replicated by every node in the network. Only a small subset perform each computation over different parts of the data. The decreased redundancy in storage and computations enables more demanding computations. The key new utility Enigma brings to the table is the ability to run computations on data, without having access to the raw data itself. For example, a group of people can provide access to their salary, and together compute the average wage of the group. Each participant learns their relative position in the group, but learns nothing about other members’ salaries. It should be made clear that this is only a motivating example. In practice, any program can be securely evaluated while maintaining the inputs a secret.

Social Media
News
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2018-12-06
Enigma Q2 2018 Update: One Live Testnet and Our Biggest Quarter Yet
2018-07-10
ING Bank Is Bringing Bitcoin ‘Bulletproofs’ to Private Blockchains
2019-04-15
Bitcoin and Altcoins Positioned in an Uptrend
2019-04-02
IoTeX Scales Up: Privacy-Focused IoT Mainnet Within Weeks
2019-04-02
Well, Finally: Four Big Launches Coming Soon
2019-03-29
Bitcoin and Altcoins Signaling Bullish Continuation
2019-03-27
Trump Ended U.S. Government Shutdown, but the Damage It Did to Crypto Adoption Is Here to Stay
2019-01-29
Blockchain-Issued Stock Provider DX.Exchange Patches User Data Leak
2019-01-11
2018: When Privacy and Decentralization Collided
2019-01-05
American Tech Giant Intel Files New Patent for Energy-Efficient Bitcoin Mining
2018-11-30
Joe Crypto: The Volcano Vents, It Does Not Blow
2018-10-04
4 Privacy-Centered Cryptocurrencies You May Not Have Known About
2018-09-06
Pantera Capital Raises $71M for Its Crypto Fund, Targeting $175M
2018-08-18
Media Lab Project Enigma Partners with Intel on Privacy Research
2018-06-23
Bitcoin and Altcoins Defies Gravity, More Gains Possible
2018-06-20
Top 5 Coins With Best Investment Risks & Rewards Grades
2018-05-31
The Open Platform Secures Another Backer
2018-05-28
Bitcoin and Altcoins Keeps The Bullish Outlook Intact
2018-05-09
Market Weekly Outlook: BTC Primed for Gains, Altcoins' Share Grows
2018-04-29
Blockchain and Cryptos Offer a New Twist In Artistic Endeavors
2018-03-31
Enigma’s Data Marketplace Goes Live Ahead of Schedule
2018-03-29
Bitcoin Puzzles: A New Rewarding Pastime
2018-03-26
Win a Bitcoin by Being the First to Beat New Video Game
2018-02-16
A Beginner’s Guide to Dragonchain: An Innovative Cryptocurrency and ICO Platform
2018-01-08
Over $500,000 Stolen in Enigma ICO Hack
2017-08-23
MIT Grads Envision a Future Where Anyone Can Start a Bitcoin Fund
2017-06-07
Marco Streng of Genesis Mining on Ethereum and DASH Mining
2016-06-10
XScrypt Cloud Mining Provider Shows True Ponzi Colors?
2015-07-28
Dutch Government Officials To Change Privacy Laws With Bulk Online Surveillance
2015-07-05
MIT’s Enigma: Decentralized Cloud Platform with Guaranteed Privacy
2015-07-02