$0.46
Price (USD)
$34.72 M
Market Cap (USD)
$3.22 M
Volume (24h)
74.84 M
CIRCULATING SUPPLY (ENG)

Performance Summary

Percentile Ranking (0-100)

58
Root Rank
59
social
33
usage
43
price performance
96
development

MACD

Description

Enigma is a decentralized data marketplace, that guarantees the privacy of their users’ shared data cryptographically. Enigmas 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 ERC 20 token that serves as currency on Enigma’s network.

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