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Good afternoon dear visitors of the site cryptoknows. We would like to tell you about one interesting and incredibly promising cryptocurrency Enigma. We assure you, this token is worth paying close attention to in 2018. In this article you will learn whether it is worth investing in this token, Enigma cryptocurrency will help you earn and secure your data.
The official website of the project:
Enigma cryptocurrency is a protocol for encrypting data, for use by blockchain technology. The project was created by a group of MIT (Massachusetts Institute of Technology) graduates and researchers, whose team you can learn about on the site enigma. co.
Work on the Enigma system began in July 2015, designed to ensure the secure provision of data to third parties. The system received its eponymous name in honor of the famous encryption machine of the same name Enigma, which was invented and used by Germany during World War II.
According to the developers, the Enigma system is a decentralized cloud platform with a guaranteed and unique system of personal data protection.
Centralized systems are very vulnerable and highly unstable, because this kind of system can lead to bad consequences of influence from outside. For example, corruption or simply poor system security. Blockchain technology and its implementation can help solve these problems. But the current processing power of blockchain is slow and expensive. Enigma’s goal is to provide a truly decentralized system based on blockchain that does not share the vulnerabilities of centralized systems.
Secret contracts (secret contracts.).
A new technology from the Enigma project that protects the confidentiality of data, but also allows it to be computed. Nodes in the Enigma network cannot view the data they are computing, but they can publicly prove that they are computing correctly. This opens the door to a new type of smart contracts, called secret contracts, where the data processed in the contract remains encrypted.
The Enigma system can be used by multiple industries, including finance, healthcare, identity storage and credit. Enigma is a decentralized, open, and most importantly incredibly secure data marketplace.
Enigma cryptocurrency and its analysis
As for the numbers and charts of Enigma cryptocurrency, we can find all the data we need to analyze on coinmarketcap. com.
The cryptocurrency shows itself confidently from the moment the currency is listed. There are no large drawdowns throughout the trading interval, which undoubtedly tells us about the resilience of the cryptocurrency.
ENG cryptocurrency is traded on almost all leading cryptocurrency exchanges, which undoubtedly speaks about its Demand.
As of 10. 01. 2018 the world capitalization of the currency is 588 million US dollars. The price per 1 token is 7. 87 US dollars.
The Enigma project is promising and versatile with its developments and its own cryptocurrency. Most likely, in 2018, the cryptocurrency will only see steady and stable growth.
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