Enigma Price today
Enigma, also known as ENG, has a price today of 0,45$ and a market capitalization of 67.167.176$, which is 0,02% of the total. Enigma has a total of 150.000.000 coins in circulation.
In the last 24 hours, the price of Enigma has decreased -0,0051$, which is -1,13% of its valuation.
What is Enigma?
Enigma is the new network system that works with blockchain to improve the security level by adding another layer of computation and data storage. Enigma makes sure that every dApps that uses this gets the full benefit of scaling and privacy protocols.
The network is a private channel that will be free for any third party interactions. Just like Ethereum’s smart contract feature Enigma comes with secret contract feature where both parties can discuss or exchange confidential files.
This is the best deal of Enigma and it makes it unique in the crypto world. It makes sure that confidentiality is the core of any app designed on their platform. The blockchain is agnostic and interoperable. A user can add Enigma as an extension of their decentralized app.
Any code run on the Enigma platform is private and encrypted to avoid any data leaking. To ensure further security the data is first encrypted with a key and then it gets transacted to the network for operation. The nodes working on the platform also has an individual level of security which ensures total privacy.
- Offers an immense level of security protocols which includes all the nodes as well. This security is almost impossible to breach.
- Has a public ledger system which is further optimized by the private storage unit.
- Offers extra storage space to every decentralized app.
- Can be used as an extension.
- Transaction rate is higher than usual cryptocurrencies.
The protocol breaks up the original Ethereum blockchain protocol and enhances the smart contract feature by adding an off chain algorithm in the mix. This algorithm enables the nodes to perform extra calculations for the encryption process and makes sure that results are combined and rechecked through secure means.Visit website open_in_new
|Price in BTC||0.00004280 BTC|
|Current Supply||150.000.000 ENG|
|Total Supply||150.000.000 ENG|
|24h Volume (coin)||0 ENG|
|24h Volume (currency)||$0|
|Last updated||2019-07-21 19:11:03 +01:00 BST|
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