Enigma Prediction 2018, ENG Forecast and Price Charts – When to buy ENG? What is the ENG price today? ENG Forecast, Short term and Long term Price Predictions for Next Months and Year: 2018, 2019 and 2020.
WHAT IS ENIGMA (ENG)?
Enigma is a next-generation protocol for decentralized marketplaces and is also a cryptocurrency. It is effectively a second-layer off chain network that is made specifically to solve the privacy and scalability issues that are plaguing the current crypto networks. It uses a proprietary version of Smart Contracts dubbed secret contracts that keep the underlying data encrypted at all times including during the processing phase.
ENIGMA (ENG): HISTORY
Enigma project is the result of the collaboration between a group of former MIT students and graduates and was incubated at the institute’s research lab. The founders of the project are Guy Zyskind and Can Kisagun. The first project to be built on top of the Catalyst platform was announced in June of 2017. The first crowdsale was announced in September OF 2017.
HOW DOES ENIGMA (ENG) WORK?
Enigma promises two things to its user’s privacy and scalability. The first promise is kept through the use of secure multi-party computation which eliminates the uses of any trusted third party and distributes the data between different nodes where each of them has a random piece of data and not the full thing. They aim to keep the second promise by having only a subset of the total data being present at each node as opposed to replicating it at each node.
HOW TO BUY ENIGMA (ENG)?
Enigma is also a currency that is compliant with the ECR-20 standard and thus can be stored in any Ethereum wallet like MyEtherWallet. Create an account in MyEtherwallet and be sure to keep all the necessary information about the wallet somewhere safe. After that, you have to get your hands on some ETH or BTC. If you don’t have them the use marketplaces like Coinbase to buy some using fiat cash. Then head over to Binance where you can exchange it for ENG and store it in either Binance or can transfer it to MyEtherWallet.
ENIGMA (ENG) PRICE PREDICTION 2018
Enigma tries to solve the two biggest bottlenecks in current blockchain systems. As of 27-2-2017, Enigma’s price is 2.53 USD. You can get around 39.5 ENGs for your 100$ investment. A long-term price increase is expected based on our forecasts. Our five-year prognosis places the currency at 52.043 USD. The price today is $2.57. There is a supply of 626,024 ENG‘s and it has a market cap of $158,576 and a trading volume is $558. Enigma price prediction, ENIGMA price forecast, ENIGMA price and news, ENIGMA price forecast, ENIGMA price prediction 2018, What is the price of Enigma 2018.