Enigma (ENG)

What is Enigma Crypto Currency? Enigma (ENG) is a blockchain-based, privacy-focused cryptocurrency platform that was established in July 2017 by a group of influential Silicon Valley entrepreneurs and computer scientists. It features a second-layer network of privacy-preserving smart contracts and distributed computational resources that allow users to privately and securely store and move crypto assets. The platform is powered by an advanced mechanism called “secret contracts” which enables users to transact with low overhead and low risk. Who Founded Enigma? Enigma was founded by a highly talented group of four, who have worked and studied together before establishing the project. The founders include, co-founder and CEO Guy Zyskind, co-founder and COO Can Kisagun, co-founder and CFO Tor Bair and co-founder and CTO Can Kisagun, each hailing from the world of top technology and engineering studies. What Makes Enigma Unique? The main feature that makes Enigma unique is its use of secret contracts. These are contracts coded with a series of assumptions, terms and conditions. When a user sends a transaction, these contracts are executed and the result is known only to the participants. This means that all involved parties receive the same result, while the details of the transaction are encrypted and remain hidden from any third-party. This makes Enigma one of the most secure and private networks for transacting crypto assets. Where is Enigam Used? One of the main applications for Enigma is a decentralized exchange. This means users can buy and sell crypto assets via a trustless and secure system, without sacrificing their privacy. Enigma is also used for data storage, digital identity, data science and Artificial Intelligence (AI), allowing users to securely store, compute and monetize data without any compromise to security or privacy. Where to Buy/Sell Enigma? Users can buy and sell Enigma through various exchanges like Bithumb Global, KuCoin, UPbit, BitMax and other leading crypto currency exchanges. It is also possible to purchase ENG in exchange for fiat currencies like USD, EUR, GBP and more. You can also purchase ENG with cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and other major crypto coins. Conclusion Enigma (ENG) is a blockchain platform that’s dedicated to preserving the privacy and security of users while offering unique features and scalability. The platform is built around “secret contracts”, enabling users to transact with low overhead and risk. Enigma is used for a variety of applications, including decentralized exchanges and data storage. Users can buy and sell ENG on various exchanges, as well as through fiat currencies and other major crypto coins.