Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: coinbureau on January 14, 2018, 07:26:38 PM



Title: Enigma Private Contract Review - Worth it?
Post by: coinbureau on January 14, 2018, 07:26:38 PM
Enigma was originally developed by researchers at MIT labs. It has not branched out and is trying to solve two problems plaguing blockchains, namely privacy and scalablitiy.

They have developed something called "Secret contracts" which borrows technology from Ethereum's smart contracts but  fully encrypts them.

https://www.coinbureau.com/review/overview-enigma-secret-contract-cryptocurrency/

What is genius behind the protocol is that the nodes are able to verify that the computations are done correctly without revealing too much about the content of the contract.

They also have tools such as Enigma catalyst which allows users to work with big data and blockchains.

How do you think that this could compete with other proven technologies such as RCT at Monero or zero knowledge proofs at Zcash?