Centralized systems are flawed – due to their structure, they can lead to misaligned incentives, corruption, and security vulnerabilities. Blockchains can help solve these issues, but they suffer from two major flaws of their own: scalability and privacy. Current computing capacity on blockchain is slow and expensive. In addition, sensitive data cannot be stored on-chain. As a result, most data must be stored off-chain in centralized databases. Enigma’s goal is to enable truly decentralized applications that do not share the vulnerabilities of centralized apps.
Coin: Enigma (ENG)_x000D_
Algorithm: N/A_x000D_
Proof Type: N/A_x000D_
Fully Premined: 0_x000D_
Total Coin Supply: 150000000
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