Topic: What is Enigma (ENG)? (Read 115 times)
Enigma is an encoding engine used to encrypt and decrypt secret messages. Enigma was patented by German engineer Arthur Scherbius, and was originally used for commercial purposes, but was later renowned for being used by Nazi German army and government before and during World War II. Technically, Enigma machines include the family of electromechanical rotor machines, which have various models. The name Enigma is derived from the Latin aenigma, which means a puzzle.
Enigma is a network protocol. It operates to complement the blockchain network; it has another layer of data storage (other than the blockchain) and data computations. Its biggest advantage is the highest privacy and security in comparison to the ordinary blockchain. In a nut-shell, Enigma uses secret contracts technology; hence, the data kept in the blockchain network is privatized. However, it allows users to interact on the same platform at the same time.
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Read the full guide here:
https://www.tokens24.com/cryptopedia/coin-guides/what-is-enigma
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