What is Enigma (ENG)?
The Enigma protocol is a second-layer, off-chain network that aims to solve the two most significant problems for blockchains: scalability and privacy. By enabling secure, decentralized data computation and exchange, Enigma allows blockchains to truly fulfil their powerful promise.
Enigma (ENG): History
Catalyst, found online at Enigma.co, is an investing platform combined with an off-chain decentralized exchange protocol. The platform was created by an MIT-bred company called Enigma. The developers claim to have created “the first investment platform focused on enabling developers to build, text, and exercise micro crypto-funds.”
How Does Enigma (ENG)Work?
The catalyst is a decentralized exchange protocol that supports cross-chain atomic swaps. The company’s solution can operate as an extension of existing off-chain payment networks built on bidirectional payment channels and hashed timelock contracts (HTLCs), such as the Lightning or proposed Raiden network.Using this design, Catalyst allows users to make fast, cross-chain transfers without relinquishing control of their assets.
Catalyst’s order books are maintained by a permissionless network of liquidity providers. To start trading, users open payment channels with their chosen liquidity provider in the currencies in which they wish to trade. Assets are then exchanged atomically by executing a single, cross-chain payment, routed through the liquidity provider. Ultimately, that means Catalyst allows for scalable, custodian-free trading.
How to buy Enigma (ENG)?
The Enigma is exchangeable in the exchanges like Binance, Bittrex, OKEx, Liqui, etc.. Before that the users have to get a wallet to keep the coin safe. The password that created for the wallet should not be forgotten. Once you forget it, you will also lose your currency. The users can purchase some other popular coin to trade your coin if the direct purchase is impossible.
Enigma (ENG) price prediction 2018
ENG can be a profitable investment option. Enigma price equal to 3.882 USD at 2018-01-30. If you buy Enigma for 100 dollars today, you will get a total of 25.757 ENG. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-01-28 is 95.840 US Dollars. With a 5-year investment, the revenue is supposed to be around +2368.55%. Your current $100 investment may be up to $2468.55 in 2022. ENG price today is $3.90 and market cap value is $291,891,750. The current supply 74,836,171 ENG and the volume are $5,220,600. Enigma price today, Enigma price chart, Enigma exchanges, Enigma wallets, where to buy Enigma, how to buy Enigma.