Enigma (project)

Enigma
Ticker symbol ENG
Development
Original author(s) Guy Zyskind
Oz Nathan
Alex "Sandy" Pentland
White paper Enigma: Decentralized Computation Platform with Guaranteed Privacy
Initial release September 11, 2017 (2017-09-11)
Website enigma.co

Enigma is a decentralised data marketplace protocol and cryptocurrency created by a team of Massachusetts Institute of Technology graduates and researchers,[1] and incubated at MIT Media Lab.[2] The Enigma protocol is a second-layer, off-chain network that aims to solve issues of scalability and privacy on the blockchain.[3][4] Enigma's CEO is Guy Zyskind[5] and advisors include Alex Pentland.[6] The first application to be built on the Enigma data marketplace is Catalyst, a tool for data-driven crypto investing and trading.[7]

History

Enigma was created by Guy Zyskind and Oz Nathan along with their advisor and MIT Professor Alex Pentland. The project first began as an attempt to create homomorphic encryption, a form of encryption that allows computer systems to query secured databases which actually allow them decrypted access.[8]

References

  1. ↑ "Enigma And KyberNetwork Partner To Expand Blockchain & Crypto-Asset Adoption". Payment Week. Retrieved 27 December 2017.
  2. ↑ "Project: Enigma". MIT Media Lab. Retrieved 10 January 2018.
  3. ↑ Guy Zyskind; Oz Nathan; Alex ’Sandy’ Pentland. "Enigma: Decentralized Computation Platform with Guaranteed Privacy" (PDF).
  4. ↑ "Enigma and KyberNetwork Partner To Expand Blockchain & Crypto-Asset Adoption". PaymentsJournal. Retrieved 27 December 2017.
  5. ↑ "Here's one way hackers can be stopped from stealing millions in an initial coin offering". Business Insider. Retrieved 13 January 2018.
  6. ↑ "Advisors". Enigma. Retrieved 27 December 2017.
  7. ↑ "Enigma announces biggest release yet for crypto quant platform with Catalyst 0.4". CryptoNinjas. Retrieved 27 December 2017.
  8. ↑ Greenberg, Andy (June 30, 2015). "MIT's Bitcoin-Inspired 'Enigma' Lets Computers Mine Encrypted Data". WIRED. Retrieved 2018-03-07.


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