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Venezuela
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4270.25 Karma

Review on Enigma by LUIS RIVERO R

Revainrating 3 out of 5

Internet management platform and hidden contracts.

This project aims to solve problems related to the privacy of users on the internet, making it truly decentralized, offering freedoms to millions of users around the world who have limitations in this regard.
Currently it is in development, although it has been a long time since its launch, the launch of its maimnet appears launched on February 13, 2020, however when trying to access this error is thrown in the browser, so today we only have an update in his official Medium blog where all the information about this recently launched protocol is published. What is known about this chain is that its code is based on the Cosmos SDK and Tendermint.
The chain of vessels will be replaced in its entirety since they currently only work with Eth, an issue that this new chain solves by completely replacing the previous token, This will serve as a method of payment for the use of services as well as payments to mining, governance and all transactions across the network.

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Pros
  • Privacy in the transfer of data and information that the user uses.
  • Theoretically it is scalable, and it should be so since nobody wants to use a connection that is slow or limited in number of users.
  • According to technical details it will have an inflation of 15 percent a year.
  • It will allow you to generate secret smart contracts.
  • It is listed in good exchanges, it has good liquidity.
Cons
  • It has a slow development and to date they only offer a network to host their cryptocurrency.
  • There are still no methods to run nodes on this network.
  • Its new SCRT token has no idea of how it will be released to the market.