/biz/ - Business & Finance

[Anonymous No.12251751]

Anyone else think this coin is very undervalued? Smart contracts are the most promising application of blockchains, but one big piece of the puzzle is missing from f.ex. Ethereum: Privacy. Enigma fixes this, enabling truly private dapps. Imagine a decentralized silk road marketplace that cannot be shut down or taken over. There's a reason silk road was the first thing that catapulted the popularity of bitcoin back in 2011, yet its demise was inevitable because it was run in a centralized way.

The project is also very active, and without any scammy gimmicks like aggressive marketing or private airdrops. Yet it's not even in the top 100 marketcaps. Crazy if you ask me.

[Anonymous No.12251937]

>>12251751
It's value is zero and that's where it will go with the rest of them in 2019.

[Anonymous No.12252011]

>>12251751
ever heard of Chainlink, Town Crier, Trusted Execution Environments and SGX?

[Anonymous No.12252084]

>>12251937
And what reasoning brought you to that conclusion?

>>12252011
>Chainlink, Town Crier,
Can be used for something similar but they are not equivalent
>Trusted Execution Environments and SGX
What does this have to do with blockchains? Code being run privately on a single CPU does not help in sharing that data privately on the internet

[Anonymous No.12252166]

ENG is a scam stupid fuck. The only reason you know about this obscure scam is that sandnigger shillina shilled this shit a lot. you better sell at the right time next time if there ever be a next time or stay away from scammer fuck.

[Anonymous No.12252266]

>>12252084
Chainlink can be used EXACTLY like enigma thanks to TEE. It btfo's the whole concept of enigma.

You can run the contracts/calculations off-chain, within the node(s) in TEE or store private data.

[Anonymous No.12252736]

>>12252266
>Chainlink can be used EXACTLY like enigma thanks to TEE
what happened is that chainlink realized their 'reputation' idea is completely unworkable and started talking about copying enigma. So far there's no visible development in that direction.
Enigma is behind on development too, but they have a testnet for months now.

[Anonymous No.12252761]

Republic Protocol REN can also be used like enigma. And the team moves faster than any other projects out there.

[Anonymous No.12253562]

>>12252266
It *can* be used like it, doesn't mean that it is better at it. Enigma was started with this goal only in mind from the start, in my experience such projects will always turn out better than those that change course underway or add similar functionality as a secondary feature.

[Anonymous No.12253576]

>>12251751
literal scam. if you actually want privacy coins w/ smart contracts then here are a few that may actually do it;

> Dero (supposed to release EOY 2018)
>Tangram (supposed to release 2019 Q4)
> Tezos (no schedule)
> Turtlecoin (no schedule)

[Anonymous No.12253623]

>>12253576
What's the scam exactly? They aren't asking for money, their code is open source and transparent. There is literally no room for malice.

[Anonymous No.12253637]

>>12253576
>literal scam
>Dero


>privacy coin
>Enigma

[Anonymous No.12253671]

>>12253576
>definitive list of Pajeet scams
wow

[Anonymous No.12253728]

>>12253623
>>12253623
no need for a token.

>>12253637
>buying an erc20 token
enjoy losing your money pal. this isnt 2017 anymore. unlike Enigma, dero is a coin written from scratch in Go, first ever blockDAG, has a working mainnet etc.

[Anonymous No.12253748]

enigma is a soft exit scam in the works
it started off as a secret hedge fund ICO or something then made a pivot to an entire privacy blockchain using MPC which they hoped to accomplish with their 4 person team lol
now its aiming for a smart contract SGX encryption testnet as a stop gap in Q1 2019 which iexec already demonstrated for cloud computing in Q1 2018 and Town Crier(Link) has been working on as a data feed for smart contracts since 2016

look at their launch partners... more scams
plus factor in that the team owns 50% of tokens and isnt shy about dumping them

[Anonymous No.12253904]

>>12253728
>unlike Enigma, dero is a coin written from scratch in Go
This is not a good thing. Ethereum has such a long head start and momentum in smart contracts that it is hopeless for anything else, including ones with extra features like privacy, to get meaningful adoption any time soon. Don't underestimate the network effect. For that reason I see far more potential in second layer projects that build on ethereum, like Engima or Chainlink, rather than starting from scratch.

[Anonymous No.12253917]

>>12253748
>started off as a secret hedge fund ICO or something then made a pivot to an entire privacy blockchain
Wrong, read the whitepaper
>the team owns 50% of tokens
So does sergey

[Anonymous No.12254036]

>enigma
>team hold 50% of total supply
LMAO

>>12253728
>calling a protocol rewrite from C++ to Go "from scratch"
Just another shady scam.

[Anonymous No.12254142]

>>12253917
The ICO was for enigma "catalyst" aka the failed hedge fund
https://icobench.com/ico/enigma-catalyst
>Enigma Catalyst
>A platform for crypto-focused traders
>It is a platform that empowers anyone to build their own crypto hedge fund and participate in the coming Renaissance of the financial ecosystem. Our vision is to enable developers to build winning investment strategies, a strong track record and attract investment from community investors. Catalyst is a playground where developers, quants, and experienced traders can easily build, simulate, and eventually live trade cryptocurrencies using sophisticated programmatic strategies. Regular investors can then invest directly in winning strategies through our system. With this, we’re hoping to make smart-investing in this new emerging asset class accessible to everyone.

yes the whitepaper describes MPC but the team made 40 million off of the catalyst idea

sergey doesnt market dump his tokens
also
>35% going to early node operators, 30% retained by company

[Anonymous No.12254143]

>>12253748
This.
First they came up with some shit called “catalyst” which nobody used or understood shit. And then they became “secret smart contracts” all of a sudden. Kek.

A turkroach and a bunch of jews who are schoolmates. Congrats op, you are jewed + turkroached.

[Anonymous No.12254185]

>>12251751
OH NONONONONONONO!

[Anonymous No.12254506]

>>12253904
second layer privacy is for plebs

[Anonymous No.12255190]

>>12252011

Yup cus I'm not a brainlet and do my own research. My linky stays stinky!

[Anonymous No.12255379]

>>12253562
If you can eloquently describe the use of TEE’s in Chainlink vs Enigma that explains why Enigma’s approach is more suitable, I’ll get on your side.

t. >1 year Stinky Linky