Let's face it, for many of us, when we were first introduced to the cryptocurrency space, we were intrigued by the financial opportunity, and only then did we look further into the technology behind this opportunity.
If you were like me, you wanted to ensure that what you were investing in was something that was built to last. Something that was here to stay. Something sustainable.
And then when you dug a little deeper, you were blown away by the vision the founders and developers of blockchain technology had. You understood that this technology would not only transform the way we view and trade currency, but it would completely revolutionize how we operate as a people in this digital age.
The blockchain was created to establish a more decentralized future and Bitcoin paved the way for the other cryptocurrencies on the blockchain. The blockchain inherently offers transparency and leaves an irrefutable record of activities, but with the intense verification and public nature of the blockchain, use cases are limited, however. "In their current design, blockchains cannot handle privacy and are not well suited for heavy computations." The two biggest problems facing the blockchain are a lack of PRIVACY and SCALABILITY.
That's where Enigma comes in.
Enigma protocol, led by a team of MIT graduates and researchers, "is an off-chain network that solves this problem by enabling secure and decentralized data computation and exchange using secret contracts. By enabling secure, decentralized data computation and exchange, Enigma allows blockchains to truly fulfill their powerful promise."
Enigma is a truly ambitious project with incredible growth potential for the rest of 2018 and beyond. By filling a glaring void for privacy and scalability, along with its incredible team, it's only a matter of time before this project receives the attention it deserves.
While the financial opportunity may have been what reeled many of us in to the cryptocurrency space, truly revolutionary technology like Enigma's is what solidifies our faith in our investment.
References
enigma.co