ENG is a project aiming to bring a solution to blockchain's limitations. It does so by using second layer protocols, an approach taken by other startups as the fundamentally better solution, except Enigma strongly believes they have hit the nail in the head with their proposed implementation, targeting both privacy and scalability. Their proposal? Three blockchain agnostic layers involving off chain data handling to help with scalability a layer for decentralized applications and a third one involving secret smart contracts.
The promise is big and the implications are profound for whichever company finally takes Blockchain technology to the next level. ENG allows for such incredible feats as computation applied to encrypted data. Making it happen would probably see your potential Enigma investment soar up in value to the extent of placing it well within the top tier of the Cryptoverse.
But is it the real deal? Can it overcome the fierce competition it faces? Let's dig deeper.How to buy?
Some of the most liquid exchanges allow you to buy Enigma. The total number of platforms is not big, but they are more than enough to delve into the currency with relative ease. It has trading pairs with BTC, ETH, USDT, TRY or KRW, so investors are not out of options in this regard.
Investors may store their ENG tokens via mobile wallets (options for both Android and IOS are available) web wallet (MyEtherWallet being an obvious option since we are talking an Ethereum powered token) as well as hardware options via your Ether address (a process easily found on different websites).
As of the time of writing, the range of storage options isn't as big as some other coins and tokens. However, it is expected to grow over time.