The goal of Enigma is to provide privacy for the decentralization of applications using second-layer blockchains.
The mechanics of the solution is such that nodes in Enigma do not see the data they compute over, but they can publicly prove that they have run a computation correctly. This increases the speed of computation for encrypted smart contracts and ensures their privacy.
According to the developers, Enigma will be able to interact with any blockchains. The intended applications include storage of users’ personal data, healthcare, lending and IoT.
Catalyst is the first application launched on top of the Enigma protocol. It is a platform for crypto traders, facilitating research and cryptocurrency exchange rate analysis.
We invest in Enigma because the project offers a successful solution for data transfer and storage, and privacy will always be essential for the crypto community.