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Enigma

Scalable privacy for blockchain


Bitcoin Bravado
Enigma Analysis

Innovation is essential to the


expansion of the cryptosphere.
Companies that neglect change,
adoption, and growth will be left
behind, barely managing to survive. While the current decentralized world may be
gleaning support and attracting world-class talent, it does not come without its
limitations. Blockchain technology, with respect to data storage, is entirely
inefficient, requiring exorbitant expenditures and jeopardizing the privacy of
consumers. Therefore the scalability of blockchain technology, as it stands today, is
limited - necessitating a more complete protocol that is intended to disrupt, and
ultimately improve, this technology.

Enigma’s privacy protocol, from our perspective, stands as the most appropriate
means to solve some of blockchain’s challenges. Businesses and other institutions
intending to initiate smart contracts into their operations must place privacy at the
forefront of their agenda. Utilizing secret contracts, which are private smart
contracts, and techniques such as multi-party computation, Enigma enables
blockchains to install privacy without using centralized third-party systems. Enigma
is a decentralized computation and data storage network that distributes
computations across multiple nodes, separating data so that no single entity can
access the information that is transmitted over the blockchain. Entities across
industries can utilize Enigma with peace-of-mind knowing that their data will not be
visible on a public ledger.

A common debate in the cryptosphere pertains to the scalability dilemma.


Blockchain technology struggles to process the 100,000+ transactions per second
that are needed to make a system globally operable. Enigma has a leading, viable
protocol that aims to resolve this issue. Enigma stands in a league of its own, apart
from blockchain technology, because not every computation has to be run on each
node. In Enigma’s case, parts of data collected or computations run can be spread
across multiple nodes.
Bitcoin Bravado
Enigma Analysis

This allows Enigma to not be overrun by the complexity of each node that attempts
to agree with one another while working to verify every transaction.

Enigma's team is composed of blockchain researchers, tech industry veterans, and


entrepreneurs, including Guy Zyskind, Can Kisagun, Tor Bair, Victor Grau Serrat,
Frederic Fortier, Moria Abadi, Lena Kleyner, Ainsley Sutherland, Isan Rivkin, Avishai
Weingarten, and Embar Almog. With their varied skills and selfless desire to
promote the future of decentralization and cryptocurrency, the Enigma team has
established partnerships
with Aion, KyberNetwork,
ETHLend, investFeed, and
EtherDelta.

These partnerships will, in


our eyes, facilitate growth of
the community as well as
improve the Enigma
protocol.

Before the Enigma protocol


is released, Enigma is
dedicated to providing immediate value to the community as well as creating
early use cases for the protocol. To promote mainstream adoption and
comprehension of the Enigma protocol, Enigma has developed its first application,
Catalyst, a platform for data-driven crypto asset trading and investing that has
already been used by tens of thousands of traders. Intended for users looking to
professionalize their crypto trading, Catalyst has recently integrated CCXT, a
popular open source library that intends to offer a uniform API for across
exchanges. Integrating CCXT ensures Catalyst is able to support more exchanges,
thereby helping Enigma with reaching its goal of making Catalyst the strongest and
most active crypto quantitative trading platform to date.
Bitcoin Bravado
Enigma Anlaysis

To further bolster the utility of Catalyst, consumers can load their own historical
pricing data from CSV files into Catalyst as well as paper trade. For clarity, paper
trading should be viewed as practicing trading. On Catalyst, trading is simulated
through its paper trading feature, allowing consumers to trade without sacrificing
capital. Furthermore, important to mention is that Enigma has garnered and
implemented information on the precise fee structure of every cryptoasset
exchange, making Catalyst one of the most consistent and exact quantitative crypto
trading platforms available. You can read documentation at enigma.co/catalyst and
join their developer forum at catalyst.enigma.com

There is a clear connection between Catalyst and the Enigma protocol, thanks
to the Enigma Data Marketplace. The Enigma Data Marketplace will be the first
decentralized application to run on the Enigma protocol, connecting data providers
with data consumers. Later this month, Enigma is set to deploy the Enigma Data
Marketplace on mainnet, indicating the smart contract that leads the transacting of
high-end datasets on the marketplace has undergone its security audit and,
therefore, now suitable for consumer interaction. At that time, the marketplace will
be fully integrated with Catalyst, allowing Catalyst traders to consume third-party
data sets like social sentiment, GitHub activity, and trading volume to use in their
algorithmic strategies.

To achieve greater understanding of how the Enigma Data Marketplace operates,


please read the documentation (enigma.co/marketplace) and watch the following
video: https://www.youtube.com/watch?time_continue=58&v=jqdwhli20Xk

It should also be mentioned that Enigma will release its roadmap, replete with
invaluable information concerning the future of Enigma, before Q1's conclusion.

As always, we want to remind you that information provided below Bitcoin Bravado and accompanying material is for
informational purposes only and should not be used as a basis for any investment or other purpose. It should not be
considered legal or financial advice. You should consult with an attorney or other professional to determine what may be
best for your individual needs. Please, do your own research.

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