Trade ENG - ENG Markets, Exchanges, Broker
The association behind the Enigma Coin consists of several people who studied at MIT. They all share the same version of an independent future.
A time in which there are no more central administrations and the general public has gained access to maximum flexibility and freedom. For this reason, Enigma not only builds a digital currency, but a whole network of systems called the Enigma Project.
In the future, this will include not only payment options but also software from the healthcare and financial sectors. A first established project is called Catalyst. This is a platform that resembles a digital marketplace based on crypto currencies.
Technical specifications of the Enigma Coin
Not much is revealed about technical details. It can be assumed that the developers are working on their own algorithms and not on those that are already well known in the crypto world. A lot of information can be gathered from the different whitepapers that this currency should combine the best properties of Bitcoin, Litecoin and Ethereum.
Apart from that, these documents consist mainly of arguments, which is why it is worth becoming part of the network. Often there are also calculation examples with formulas or even excerpts from source codes, which show how the coin works.
Who developed the Enigma Coin?
On the official website of the Enigma Coin, which is also called ENG, you can find a team area. Here you will find the individual persons who are familiar with the development of the coin and the associated network. It is a company that is based on a classic hierarchy system. While there are two founders, one of them takes over as CEO. The development of the Enigma Project was made possible by several major investors.
There is no detailed information about the benefits these people derive from their investments. However, since data protection plays a role and can therefore neither be applied here, nor at high profit, which would be ensured by the coin, it seems to be a question of the contracts on the whole.
Those who are interested in establishing a project within the network will receive a contract. This is likely to require a license. The website is professionally designed. The team also includes social media managers.
Steep course developments shape the overall picture
At present, the price of a coin is around 3.28 US dollars. Thus, the coin currently also has a total capital of over 240,000,000 US dollars. The turning point at which the coin exceeded the price of an American dollar occurred towards the end of 2017. Prior to that, the average value was around 0.60 to 0.70 US dollars. There are very strong price changes. The peak to date was reached on 11 January 2018. Here the price of a coin was 8.00 US dollars.