ENG meaning in Cryptocurrency ?

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Answer:

Enigma (ENG) is a crypto platform that’s trying to solve the problem of privacy on the blockchain by giving access to data storage and privacy while remaining scalable. Enigma aims to extend Ethereum Smart Contracts by introducing secret contracts.

Secret contracts would operate off-chain, meaning the execution of the contract doesn’t occur on the Ethereum blockchain, but rather sorts any related data into pieces, encrypts those pieces, and distributes them redundantly among Enigma nodes.

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Posted on 01 Nov 2024, this text provides information on Miscellaneous in Cryptocurrency related to Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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Miscellaneous in Cryptocurrency
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Miscellaneous in Cryptocurrency


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